कोशिश गोल्ड - मुक्त

SC refuses to stay NCLAT's order on 2nd round of RCap auction

Business Standard

|

March 21, 2023

The Supreme Court on Monday refused to grant interim relief to Gujarat-based Torrent Group, which wanted a stay on the National Company Law Appellate Tribunal (NCLAT) order allowing the lenders of Reliance Capital (RCap) to hold a second round of auction for the sale of the bankrupt firm.

- BHAVINI MISHRA

SC refuses to stay NCLAT's order on 2nd round of RCap auction

A Bench of justices Sanjiv Khanna and MM Sundresh allowed the Committee of Creditors (CoC) of RCap to go ahead with the extended challenge mechanism to maximise the value of the debt-ridden assets.

The second round of auction is likely to be held on March 29, advocates privy to the matter told Business Standard.

Business Standard से और कहानियाँ

Business Standard

Increasing discomfort

AI and social media need new norms of regulation

time to read

2 mins

January 12, 2026

Business Standard

'India to manufacture 3 nm chips by 2032'

With several semiconductor (semicon) manufacturing plants set to begin commercial production this year and a major push planned under the IndiaAI Mission, Union Minister for Electronics and Information Technology Ashwini Vaishnaw outlines the government's strategy to position India as a key global player in an email interview with Surajeet Das Gupta.

time to read

3 mins

January 12, 2026

Business Standard

Petroleum product exports touched record high in 2025

This despite West sanctions on Russian oil and Suez Canal hurdles

time to read

2 mins

January 12, 2026

Business Standard

‘Sovereign AI a national goal for India’

FROM PAGE 1

time to read

2 mins

January 12, 2026

Business Standard

Google guys say bye to California as state weighs one-time billionaire wealth tax

Larry Page and Sergey Brin, two Stanford University graduate students, created the search engine in 1998 and built the startup out of a friend’s garage in Menlo Park, Calif.

time to read

2 mins

January 12, 2026

Business Standard

CII wants Centre to fast-track PSE privatisation

Amid global economic uncertainties and the need to sustain capital expenditure, the Confederation of Indian Industry (CII) has urged the Centre to fast-track privatisation of public-sector enterprises (PSEs) through a more predictable, investor-led and institutionally driven framework.

time to read

1 min

January 12, 2026

Business Standard

New tariff threat

Additional duties will increase risks for India

time to read

2 mins

January 12, 2026

Business Standard

Fearsome five headwinds

For a country facing multiple headwinds, India looks oddly relaxed.

time to read

4 mins

January 12, 2026

Business Standard

Sweeping changes in the offing

Mint Road as well as North Block may move to finetune regulations for Viksit Bharat 2047, reports Raghu Mohan

time to read

7 mins

January 12, 2026

Business Standard

Business Standard

US withdrawal a setback for global efforts: ReNew CEO

ReNew Chairman and Chief Executive Officer Sumant Sinha says he believes the latest US withdrawal from global organisations working to address climate change is a setback.

time to read

4 mins

January 12, 2026

Translate

Share

-
+

Change font size