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NCLAT stays bankruptcy proceedings against Ind-Swift

Ind-Swift was admitted for corporate insolvency on September 12 on a petition by trader creditor Allcare Containers claiming overdues of ₹3.12 crore, according to an order passed by the Chandigarh National Company Law Tribunal (NCLT). Last week, the NCLAT stayed the insolvency process till October 30 after the company said that it had settled the principal dues of Allcare but needed time to negotiate the terms of interest payment.

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India Digest: Investcorp sells stake in Safari Industries; IndiaRF buys Ind-Swift Labs units

Investcorp has exited its investment in Safari Industries, while IndiaRF is acquiring some businesses of Ind-Swift Labs.

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Stock Market Live Updates: Subdued start for BSE Sensex and NSE Nifty amid global uncertainty; Adani Ports, Dr Reddy s gain over 2% each

Stock Market Live Updates: Subdued start for BSE Sensex and NSE Nifty amid global uncertainty; Adani Ports, Dr Reddy s gain over 2% each
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Focus on Adani Enterprises, Adani Wilmar, Singer India, CCI, Netlink Solutions, Lupin, Capital India Finance, Power Grid, Aarti Drugs, Zee Learn, Abbott India & More Ahead of Q2 Earnings on August 9

Focus on Adani Enterprises, Adani Wilmar, Singer India, CCI, Netlink Solutions, Lupin, Capital India Finance, Power Grid, Aarti Drugs, Zee Learn, Abbott India & More Ahead of Q2 Earnings on August 9
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

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