NCLAT
On Tuesday, the National Company Law Appellate Tribunal (NCLAT) dismissed a plea from an operational creditor seeking to initiate insolvency proceedings against Aditya Birla Fashion and Retail Ltd (ABFRL). The appellate tribunal upheld the Mumbai bench's...
Shares of Coffee Day Enterprises Ltd saw a significant 20 percent surge on Wednesday. This remarkable uptick followed a resolution between Coffee Day Global Ltd (CDGL) and its financial creditor, IndusInd Bank. Consequently, the National Company...
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Coffee Day Global reaches settlement with IndusInd Bank, NCLAT ends insolvency proceedings
Coffee Day Global Ltd (CDGL) on Wednesday reported that it had reached a resolution with its financial creditor, IndusInd Bank. Consequently, the National Company...
NCLAT halts Coffee Day Enterprises’ insolvency admission amid promoter’s default date challenge
On Friday, the appellate tribunal of the bankruptcy court issued a stay on the admission of Coffee Day Enterprises Ltd (CDEL). This action came...