- Tag results for NCLT
The company said its move will enable integration of both the security and commodity broking into a single entity thereby facilitating ease of doing business.
The NCLT bench order said the UltraTech offer was Rs 1021.70 crore higher than of RPPL offer.
The principal bench of NCLT has directed the Videocon Industries to file an affidavit having details of its group companies and courts where insolvency matters are pending.
Counsel appearing for RP contended before the National Company Law Tribunal (NCLT) that Section 29 (A) of the IBC Code does not apply on Tata Steel.
ArcelorMittal has challenged the committee of creditors' last week decision to reject its bid for Essar Steel on technical grounds at the Ahmedabad bench of the NCLT.
Tata Steel on Friday said it has emerged as the successful bidder to take over stressed assets of the debt-ridden Bhushan Steel Ltd.
The insolvency and resolution process of Binani Cement Ltd, which evolved into a two-horse race, found itself in fresh legal trouble with the resolution professional and suppliers moving the NCLT.
Sebi plans to bring in additional disclosure requirements for listed corporates undergoing insolvency resolution process as well as amend norms pertaining to minimum public shareholding norms.
The NCLT has restrained over 60 companies, including those belonging to Rs 12,600-crore PNB fraud accused Nirav Modi and his uncle Mehul Choksi, from selling their assets.
Telecom operator Aircel today said it has filed for bankruptcy as the company has been facing "troubled times" in "highly financially stressed" industry.
Tata Sons today launched a frontal attack on its ousted former chairman Cyrus Mistry, saying after his removal from the group he behaved like a "Trojan Horse".
A two-member bench of the NCLT headed by its President Justice M M kumar listed the matter for hearing on February 7, 2018.
Together, they are expected to create an entity worth over USD 23 billion, which will become India’s largest telecom company with a 35 per cent market share.
Both the groups can go ahead for the final approval for merger from the Department of Telecom after Vodafone's appeal for the scheme also gets NCLT nod.
The company owed lenders around Rs 4,600 crore, and reported a loss of Rs 676 crore on a revenue of Rs 541 crore in 2016-17.