IL&FS To Run Gurgaon Metro Till September 17: High Court
Business | Press Trust of India | Monday September 9, 2019
The IL&FS is now facing bankruptcy proceedings in the National Company Law Appellate Tribunal, putting the rail service at risk of closure.
IL&FS Seeks Tribunal Approval For Sale Of Wind Energy Arm
Business | Indo-Asian News Service | Sunday August 11, 2019
IL&FS had already received approval earlier last month for the sale of its wind energy business from Justice (Retired) DK Jain, appointed by the National Company Law Appellate Tribunal (NCLAT) to supervise the operation of the debt resolution process of the IL&FS group companies.
Tribunal Rejects Deloitte, KPMG Arm's No-Jurisdiction Plea
Business | Thomson Reuters | Friday August 9, 2019
Deloitte said it will review the order issued by the National Company Law Tribunal (NCLT) and decide on a course of action shortly.
Lok Sabha Passes Companies (Amendment) Bill
India News | Press Trust of India | Friday July 26, 2019
Lok Sabha today gave its nod to the Companies (Amendment) Bill which seeks to tighten corporate social responsibility compliance and reduce the load of cases on the National Company Law Tribunal (NCLT).
Lenders To Begin Insolvency Proceedings Against Jet Airways
Business | ANI | Tuesday June 18, 2019
National Company Law Tribunal (NCLT) could hear insolvency petitions filed by the airline's operational creditors for recovery of dues on June 20.
Two Operational Creditors Take Jet Airways To Company Law Tribunal
Business | Press Trust of India | Monday June 10, 2019
The development comes at a time when banks are looking to resolve the once premier airline's debt issues outside the insolvency process
Tribunal Clears Bharti Infratel, Indus Towers Merger
Business | Indo-Asian News Service | Sunday June 2, 2019
The Chandigarh bench of National Company Law Tribunal approved the proposed merger of telecom infrastructure companies
Essar Steel Promoter Moves Tribunal Against ArcelorMittal Bid
Business | Indo-Asian News Service | Tuesday May 7, 2019
Essar Steel's majority shareholder Essar Steel Asia Holdings (ESAHL) on Tuesday moved the National Company Law Appellate Tribunal (NCLAT) seeking the rejection of ArcelorMittal's bid to buy out the company.
Bankruptcy Court Clears ArcelorMittal's Takeover Of Essar Steel
Business | Thomson Reuters | Friday March 8, 2019
ArcelorMittal confirmed the National Company Law Tribunal (NCLT) had approved the takeover of the 10 million tonne steel plant of Essar Steel by itself and Japan's Nippon Steel & Sumitomo Metal Corp, paving the way for the first major foreign participation in India's steel sector.
Reliance Communications Moves Appellate Court to Withdraw Ericsson Appeal
Reuters | Tuesday February 5, 2019
RCom said on Friday it will seek fast-track resolution of its debt through the National Company Law Tribunal (NCLT), the country's court that deals with bankruptcy cases.
Online Sellers To Contest Fair Trade Regulator's Ruling On Flipkart
Business | Thomson Reuters | Saturday January 12, 2019
All India Online Vendors Association (AIOVA), which represents more than 3,500 online sellers, had complained that Flipkart was using its dominant position to favour select sellers.
Arun Jaitley Says 70,000-Crores Bad Loan Recovery Likely By March-End: 10 Points
Business | NDTV Profit Team | Thursday January 3, 2019
Finance Minister Arun Jaitley said on Thursday that commercial banks were likely to recover Rs 70,000 crore of bad loans by the end of March, helped by resolution of 12 large cases. Some of the big cases, such as Bhushan Power and Steel, and Essar Steel India are in advanced stages of resolution, the finance minister said, adding that they are like...
Cabinet Clears Public Offer Plans Of 7 State-Run Companies
Business | NDTV Profit Team | Friday December 28, 2018
Giving details of the 7 PSU companies, Law Minister Ravi Shankar Prasad said the companies will raise funds via initial public offer (IPO) or follow-on public offer (FPO) routes.
IL&FS Initiates Process To Sell Renewable Energy Business
Business | Indo-Asian News Service | Thursday November 29, 2018
Debt-laden Infrastructure Leasing & Financial Services will invite Expression of Interest proposals from prospective buyers.
Surpreme Court Rejects Petition By Dalmia Group On Bid For Binani Cement
India News | Press Trust of India | Tuesday November 20, 2018
The Supreme Court on Monday dismissed the plea of a Dalmia Bharat Group firm challenging the National Company Law Appellate Tribunal (NCLAT) order allowing rival UltraTech Cement to acquire debt-ridden Binani Cement.
