Tag
Asset Reconstruction
5 articles
The asset reconstruction landscape in India is seeing increased activity, driven by ongoing legal proceedings and strategic investments. Authum Investment's ₹101.63 crore investment in its subsidiary, India SME ARC, underscores confidence in the sector's potential for resolving distressed assets, while also highlighting related-party transaction dynamics. Simultaneously, several cases involving asset reconstruction companies like Suraksha ARC, ACRE, and Omkara ARC are progressing through the NCLAT, indicating continued scrutiny and legal challenges within the insolvency resolution process. These developments suggest that asset reconstruction will remain a key area for resolving non-performing assets and potentially offer opportunities for investors, though navigating the complex legal and regulatory environment will be crucial.
Authum Invests ₹101.63 Cr in ISARC Rights Issue
Authum Investment & Infrastructure Ltd makes a ₹101.63 crore investment in its subsidiary India SME ARC via a rights issue.
The investment increases Authum's stake by subscribing to 40.65 crore new sh
NCLAT Adjourns Suraksha ARC Appeal to September 2026
NCLAT adjourned Suraksha ARC's appeal and linked contempt case to September 10, 2026 due to time constraints.
The matter involves Suraksha ARC as appellant against respondents including Sumit Binani a
Burnpur Cement Reappoints Pawan Pareek Whole Time Director
Burnpur Cement intimates reappointment of Pawan Pareek as Whole Time Director & CFO for 2 years effective 18-05-2026.
Reappointment approved by UV Asset Reconstruction Company under SARFAESI Act provi
NCLAT Lists Chandrakant Shah vs ACRE Appeal
NCLAT Principal Bench lists insolvency appeal for hearing on August 13, 2026.
Interim order previously granted in the matter is directed to continue until next hearing.
Appeal involves Chandrakant Hir
NCLAT Lists Omkara ARC vs Avenue 54 Appeal
NCLAT Principal Bench lists an appeal filed by Omkara Asset Reconstruction Company Ltd for hearing on August 19, 2026.
The appeal is against respondents Avenue 54 Welfare Association & Others, with Co