National Company Law Tribunal

Indore: UCO Bank to bring down net NPA to 6% by March 2020

Indore: UCO Bank to bring down net NPA to 6% by March 2020

Loan sanction and recovery are on priority

MCA considering additional powers to regional directors for speeding up M&As

MCA considering additional powers to regional directors for speeding up M&As

Sources say this move will reduce the burden of the NCLT, fast-track M&A process and result in speedy disposal of IBC cases.

National Company Law Tribunal echoes government’s decision to ban Deloitte, BSR

National Company Law Tribunal echoes government’s decision to ban Deloitte, BSR

In a major setback to the auditors, the National Company Law Tribunal (NCLT) on Friday rejected Deloitte's and BSR's applications challen...Read More

Finally, Patanjali gets control of Ruchi Soya for Rs 4,350 crore

Finally, Patanjali gets control of Ruchi Soya for Rs 4,350 crore

The National Company Law Tribunal (NCLT) Thursday approved yoga-exponent-Ram Dev-run Patanjali's revised Rs 4,350-crore bid to take over ...Read More

Order seeking 5-year ban on IFIN auditors reserved

Order seeking 5-year ban on IFIN auditors reserved

The National Company Law Tribunal (NCLT) Monday reserved its order in the ministry of corporate affairs (MCA) plea seeking five-year ban ...Read More

Jet Airways hits all-time low, stock plunges over 40 percent

Jet Airways hits all-time low, stock plunges over 40 percent

Investors said the stock has erased market cap of Rs 2,800 crore in the past six months

NCLT okays arm merger with Heinz India: Zydus Wellness

NCLT okays arm merger with Heinz India: Zydus Wellness

New Delhi: Consumer healthcare firm Zydus Wellness Friday said the National Company Law Tribunal (NCLT) has approved scheme of amalgamati...Read More

Tatas bring consumer business under one roof

Tatas bring consumer business under one roof

Mumbai: The boards of Tata Global Beverages Ltd (TGBL) and Tata Chemicals Ltd (TCL), at their respective meetings held on Wednesday, have...Read More

Reliance Communications’s bankruptcy begins

Reliance Communications’s bankruptcy begins

Mumbai: The National Company Law Tribunal (NCLT) Thursday allowed Reliance Communications (RCom) to exclude the 357 days spent in litigat...Read More

IL&FS debt of Rs 12,000 crore likely to be settled by July, says Injeti Srinivas

IL&FS debt of Rs 12,000 crore likely to be settled by July, says Injeti Srinivas

New Delhi: Corporate Affairs Secretary Injeti Srinivas on Wednesday said that Rs 12,000 crore-loan exposure of almost 55 green companies ...Read More

In Ruchi Soya bid, Patanjali gets more time for stake buy

In Ruchi Soya bid, Patanjali gets more time for stake buy

Mumbai: Patanjali Ayurved sought more time from the National Company Law Tribunal to file a detailed resolution plan for edible oil firm ...Read More

Sebi restrains Hotel Leelaventure from selling properties to Brookfield

Sebi restrains Hotel Leelaventure from selling properties to Brookfield

New Delhi: Cash-strapped Hotel Leelaventure on Wednesday said capital markets regulator Sebi has barred it from selling its four hotels a...Read More

NCLT grants more time to Hotel Leela, JM Financial

NCLT grants more time to Hotel Leela, JM Financial

Mumbai: The National Company Law Tribunal (NCLT) has granted time till May 28 to luxury hospitality chain Hotel Leelaventure and JM Finan...Read More

RBI may take accommodative stance in revised NPA circular

RBI may take accommodative stance in revised NPA circular

New Delhi: The RBI is likely to adopt a more accommodative approach towards resolution of stressed assets when it issues a revised circul...Read More

Sterling Biotech case: National Company Law Tribunal wraps the lenders

Sterling Biotech case: National Company Law Tribunal wraps the lenders

Mumbai: The National Company Law Tribunal (NCLT) in the Sterling Biotech case for the second time has questioned the motive of lenders, l...Read More

Government seeks immunity for directors of IL&FS arms

Government seeks immunity for directors of IL&FS arms

Mumbai: The government has filed an application with the National Company Law Tribunal (NCLT) seeking immunity for the newly-appointed di...Read More

NCLT receives 12,000 cases since inception

NCLT receives 12,000 cases since inception

New Delhi: As many as 12,000 cases have been filed since the implementation of the insolvency law and setting of National Company Law Tri...Read More

Resolutions of both Binani Cement and Essar Steel were within rules: IBBI

Resolutions of both Binani Cement and Essar Steel were within rules: IBBI

Kolkata: The Insolvency and Bankruptcy Board of India (IBBI) has said that it did not find any contradiction in approvals of resolution f...Read More

SBI mulls moving NCLT to recover Jet Airways dues

SBI mulls moving NCLT to recover Jet Airways dues

New Delhi: In a bid to recover its loans from Jet Airways, state-run lender SBI is mulling moving National Company Law Tribunal as it fee...Read More

As all revival options fail, NCLT orders liquidation of Reid & Taylor

As all revival options fail, NCLT orders liquidation of Reid & Taylor

Mumbai: The National Company Law Tribunal (NCLT) Mumbai on Tuesday ordered the liquidation of the debt-hit fashion textile major Reid &am...Read More

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