National Company Law Tribunal

Jet Airways' creditors decide to seek fresh bids

Once a storied full-service carrier, Jet Airways stopped flying in April after it ran out of money for daily operations.

published on : 23rd December 2019

Dugar to face insolvency process

Originally, the corporate insolvency and resolution (CIR) process was initiated against Dugar Housing, the corporate debtor, at the instance of Prism Johnson, operational creditor.

published on : 16th December 2019

Chandrababu Naidu's close aide fails to repay loans, files insolvency petition

Lingamaneni Ramesh was recently in the news after he received notices for the demolition of the alleged illegal structures built by him in the 'karakatta' of river Krishna.

published on : 18th November 2019

NCLT asks SBI not to sell bankrupt Videocon's overseas oil and gas assets

'SBI is hereby prohibited to go ahead with the advertisement and is directed to maintain the status quo till the decision is pronounced on merits,' the NCLT said.

published on : 9th September 2019

Housing giant HDIL files for insolvency 

However, HDIL intends to appeal the NCLT’s order kickstarting the resolution process under the Insolvency and Bankruptcy Code. 

published on : 1st September 2019

Ex-IL&FS auditors Deloitte and BSR Associates again question NLCT jurisdiction to ban them

Deloitte Haskins & Sells and BSR Associates, which is an affiliate of KPMG, are no longer the auditors of the crippled IL&FS group, with the former resigning in FY18.

published on : 20th July 2019

Supreme Court to hear tomorrow appeal of Unitech against National Company Law Tribunal order

The NCLT has recently invoked the provisions of the Companies Act and allowed the central government to take over the Unitech Limited and appoint its nominee directors in the Board of the firm.

published on : 11th December 2017