NCLAT

SBI chief: Keep off cos under IBC, go after promoters

SBI chief: Keep off cos under IBC, go after promoters

Speaking a day after NCLAT asked the ED to release the attached properties of Bhushan Power & Steel which is being taken over by JSW Steel

NCLAT asks ED to release BSPL assets, stays Rs 19,700-cr sale to JSW Steel

NCLAT asks ED to release BSPL assets, stays Rs 19,700-cr sale to JSW Steel

New Delhi: The National Company Law Appellate Tribunal (NCLAT) on Monday asked the Enforcement Directorate (ED) to release the attached p...Read More

NCLAT orders review of McD’s-Vikram Bakshi settlement

NCLAT orders review of McD’s-Vikram Bakshi settlement

The appellate tribunal said the settlement reached between McDonald's and Vikram Bakshi was "prima facie" violation of Debt Recovery Trib...Read More

‘Approach NCLT for Rs 577 crore refund from Ericsson’

‘Approach NCLT for Rs 577 crore refund from Ericsson’

Reliance Communications is presently going through the Corporate Insolvency Resolution Process under the supervision of the Mumbai-bench ...Read More

JSW Steel moves NCLAT for immunity

JSW Steel moves NCLAT for immunity

The Jindal group firm is seeking immunity as the Delhi High Court in a recent ruling said that money laundering laws prevails over the In...Read More

NCLAT upholds NCLT order to initiate insolvency against Aditya Estates

NCLAT upholds NCLT order to initiate insolvency against Aditya Estates

New Delhi: The National Company Law Appellate Tribunal (NCLAT) has dismissed a plea challenging NCLT's order to initiate insolvency proce...Read More

NCLAT asks Jet Airways lenders if they would cooperate with Dutch court administrator

NCLAT asks Jet Airways lenders if they would cooperate with Dutch court administrator

The appellate tribunal has asked the CoC to inform whether they are ready to pay fees and bear costs incurred by the Dutch administrator

NCLAT's Essar Steel order is not applicable to Ruchi Soya: Lenders

NCLAT's Essar Steel order is not applicable to Ruchi Soya: Lenders

The counsel for the committee of creditors (CoC) of Ruchi Soya said the judgment will not apply to any matter.

‘Will pay lenders entire amount; complete pending projects in 3 years’

‘Will pay lenders entire amount; complete pending projects in 3 years’

Promoters of debt-ridden Jaypee Infratech on Monday proposed before the NCLAT that they will pay creditors entire outstanding amount with...Read More

SC's status quo on Essar Steel sale to ArcelorMittal

SC's status quo on Essar Steel sale to ArcelorMittal

The Supreme Court on Monday ruled status quo on the sale of Essar Steel to ArcelorMittal.

NCLAT to hear Dutch court administrator in Jet Airway insolvency case

NCLAT to hear Dutch court administrator in Jet Airway insolvency case

A three-member NCLAT bench headed by Chairman Justice S J Mukhopadhaya also asked the Dutch bankruptcy administrator to assist in the ins...Read More

Dutch bankruptcy administrator moves NCLAT on Jet Airways matter

Dutch bankruptcy administrator moves NCLAT on Jet Airways matter

Dutch insolvency court administrator has agreed before the NCLAT not to sell the confiscated assets of debt-ridden Jet Airways

NCLAT dismisses HDFC's insolvency plea against RHC Holding

NCLAT dismisses HDFC's insolvency plea against RHC Holding

Passing an order on December 6, 2018, the NCLT had observed that RHC Holding was a non-banking financial company and does not come under ...Read More

Tribunal reserves order on contempt plea against Anil Ambani

Tribunal reserves order on contempt plea against Anil Ambani

A two-member bench, headed by NCLAT Chairman Justice S J Mukhopadhaya, said it will decide whether the contempt petition filed by HSBC Da...Read More

Allahabad Bank chief Ch. S. S. Mallikarjuna Rao: Recovery of Rs 4,000 cr expected through NCLT route in FY 2019-20

Allahabad Bank chief Ch. S. S. Mallikarjuna Rao: Recovery of Rs 4,000 cr expected through NCLT route in FY 2019-20

The Fort office of Allahabad Bank is buzzing with people. While many have come to share their business proposals with Ch. S. S. Mallikarj...Read More

NCLAT refuses to stay voting by Jaypee Infra creditors’ panel

NCLAT refuses to stay voting by Jaypee Infra creditors’ panel

New Delhi: The NCLAT Tuesday refused to stay voting by the creditors’ panel of Jaypee Infratech on the revised offer of state-owned NBCC ...Read More

StanChart slams Essar CoC for holding ‘secret’ talks with ArcelorMittal

StanChart slams Essar CoC for holding ‘secret’ talks with ArcelorMittal

New Delhi: Standard Chartered Bank (StanChart) on Tuesday slammed Essar Steel’s Committee of Creditors (CoC) for holding “secret” negotia...Read More

NCLAT allows banks to declare defaulting ILFS accounts as NPAs

NCLAT allows banks to declare defaulting ILFS accounts as NPAs

New Delhi: The National Company Law Appellate Tribunal (NCLAT) on Thursday allowed the banks to declare as non-performing assets the acco...Read More

NCLAT seeks Anil Ambani’s reply on HSBC Daisy’s contempt plea over non-payment of dues

NCLAT seeks Anil Ambani’s reply on HSBC Daisy’s contempt plea over non-payment of dues

New Delhi: The NCLAT has sought a response from Reliance Group Chairman Anil Ambani within 10 days over a contempt plea filed against him...Read More

NPA recovery target in jeopardy on Essar Steel

NPA recovery target in jeopardy on Essar Steel

New Delhi: The delay in actual realisation from the resolution of the big-ticket cases like Essar Steel has put the NPAs, or bad loans, r...Read More

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