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2 mins read
NCLT grants 90 days extension to Future Retail for concluding insolvency
The NCLT has granted Future Retail Ltd (FRL) an extension of 90 days for concluding the Corporate I…
PTI
1 min read
SMBC Aviation Capital moves NCLAT challenging NCLT order allowing insolvency Go First
Aircraft lessor SMBC Aviation Capital Ltd on Wednesday moved the appellate tribunal NCLAT against t…
PTI
4 mins read
Possibility of rival bids for Go Airlines? It is a hypothetical question: says CEO Kaushik Khona
Even though the Wadia group has approached the National Company Law Tribunal (NCLT) voluntarily to …
2 mins read
NCLT to hear insolvency proceedings plea filed against SpiceJet next week
Aircraft lessor Aircastle (Ireland) Ltd has filed the petition against SpiceJet for initiating inso…
PTI
1 min read
NCLAT stays NCLT directive to make MCA party to all insolvency cases
New Delhi, Dec 10 () The National Company Law Appellate Tribunal (NCLAT) on Tuesday stayed an order…
PTI
1 min read
NCLT rules out Cyrus Mistry's petition against Tata Sons
Whether or not the requirement can be waived will be decided on 7th March. In case NCLT waives the …
1 min read
Chandigarh NCLT nod for HUL, GlaxoSmithKline Consumer Healthcare merger deal
On December 3, 2018, Anglo-Dutch FMCG giant Unilever had announced the acquisition of health food …
PTI
1 min read
NCLT admits Go First's plea to initiate insolvency resolution
The National Company Law Tribunal (NCLT) on Wednesday admitted Go First's voluntary plea to initiat…
PTI
2 mins read
Chronology of events in Tata-Mistry fight before NCLT, NCLAT
New Delhi, Dec 18 () The NCLAT on Wednesday Tata Sons chairman Cyrus Mistry's plea challenging his …
PTI
1 min read
Reliance Infratel resolution plan approved by NCLT Mumbai – Jio to pick up the tower unit
The resolution Plan was approved by 100% of COC. According to the approved plan, RCom…
3 mins read
Rs 750 cr paid by JAL was towards obligation of Jaypee Infratech: NCLT
"As long as the Supreme Court has not stated that this money has to be returned to JAL, it has to b…
PTI
1 min read
Govt moves NCLAT against NCLT directive to make MCA party in all insolvency cases
New Delhi, Dec 5 () The government has moved the National Company Law Appellate Tribunal (NCLAT) ag…
PTI
1 min read
NCLAT asks NCLT to decide on liquidation of Lakshmi Cotsyn within 10 days
"Having regard to the object of the statute and to protect the interests of all stakeholders, we r…
PTI
1 min read
NCLT approves ArcelorMittal's Rs 2,360 cr bid for Odisha Slurry Pipeline
Commenting on the development, an ArcelorMittal spokesperson in a statement said: "We welcome toda…
PTI
2 mins read
A new ruling on forensic audits just gave banks more power to corner stubborn borrowers
In doing so, the NCLT established a significant precedent for future cases: a 51% vote by a comp…