insolvency proceedings

Indian payments firm AGS Transact Technologies faces insolvency over alleged unpaid dues

AGS Transact defaulted on dues totalling 7.26 billion rupees Crisil downgraded stock on February 4, India Ratings on February 5 Shares slump 62.4% since ...

NCLT recalls insolvency order against Logix Infra, cites ’fraudulent and mala fide’ intentions

New Delhi, Feb 9 (PTI) In a rare move, NCLT has recalled and set aside its own order directing insolvency proceedings against realty firm ...