NCLT

DHFL administrator moves NCLT against Wadhawans in Rs 12,705-cr fraud

DHFL administrator moves NCLT against Wadhawans in Rs 12,705-cr fraud

In a regulatory filing, the bank said that the administrator has sought contribution from the promoters, developers and the assignees to ...Read More

24 firms' liquidation ordered by NCLT during April-June

24 firms' liquidation ordered by NCLT during April-June

Although fresh insolvency proceedings were suspended in May for a period of six months to help companies weather the coronavirus pandemic...Read More

NCLT approves striking off IL&FS entity IIPL Laos

NCLT approves striking off IL&FS entity IIPL Laos

IIPL Laos is an "offshore IL&FS entity" in the IL&FS group, which was incorporated on April 24, 2017 under the laws of Singapore for the ...Read More

DoT files affidavit in NCLT to exclude RCom, RTL spectrum from resolution plan

DoT files affidavit in NCLT to exclude RCom, RTL spectrum from resolution plan

The Department of Telecommunications (DoT) filed an affidavit detailing its objections, which said that spectrum cannot be sold under the...Read More

Initiate insolvency proceedings against Anil Ambani: NCLT tells SBI

Initiate insolvency proceedings against Anil Ambani: NCLT tells SBI

Anil Ambani had given a personal guarantee to the loans given by State Bank of India (SBI) to Reliance Communications and Reliance Infrat...Read More

NCLT approves IL&FS stake sale in GIFTCL to Gujarat govt

NCLT approves IL&FS stake sale in GIFTCL to Gujarat govt

The Gujarat government has agreed to pay a positive equity value of 100 per cent of the IL&FS stake in GIFTCL, by which, the positive equ...Read More

NCLT approves sale of IL&FS stake in GIFT City to Gujarat govt

NCLT approves sale of IL&FS stake in GIFT City to Gujarat govt

New Delhi: The National Company Law Tribunal (NCLT) has allowed the debt-ridden IL&FS to sell its 50 per cent stake in the GIFT Cit...Read More

Insolvency against Raheja Developers halted

Insolvency against Raheja Developers halted

The developer had moved the appellate tribunal after the National Company Law Tribunal (NCLT) held the company to be in default of its ob...Read More

NCLT warns Jet CoC of contempt proceedings

NCLT warns Jet CoC of contempt proceedings

New Delhi: The NCLT on Wednesday warned Jet Airways CoC of contempt proceedings if they do not release interim funds to the resolution pr...Read More

Air India employees to stall privatisation via NCLT or strike

Air India employees to stall privatisation via NCLT or strike

New Delhi: Fed up with the uncertainty over their own future tagged with the fate of Air India, airline employees are in the process to d...Read More

Jet Airways' creditors decide to seek fresh bids

Jet Airways' creditors decide to seek fresh bids

The Committee of Creditors (CoC) would seek fresh Expression of Interest (EoI), says the filing. Earlier this month, the National Company...Read More

Expedite decision on fresh EOIs: NCLT to Jet Airways lenders

Expedite decision on fresh EOIs: NCLT to Jet Airways lenders

"We direct the committee of creditors to take a decision to float expression of interest (EoIs). We direct them to expedite the process

‘NCLT not right forum for resolving stressed SMEs’

‘NCLT not right forum for resolving stressed SMEs’

Kumar said that the platform of the NCLT and the Insolvency and Bankruptcy Code

NCLT again seeks clarity on Jet slots from DGCA, ministry

NCLT again seeks clarity on Jet slots from DGCA, ministry

Mumbai: The National Company Law Tribunal on Wednesday once again directed the regulator Directorate General of Civil Aviation (DGCA) and...Read More

RBI retains advisory committee for Dewan Housing Fin administrator

RBI retains advisory committee for Dewan Housing Fin administrator

This comes after, the National Company Law Tribunal on Monday, admitted RBI's plea for initiation of corporate insolvency

NCLT admits RBI petition for DHFL bankruptcy proceedings

NCLT admits RBI petition for DHFL bankruptcy proceedings

The move came in after the Reserve Bank last Friday referred DHFL to the NCLT Mumbai to resolve the debt crisis at the third largest pure...Read More

IL&FS: NCLT threatens to get Axis Bank, StanC CEOs arrested

IL&FS: NCLT threatens to get Axis Bank, StanC CEOs arrested

An NCLT bench headed by Bhaskara Pantula Mohan issued the ultimatum while hearing a contempt petition

Corporate ministry moves NCLT to reopen CG Power books for FY15-19

Corporate ministry moves NCLT to reopen CG Power books for FY15-19

Alleging financial irregularities, the CG Power board had on August 30, 2019 in a mid-night drama removed the company promoter Gautam Thapar

ROC cannot strike off company when insolvency process is pending: NCLT

ROC cannot strike off company when insolvency process is pending: NCLT

The bench said so while deciding the appeal moved by the liquidator of a company against its name being struck off the register of compan...Read More

Karnataka HC stays NCLT order against Flipkart

Karnataka HC stays NCLT order against Flipkart

"Karnataka High Court has stayed the order of the NCLT in favour of Flipkart. This is an ongoing commercial litigation which we are chall...Read More

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