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NCLT approved record 269 resolution plans under insolvency code in FY24: ICRA

NCLT approved record 269 resolution plans under insolvency code in FY24: ICRA
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Abhishek dafriaGroup headSwan energyNational company law tribunalBankruptcy codeTriumph offshoreSenior vice presidentStructured finance ratingsFinancial reconstruction

Swan Energy shares dive 20%; analysts suggest bearish trend

Swan Energy share price: slumped 20 per cent on Tuesday to hit an intraday low of Rs 534.70. Even so, the multibagger stock has gained around 100 per cent in the past six months.

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Stocks To Watch: Reliance, ZEEL, Swan Energy, JM Financial, Coal India, Adani Group

Stocks To Watch: Reliance, ZEEL, Swan Energy, JM Financial, Coal India, Adani Group
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Swan Energy Ltd: NCLT denies interim relief to IFFCO; asks Triumph Offshore to discuss issues raised in IFFCO s plea before April 4

The National Company Law Tribunal has directed Swan Energy-IFFCO joint venture Triumph Offshore to hold a board meeting before April 4 to discuss issues raised by minority shareholder IFFCO. IFFCO alleged that Triumph Offshore is pre-paying the debt which may result in dilution of its shareholding in the joint venture firm. The case is being heard by the NCLT.

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NCLT denies interim relief to IFFCO; asks Triumph Offshore to discuss issues raised in IFFCO s plea before April 4 - Industry News

NCLT denies interim relief to IFFCO; asks Triumph Offshore to discuss issues raised in IFFCO s plea before April 4 - Industry News
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