(SLDPL). The petition alleges fraud, misrepresentation, and regulatory violations in the handling of the company’s insolvency proceedings. Allegations of Round-Tripping and Loan Evergreening SLDPL has been under the Corporate Insolvency Resolution Process (CIRP) since 2021 after its account was flagged as stressed. Singh, removed from the management post-CIRP initiation, claims that the insolvency proceedings were…
HC refuses relief to Ansal properties, says HRERA penalties must be faced despite insolvency Times of India Read the original article here
Gensol Engineering Limited, a significant player in the solar and electric vehicle sectors, has officially invited Expressions of Interest (EoI) from potential investors as part of its Corporate Insolvency Resolution Process (CIRP). The resolution professional, Keshav Khaneja, issued a public notice (Form G) on Tuesday, inviting bids for the Ahmedabad-based company. In a unique offering,…
SPI Energy Co Ltd Says On July 22, Co Was Placed Into Official Liquidation TradingView Read the original article here
Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. SPI Energy Co ( (SPIEF) ) has issued an update. On July 22, 2025, SPI Energy Co., Ltd. was placed into Official Liquidation by the Grand Court…
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PayU Kenya Ltd., the local subsidiary of the Dutch-owned global payments company PayU, has entered liquidation just six years after its high-profile launch in East Africa. The company has appointed Sonal Tejpal as the liquidator to formally initiate the wind-up of its operations, as per Kenya’s Insolvency Act. PayU debuted in Nairobi in February 2019,…
The Centre has flagged multiple concerns over Vedanta’s proposed demerger at the National Company Law Tribunal (NCLT), CNBC-TV18 reported on Wednesday. During the hearing, objections were reportedly raised over financial risk, alleged misrepresentation of assets, insufficient disclosure of liabilities and violations of SEBI’s disclosure norms. Vedanta is seeking regulatory approval to split into four listed…