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Total 1629 results found. Search for
[ National Company Law Tribunal ]
Results 1 to 21 of 1629
DHFL bidding: CoC declares Piramal as successful bidder
BusinessToday.In
January 22, 2021
Billionaire Ajay Piramal's Piramal Group has emerged as the preferred bidder for debt-laden mortgage lender DHFL
SEBI approves Reliance-Future deal, BSE grants 'no-adverse-observation' status
PTI
January 21, 2021
The Securities and Exchange Board of India allowed the deal with some riders, five months after it was announced last August
NCLT allows former Omaxe promoter's petition against forced eviction from board
Dipak Mondal
January 19, 2021
Sunil Goel has alleged that though he was a part of the executive committee, he was not allowed to attend the company's Annual General Meeting wherein resolution to raise Rs 250 crore loan was approved
Emaar alleges 'fraud'; issues warning against ex-partner MGF
BusinessToday.In
January 19, 2021
Both companies said their joint venture Emaar MGF Land is going through insolvency proceedings at NCLT. Its outcome is going to have a direct bearing on land concerned
Emaar alleges 'fraud'; issues warning against ex-partner MGF
BusinessToday.In
January 19, 2021
Both companies said their joint venture Emaar MGF Land is going through insolvency proceedings at NCLT. Its outcome is going to have a direct bearing on land concerned
DHFL lenders approve Piramal bid for resolution plan
BusinessToday.In
January 17, 2021
DHFL was the first finance company to be referred to NCLT for insolvency proceedings. Before that, the company's board was superseded and R Subramaniakumar was appointed as the administrator
DHFL resolution: Lenders back Piramal's bid
PTI
January 16, 2021
Piramal Enterprises' bid received 94 per cent votes as compared to 45 per cent for the US-based Oaktree Capital
Real estate cases under IBC make encouraging progress, 50% closed by Jul-Sep'20
Niti Kiran
January 7, 2021
The enactment of the Insolvency and Bankruptcy Code in 2016, (IBC) along with RERA ushered in a new era of regulation for the Indian real estate sector. Both these reforms strengthened the hand of homebuyers, giving them alternate forums to get justice
Fresh IBC suspension due to COVID-19 may put brakes on stressed asset resolution
PTI
December 31, 2020
To provide relief for entities impacted by the pandemic, the government has suspended fresh proceedings under the Insolvency and Bankruptcy Code (IBC) starting from March 25
Anil Ambani-led RCom Group owes around Rs 26,000 cr to Indian banks, financial institutions
PTI
December 30, 2020
The creditors have submitted claims of around Rs 49,000 crore on RCom, Rs 24,000 crore on Reliance Telecom and Rs 12,600 crore on Reliance Infratel before the National Company Law Tribunal (NCLT)
CBI books Hyderabad-based firm for alleged bank fraud of Rs 7,926 crore
BusinessToday.In
December 19, 2020
The country's premier investigation agency has named Transstroy, its chairman-cum-managing director Cherukuri Sridhar and additional directors Rayapati Sambasiva Rao and Akkineni Satish in the FIR and alleged that loans were misappropriated by the directors
SC reserves verdict on NCLAT restoring Cyrus Mistry as Tata Sons' executive chairman
PTI
December 17, 2020
A bench comprising Chief Justice S A Bobde and Justices A S Bopanna and V Ramasubramanian asked the parties to file compiled written submissions and subject index in the matter
Tata Vs Mistry: Will Supreme Court bring clarity in Tata Sons valuation?
Nevin John
December 11, 2020
A major issue is whether both parties will agree for an independent valuation of assets under monitoring of Supreme Court or not. Experts say it will be difficult for both to agree for an outside evaluator as it will force them to accept even an unfavourable valuation
Videocon's Dhoot offers to settle Rs 31,289 crore debt; creditors say 10-15 years plan no good
Dipak Mondal
December 9, 2020
In an interaction with Business Today, Venugopal Dhoot says that they plan to raise the money from monetisation of assets, affordable housing, consumer electronics and home appliances business
Hungry for Stressed Assets
Dipak Mondal
New Delhi, December 9, 2020
Private equity and stressed asset funds continue to show interest in acquiring value assets undergoing insolvency proceedings despite delays and litigation
Mistry family's 18.37% stake worth Rs 80,000 cr: Tata Sons tells SC
BusinessToday.In
December 8, 2020
In its petition to the apex court, the SP Group on October 29 had submitted to end its seven-decade-old ties with the Tata Group and has quoted Rs 1.75 lakh crore as the value of their 18.37 per cent stake in Tata Sons
85% drop in insolvency cases in September quarter
Niti Kiran
December 3, 2020
With this, the September quarter witnessed a drop of around 85 per cent compared with the previous year, said a CARE Ratings report. This can be attributed to the suspension of fresh bankruptcy proceedings for COVID-19 defaults
SC stays NCLAT order seeking CCI probe against Flipkart
PTI
December 3, 2020
A three-judge bench of SC, which initially was of the view to send back the matter to NCLAT after setting aside March 4 order and decision on all aspects including the issue of dominant position being enjoyed by Flipkart, later stayed appellate tribunal's decision
Stocks in news: Wipro, Trident, Airtel, M&M, Ceat, MCX, Sun Pharma
BusinessToday.In
December 3, 2020
Stocks to watch today on December 3: Wipro, Trident, Airtel, M&M, Ceat, MCX, Sun Pharma among others are the top stocks to watch out for in Thursday's trading session
IL&FS gets nod to sell Jorabat Shillong Expressway to Sekura Roads
PTI
December 1, 2020
The proceeds of the sale of this asset would be distributed in accordance with the resolution framework approved by the NCLT
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