• Tag results for NCLT

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

Binani Cement RP moves NCLT alleging fraudulent transactions

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.

published on : 22nd March 2018

Sebi plans amending norms for companies undergoing insolvency proceedings

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.

published on : 21st March 2018

PNB fraud: NCLT bars 64 firms including Nirav Modi's companies from selling assets

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.

published on : 5th March 2018

Aircel files for bankruptcy; cites intense competition, unsustainable debt

Telecom operator Aircel today said it has filed for bankruptcy as the company has been facing "troubled times" in "highly financially stressed" industry.

published on : 28th February 2018

Can NCLT adjudicate on removal of board chairman, asks Tata lawyer

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".

published on : 3rd February 2018

NCLT directs McDonald's to reply show cause notice for contempt

A two-member bench of the NCLT headed by its President Justice M M kumar listed the matter for hearing on February 7, 2018.

published on : 22nd January 2018

NCLT approves Vodafone India-Idea Cellular merger: Here is all you need to know about the deal 

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.

published on : 12th January 2018

NCLT gives approval for Idea-Vodafone merger

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.

published on : 12th January 2018

NCLT pronounce liquidation of Gujarat NRE Coke under sec 14 of Insolvency and Bankruptcy Code

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.

published on : 12th January 2018
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