Gensol Engineering, EV Arm Go Under Insolvency Resolution With IRP Twist
Special Correspondent | 14 June 2025IREDA sought CIRP against Gensol Engineering and Gensol EV Lease, claiming defaults of 510 crore rupees and 218.95 crore rupees, respectively
Baker McKenzie Appoints Sunny Mann As New Global Chair
Staff Reporter | 10 June 2025Mann will take on his four-year term in October, succeeding Milton Cheng
RInfra Settles Dues To Dodge Insolvency Bullet; To Seek NCLT Order Withdrawal
Staff Reporter | 2 June 2025Reliance Infrastructure makes full payment of 92.68 crore rupees to Dhursar Solar Power and will ask NCLAT for the withdrawal of NCLT’s order
NCLT Admits Reliance Infrastructure For Insolvency Resolution
Special Correspondent | 2 June 2025NCLT also appoints Tehseen Fatima Khatri as the interim resolution professional of infrastructure developer
IBBI Streamlines Resolution Process For Corporate Debtors
Staff Reporter | 2 June 2025The insolvency regulator amends the norms related to the insolvency resolution for corporate persons to further streamline and strengthen the process
IndusLaw Partners With Global Legal Giant CMS Amid Regulatory Changes In India
Staff Reporter | 28 May 2025The development comes as the recent regulatory developments in India are expected to significantly open up the domestic legal market to foreign firms
Insolvency Professionals, Take Note! IBBI Introduces New Forms For CIRP
Staff Reporter | 27 May 2025The reform aims to reduce compliance burden on insolvency professionals while maintaining effective oversight of insolvency resolution process
IREDA Knocks On DRT’s Door To Recover $85 Mln From Gensol After NCLT Move
Staff Reporter | 22 May 2025National Company Law Tribunal is set to hear IREDA’s insolvency petition against Gensol Engineering on 3 June
Gensol CFO Resigns As Regulatory Investigations Take Toll On Health
Staff Reporter | 17 May 2025Jabirmahendi Mohammedraza Aga’s resignation comes in less than three months following his reappointment to the CFO position in March 2025
India NCLT Orders To Issue Notice To Gensol Over IREDA’s Insolvency Petition
Staff Reporter | 16 May 2025NCLT rejects IREDA’s plea to appoint interim resolution professional for Gensol at today’s hearing and posts the case for hearing on 3 June
IREDA Files Insolvency Petition Against Gensol Engineering Over $60 Mln Default
Staff Reporter | 15 May 2025The state-run company files the petition against Gensol under Section 7 of the Insolvency & Bankruptcy Code
Bar Council Of India Amends Rules For Entry Of Foreign Lawyers, Law Firms
Staff Reporter | 14 May 2025The amendments aim to safeguard the interest of Indian advocates while regulating the practice of foreign law and international law in the country
Why Is Jefferies Bullish On Indian Hotel Sector?
Staff Reporter | 8 May 2025Jefferies believes the stock re-rating for hotels will stay on the back of strong travel/tourism upturn and bets on three Indian hotel companies
Induslnd Bank MD & CEO Sumant Kathpalia Resigns Amid Derivatives Saga
Staff Reporter | 30 April 2025A committee of executives will oversee the operations of the bank in the interim
Jefferies Bullish On Patanjali Foods; Starts Coverage At Buy
Staff Reporter | 15 March 2025The brokerage says the company is well-placed to expand its foods and home & personal care franchise and become a more diversified FMCG play
JSW Energy Gets NCLT Approval To Acquire Bankrupt KSK Mahanadi Power
Staff Reporter | 14 February 2025JSW Energy’s resolution plan proposes to pay a total of $1.85 billion to KSK Mahanadi’s creditors
India’s Busiest NCLT Bench Staff Strike Over Salary Delays
Staff Reporter | 14 January 2025Outsourcing and contractual staff at NCLT’s Mumbai bench demand immediate release of their December salary and a long-overdue salary revision
DMart Retail Chain Owner’s MD & CEO Ignatius Navil Noronha To Step Down
Staff Reporter | 13 January 2025Noronha to step down after over two decades of stint; board appoints Unilever’s Anshul Asawa as CEO-designate
