Corporate Insolvency Resolution Process. (“Resolution Applicant”) under Section 31 of the Insolvency and Bankruptcy Code, 2016. (“Code”) in the matter of corporate insolvency resolution process (“CIRP”) of Future Supply.
Once an insolvency process is admitted, control of the company passes from the board to a resolution professional and equity ranks last in any recovery.
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Fact
Admission or rejection of the application by the tribunal
The National Stock Exchange of India Limited. In the Interim Resolution Professional (IRP) convened meeting held today i.e., Monday. Financial Result along with Limited Review Report of Auditors thereon are attached herewith.
Why it matters
CapitSignal interpretation
Once an insolvency process is admitted, control of the company passes from the board to a resolution professional and equity ranks last in any recovery.
Watch next
Fact
Admission or rejection of the application by the tribunal
Amalgamation/Merger. Sub.: Update on merger of wholly-owned step down subsidiaries of the. regarding the proposed merger of Endurance Engineering S.r.l, Italy and Endurance.
Why it matters
CapitSignal interpretation
A merger fixes a share-exchange ratio, which permanently sets how much of the combined company existing holders own.
Existing holders can maintain their stake only by putting in more money; those who do not subscribe are diluted.
What happened
Fact
Disclosure of material issue. Shares") for an amount not exceeding Rs.50 Crore (Rupees Fifty Crores) by way of Rights Issue to. the Rights Issue, including but not limited to the determination of the issue price, rights.
Once an insolvency process is admitted, control of the company passes from the board to a resolution professional and equity ranks last in any recovery.
What happened
Fact
Corporate Insolvency Resolution Process. (“Resolution Applicant”) under Section 31 of the Insolvency and Bankruptcy Code, 2016. (“Code”) in the matter of corporate insolvency resolution process (“CIRP”) of Future Supply.
Once an insolvency process is admitted, control of the company passes from the board to a resolution professional and equity ranks last in any recovery.
What happened
Fact
The National Stock Exchange of India Limited. In the Interim Resolution Professional (IRP) convened meeting held today i.e., Monday. Financial Result along with Limited Review Report of Auditors thereon are attached herewith.
Update 2 of 5 in a matter ongoing since Procedural
Distressinsolvency
Why it matters
CapitSignal interpretation
Once an insolvency process is admitted, control of the company passes from the board to a resolution professional and equity ranks last in any recovery.
What happened
Fact
Corporate Insolvency Resolution Process. Meeting of Committee of Creditors (“CoC”) of CMI Limited. Limited, the Corporate Debtor is scheduled on Tuesday, 30th December, 2025.
An order converts to revenue over its execution period, so its size relative to existing revenue decides whether it changes the trajectory or is routine flow.
What happened
Fact
Bagging/Receiving of orders/contracts. (MMRDA) worth Rs. 34.86 Crores including GST. Mumbai Metropolitan Region Development Authority (MMRDA) valued at Rs. 34.86 Crores.
A merger fixes a share-exchange ratio, which permanently sets how much of the combined company existing holders own.
What happened
Fact
Amalgamation/Merger. Sub.: Update on merger of wholly-owned step down subsidiaries of the. regarding the proposed merger of Endurance Engineering S.r.l, Italy and Endurance.