IL&FS To Run Gurgaon Metro Till September 17: High Court
Business | Press Trust of India | Monday September 9, 2019
The IL&FS is now facing bankruptcy proceedings in the National Company Law Appellate Tribunal, putting the rail service at risk of closure.
IL&FS Seeks Tribunal Approval For Sale Of Wind Energy Arm
Business | Indo-Asian News Service | Sunday August 11, 2019
IL&FS had already received approval earlier last month for the sale of its wind energy business from Justice (Retired) DK Jain, appointed by the National Company Law Appellate Tribunal (NCLAT) to supervise the operation of the debt resolution process of the IL&FS group companies.
Tribunal Rejects Deloitte, KPMG Arm's No-Jurisdiction Plea
Business | Thomson Reuters | Friday August 9, 2019
Deloitte said it will review the order issued by the National Company Law Tribunal (NCLT) and decide on a course of action shortly.
Lok Sabha Passes Companies (Amendment) Bill
India News | Press Trust of India | Friday July 26, 2019
Lok Sabha today gave its nod to the Companies (Amendment) Bill which seeks to tighten corporate social responsibility compliance and reduce the load of cases on the National Company Law Tribunal (NCLT).
Lenders To Begin Insolvency Proceedings Against Jet Airways
Business | ANI | Tuesday June 18, 2019
National Company Law Tribunal (NCLT) could hear insolvency petitions filed by the airline's operational creditors for recovery of dues on June 20.
Two Operational Creditors Take Jet Airways To Company Law Tribunal
Business | Press Trust of India | Monday June 10, 2019
The development comes at a time when banks are looking to resolve the once premier airline's debt issues outside the insolvency process
Tribunal Clears Bharti Infratel, Indus Towers Merger
Business | Indo-Asian News Service | Sunday June 2, 2019
The Chandigarh bench of National Company Law Tribunal approved the proposed merger of telecom infrastructure companies
Essar Steel Promoter Moves Tribunal Against ArcelorMittal Bid
Business | Indo-Asian News Service | Tuesday May 7, 2019
Essar Steel's majority shareholder Essar Steel Asia Holdings (ESAHL) on Tuesday moved the National Company Law Appellate Tribunal (NCLAT) seeking the rejection of ArcelorMittal's bid to buy out the company.
Bankruptcy Court Clears ArcelorMittal's Takeover Of Essar Steel
Business | Thomson Reuters | Friday March 8, 2019
ArcelorMittal confirmed the National Company Law Tribunal (NCLT) had approved the takeover of the 10 million tonne steel plant of Essar Steel by itself and Japan's Nippon Steel & Sumitomo Metal Corp, paving the way for the first major foreign participation in India's steel sector.
Reliance Communications Moves Appellate Court to Withdraw Ericsson Appeal
Reuters | Tuesday February 5, 2019
RCom said on Friday it will seek fast-track resolution of its debt through the National Company Law Tribunal (NCLT), the country's court that deals with bankruptcy cases.
Online Sellers To Contest Fair Trade Regulator's Ruling On Flipkart
Business | Thomson Reuters | Saturday January 12, 2019
All India Online Vendors Association (AIOVA), which represents more than 3,500 online sellers, had complained that Flipkart was using its dominant position to favour select sellers.
Arun Jaitley Says 70,000-Crores Bad Loan Recovery Likely By March-End: 10 Points
Business | NDTV Profit Team | Thursday January 3, 2019
Finance Minister Arun Jaitley said on Thursday that commercial banks were likely to recover Rs 70,000 crore of bad loans by the end of March, helped by resolution of 12 large cases. Some of the big cases, such as Bhushan Power and Steel, and Essar Steel India are in advanced stages of resolution, the finance minister said, adding that they are like...
Cabinet Clears Public Offer Plans Of 7 State-Run Companies
Business | NDTV Profit Team | Friday December 28, 2018
Giving details of the 7 PSU companies, Law Minister Ravi Shankar Prasad said the companies will raise funds via initial public offer (IPO) or follow-on public offer (FPO) routes.
IL&FS Initiates Process To Sell Renewable Energy Business
Business | Indo-Asian News Service | Thursday November 29, 2018
Debt-laden Infrastructure Leasing & Financial Services will invite Expression of Interest proposals from prospective buyers.
Surpreme Court Rejects Petition By Dalmia Group On Bid For Binani Cement
India News | Press Trust of India | Tuesday November 20, 2018
The Supreme Court on Monday dismissed the plea of a Dalmia Bharat Group firm challenging the National Company Law Appellate Tribunal (NCLAT) order allowing rival UltraTech Cement to acquire debt-ridden Binani Cement.
................................ Advertisement ................................
................................ Advertisement ................................
