• Tag results for NCLT

SC asks NCLT to deal with insolvency proceedings against Jaypee group in 180 days

A bench headed by Chief Justice Dipak Misra said the limitation period of 180 days to conclude the insolvency proceedings will commence from today.

published on : 9th August 2018

'File all NCLT petitions on shell firms by August: CBDT to IT dept'

In several cases of such companies, petitions for restoration of registration are required to be filed before the NCLT so as to be able to pursue recovery of demands raised in their cases.

published on : 29th July 2018

National Company Law Appellate Tribunal gives stay order till July 16 to Gujarat NRE Coke Ltd

Gujarat NRE Coke had failed to get any suitor for resolution under the Insolvency and Bankruptcy Code (IBC) as an ongoing concern as no plan was accepted by its secured creditors.

published on : 15th July 2018

Tata Sons-Cyrus Mistry feud: NCLT says chairman doesn't enjoy a free hand; board not at his beck and call

After a four-month long hearing, a special bench of the NCLT, Mumbai had on July 9 dismissed all the petitions filed by Mistry and his family-run firms alleging oppression of minority shareholders.

published on : 12th July 2018

Shares of Tata group companies rise after NCLT ruling

The shares of Tata groups of companies ended in a positive note after National Company Law Tribunal dismissed Cyrus Mistry's pleas against Tata Sons.

published on : 9th July 2018

National Company Law Tribunal dismisses petition of former Tata Sons chairman Cyrus Mistry

The NCLT, a quasi-judicial body for corporate grievances, said it did not find any merit in allegations of mismanagement in Tata group companies.

published on : 9th July 2018

Tata Sons-Cyrus Mistry spat: NCLT defers verdict again

Last week, just ahead of the NCLT verdict, Mistry fired a fresh salvo at Tata Sons, questioning the rationale behind decisions like the sale of its telecom arm to Airtel.

published on : 5th July 2018

Pharma startup exempted from paying Rs 28 lakh

The National Company Law Tribunal has ruled that the Netmeds Marketplace is exempt from paying Rs 28.09 lakh to mobile advertising company AdiQuity Technologies for the downloads.

published on : 18th June 2018

Vedanta acquires management control of Electrosteel Steel

The company has acquired management control and as per the provision of the resolution plan and new board of directors has been put in the place.

published on : 5th June 2018

Aditya Birla Capital's 2 firms apply to NCLT for merger

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.

published on : 15th May 2018

Binani war to drag further, Dalmia Bharat may contest NCLT order 

The NCLT bench order said the UltraTech offer was Rs 1021.70 crore higher than of RPPL offer.

published on : 2nd May 2018

Videocon approaches NCLT to list all insolvency cases together

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.

published on : 25th April 2018

Bhushan Steel resolution professional rejects employees' claim over eligibility of Tata Steel 

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.

published on : 11th April 2018

Essar Steel: ArcelorMittal drags bankers' rejection to NCLT 

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.

published on : 26th March 2018

Tata Steel wins bid to acquire assets of Bhushan Steel

Tata Steel on Friday said it has emerged as the successful bidder to take over stressed assets of the debt-ridden Bhushan Steel Ltd.

published on : 24th March 2018
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