NCLT

Suzlon Energy dives by 9% even as company denies reports of filing for bankruptcy

Suzlon Energy dives by 9% even as company denies reports of filing for bankruptcy

Mumbai: Troubled renewable energy solutions provider Suzlon on Monday denied reports suggesting that it has filed for bankruptcy and will...Read More

NCLT approves merger of Monsanto India with Bayer CropScience

NCLT approves merger of Monsanto India with Bayer CropScience

German chemical and pharma major Bayer AG has said that the National Company Law Tribunal (NCLT) approved the merger plan of its subsidia...Read More

Govt ask banks to refer cases to NCLT only as last resort

Govt ask banks to refer cases to NCLT only as last resort

Mumbai: The government on Wednesday asked banks to put in all efforts to resolve bad loans themselves and approach National Company Law T...Read More

Overseas assets of Videocon not to be sold: NCLT

Overseas assets of Videocon not to be sold: NCLT

Asking for maintaining the status quo, the NCLT said if SBI is allowed to execute the sale as advertised, the Videocon Group

Insolvency proceedings start v/s Raheja Builders

Insolvency proceedings start v/s Raheja Builders

The NCLT admitted and initiated the insolvency proceedings following a plea by one of the flat buyers last month.

Patanjali to infuse Rs 3,438 crore in Ruchi Soya

Patanjali to infuse Rs 3,438 crore in Ruchi Soya

Ruchi Soya informed the exchanges that the National Company Law Tribunal (NCLT), Mumbai in its order dated September 6 approved Patanjali...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

JSW gets NCLT nod to acquire Bhushan  for Rs 19,700 crore

JSW gets NCLT nod to acquire Bhushan for Rs 19,700 crore

New Delhi: Billionaire Sajjan Jindal-led JSW Steel Ltd on Thursday won a bankruptcy court nod for a Rs 19,700-crore takeover of Bhushan P...Read More

NCLT approves JSW Steel's Rs 19,700 crore bid for Bhushan Power & Steel

NCLT approves JSW Steel's Rs 19,700 crore bid for Bhushan Power & Steel

New Delhi: The National Company Law Tribunal (NCLT) on Thursday approved the JSW Steel's Rs 19,700 crore resolution plan for debt-ridden ...Read More

IL&FS case: Proceedings v/s BSR stayed

IL&FS case: Proceedings v/s BSR stayed

BSR had moved the court challenging the validity of the central government's plea before the NCLT seeking a ban on the audit firm for fiv...Read More

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.

Allahabad Bank MD and CEO Ch S S Mallikarjuna Rao: NBFCs hurt by asset-liabilities mismatch

Allahabad Bank MD and CEO Ch S S Mallikarjuna Rao: NBFCs hurt by asset-liabilities mismatch

A few days ago, Ch S S Mallikarjuna Rao, MD and CEO, Allahabad Bank, was in Mumbai to participate in the two-day consultative discussion....Read More

IL&FS cuts about 50 per cent staff since October for cost-cutting

IL&FS cuts about 50 per cent staff since October for cost-cutting

The crisis-ridden IL&FS Group has either laid off or separated 43% employees as a cost cutting measure since its new board was appointed ...Read More

IL&FS seeks NCLT approval for wind energy arm sale

IL&FS seeks NCLT approval for wind energy arm sale

Crisis-ridden IL&FS has filed a proposal to the National Company law Tribunal (NCLT) to complete the sale of its arm IL&FS Wind Energy Lt...Read More

Lenders plan to call bids for Jet Airway's asset sale by Saturday

Lenders plan to call bids for Jet Airway's asset sale by Saturday

The airline's meager assets include 14 aircraft including 10 Boeing planes--down from 124 before the grounding--and 49 percent stake in J...Read More

Will not back out from buying Bhushan Power: JSW tells NCLT

Will not back out from buying Bhushan Power: JSW tells NCLT

During the proceedings in NCLT, counsel appearing for JSW Steel informed the tribunal that it was anxious about the alleged fraud reports...Read More

HDFC wants NCLT to keep Jet Air Head quaters out of resolution plan

HDFC wants NCLT to keep Jet Air Head quaters out of resolution plan

The property in question is located at Bandra Kurla Complex in Mumbai and is spread across 52,700 sq ft

Two operational creditors take Jet Airways to NCLT

Two operational creditors take Jet Airways to NCLT

In a major setback to the lenders' revival/sale plan of the grounded Jet Airways, two operational creditors--Shaman Wheels and Gaggar Ent...Read More

Kwality insolvency: NCLT gives 90 days more time to complete CIRP

Kwality insolvency: NCLT gives 90 days more time to complete CIRP

Debt-ridden dairy firm Kwality on Thursday said the NCLT has given 90 days extension till September 7 to the company for completion of th...Read More

NCLT rejects insolvency plea against Hyderabad Ring Road Projects

NCLT rejects insolvency plea against Hyderabad Ring Road Projects

New Delhi: The National Company Law Tribunal (NCLT) has dismissed an insolvency plea filed by ICICI Bank against Hyderabad Ring Road Proj...Read More

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