State Bank of India

The Delhi High Court has issued a notice in a petition filed by Bhushan Power and Steel’s former chief, Sanjay Singhal, challenging the State Bank of India’s decision to invoke Singhal’s bank guarantee for not paying the company’s dues.

The Supreme Court today dismissed fugitive Indian liquor tycoon Vijay Mallya’s review petition against a May 2017 judgment of the apex court. That order had held him guilty of contempt of court for violating its orders and those of the Karnataka High Court.

New Delhi: The Enforcement Directorate (ED) has filed an appeal before the Supreme Court against the Bombay High Court’s order granting bail to the Wadhwan brothers in the multi-crore Yes Bank Fraud case.

The Delhi High Court today stayed the IBC process launched by SBI seeking enforcement of Rs 1,200 crore personal guarantee of Anil Ambani.

The Supreme Court today reserved its judgment in a review petition filed by fugitive Vijay Mallya against his conviction in a 2017 contempt of court case.

The National Company Law Tribunal (NCLT) has given permission to pursue bankruptcy proceedings against Anil Ambani. This order has come against him due to the State Bank of India (SBI) not being able to recover loans of Rs 1,200 crore.

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