Lenders disappointed with Jindal's Rs 301 cr bid for debt-laden Future Enterprises
Kolkata: Jindal (India) has bid Rs 301 crore for Future Enterprises, which is less than 3% of the total Rs 12,265-crore loan exposure, rendering it almost inconsequential to lenders, ET reported.
Go First Insolvency: Central Bank of India, 3 other lessors file applications in NCLT
Mumbai: Central Bank of India and lessors including SMBC Afro Engine Leasing, Bluesky 19 Leasing Company Limited, and Bluesky 31 Leasing Company Limited, filed fresh applications in the insolvency plea of Go First at the National Company Law Tribunal (NCLT), media reports said.
The Interim Resolution Professional (IRP) of Go First Abilash Lal has informed the National Company Law Tribunal (NCLT) that the financially strained airline has incurred disproportionate liabilities due to the grounding of its aircraft, Moneycontrol reported.
NARCL wins bids for two Srei companies undergoing insolvency
Mumbai/IBNS: National Asset Reconstruction Company Ltd (NARCL) has won the bid for Srei group's two companies—Srei Infrastructure Finance Ltd and Srei Equipment Finance Ltd, media reports said.