SREI
Srei Promoters Dispute Insolvency Proceedings; Next Hearing On March 31
Banking - Published date: .
Government had suspended fresh insolvency proceedings through an ordinance in June 2020 Read more
Kanorias Make An Offer Under Section 12A To Take Srei Out Of Insolvency
Banking - Published date: .
They feel that existing resolution plans under consideration by the Srei CoC fail to offer a fair and equitable consider... Read more
Budget Impact: Bidders Redraw Valuation Of Debt-laden Reliance Capital
Banking - Published date: .
The dispute is now pending at the National Company Law Appellate Tribunal (NCLAT) Read more
RBI Appoints V Ramachandra As Member Of Advisory Committee Of SIFL, SEFL
Banking - Published date: .
The Reserve Bank on Tuesday appointed V Ramachandra, former chief general manager of Canara Bank, as a member of the Adv... Read more
Enforcement Directorate Searches Srei Subsidiaries Undergoing Bankruptcy
Banking - Published date: .
The Enforcement Directorate (ED) Tuesday conducted simultaneous raids here on properties of of two organisations - Srei ... Read more
Voting For IBC Resolution Of Twin Srei Companies To Begin On Thursday
Banking - Published date: .
Srei has received three compliant resolution plans, which will be voted on by lenders and debenture holders Read more
Bidders For Srei Companies To Submit Revised Bids
World - Published date: .
The bidders had submitted their resolution plans, earnest money deposits (EMDs) and bank guarantees as part of their bid... Read more
NARC's Offer For Srei Companies Not To Be Backed By Govt Guarantees
Banking - Published date: .
The NARC has offered an upfront cash payment of Rs 2,100 crore and Rs 3,500 crore payable in deferred instruments Read more
Srei's Hemant Kanoria To Challenge Report Alleging Fraud At Group Firm
Banking - Published date: .
Transaction auditor's methodology 'opaque' and legal fight over it could derail resolution process, say sources close to... Read more
NCLT Kolkata Dismisses Kanoria Application Against KPMG Forensic Report
Banking - Published date: .
Sources say tribunal also rejected contempt petition filed by Kanoria after Punjab & Sind Bank declared the account ... Read more
Final KPMG Forensic Audit Report On SREI Had Gaps: Hemant Kanoria In NCLT
Banking - Published date: .
In an application moved on Jan 19, he sought setting aside appointment of KPMG by Axis Bank and UCO Bank (lead banks in ... Read more
Clix Group Submits Offer For Up To 90% Stake In Lakshmi Vilas Bank
Banking - Published date: .
Clix, backed by AION Capital, had submitted its letter of intent to LVB on June 15 Read more