CoinLoan (CLT) traded 1.1% lower against the dollar during the 1 day period ending at 10:00 AM ET on May 1st. One CoinLoan token can currently be purchased for approximately $0.54 or 0.00000951 BTC on exchanges. CoinLoan has a market capitalization of $1.06 million and $0.10 worth of CoinLoan was traded on exchanges in the […]
IRDAI expected to approve IndusInd International Holdings acquisition of Reliance Capital s 3 insurance companies. NCLT endorsed IIHL s ₹9,650 crore resolution plan for Reliance Capital. Hinduja Group s Aasia Enterprises aids in equity infusion.
The National Company Law Tribunal (NCLT) vacated the stay on the auction of the power project on April 5, paving the way for a fresh round of bidding. The total claim of lenders on the project is pegged at about Rs 32,000 crore. These companies have given expressions of interest , which were to be submitted by April 26 and the timeline to give a resolution plan by the interested parties is June 18, according to the timeline set by resolution professional Sumit Binani.
NCLT, Hyderabad, admitted Aditya Birla ARC s petition on guarantees by KSK Mahanadi Power promoters Sastry and Kishore for over Rs 4000 crore loans, including a tripartite agreement, in Chattisgarh.
Gupta has confirmed filing the suit under Section 245 of the Companies Act, stating that more than 100 investors have already consented to take legal action to halt the delisting process. He mentioned that more investors are joining each day to support the legal battle.