Vedanta's Resolution Plan For Electrosteel Gets NCLT Nod
Business | Indo-Asian News Service | Tuesday April 17, 2018
The total admitted financial debt of the corporate debtor, Electrosteel Steels, was Rs 13,395 crore.
RCom Sale Of Tower, Fibre Business Gets Tribunal's Nod
Business | Thomson Reuters | Friday April 6, 2018
Proceeds of the sale will be deposited with state-run State Bank of India in an escrow account, RCom said.
Bhushan Steel Acquisition: Tata Steel Emerges As Successful Resolution Applicant
Business | NDTV Profit Team | Saturday March 24, 2018
Tata Steel and JSW Steel Ltd were the two primary industry bidders for the acquisition of Bhushan Steel.
Court Bars Reliance Communications From Selling Assets
Business | Thomson Reuters | Tuesday March 6, 2018
RCom owed banks Rs 45,516 crores as of March 2017 when it last made public its debt numbers, and more to vendors.
PNB's Fraud Case: NCLT Bars Over 60 firms From Selling Assets
Business | Indo-Asian News Service | Monday March 5, 2018
The NCLT has granted an injunction against the specified entities from "removal, transfer or disposal of funds, assets and properties" till further orders, the announcement said.
Mobile Operator Aircel Files For Bankruptcy
India News | NDTV News Desk | Thursday March 1, 2018
Billionaire T Ananda Krishnan's Aircel has filed for bankruptcy in the Mumbai branch of National Company Law Tribunal (NCLT), the bankruptcy and insolvency resolution court.
Bhushan Steel Shares Zoom 20% On Tata Steel, JSW Steel Takeover Bids
Business | NDTV Profit Team | Monday February 19, 2018
Bhushan Steel informs in a stock market filing that the company received resolution plans from Tata Steel, JSW Living Private and Employees of Bhushan Steel.
Idea Gets NCLT Nod for Merger With Vodafone
Press Trust of India | Friday January 12, 2018
Idea and Vodafone can go ahead for the final approval for merger from the Department of Telecom after the latter's appeal for the scheme also gets NCLT nod.
Idea-Vodafone Deal: NCLT Gives Nod To The $23 Billion Merger
Business | NDTV Profit Team | Friday January 12, 2018
As the NCLT approval has come, Vodafone and Idea Cellular are free to approach the department of telecom for the final approval
Cyrus Mistry Seeks Safeguards For Minority Shareholders In Tata Group
India News | Edited By Debanish Achom | Tuesday January 9, 2018
Safeguards should be built within the Tata group to protect the interests of minority shareholders, the counsel of former Tata Sons Ltd chairman Cyrus Mistry told the National Company Law Tribunal or NCLT on Monday
Jaypee Group Targets Delivery Of 5,000 Flats By June
Business | NDTV Profit Team | Friday January 5, 2018
Jaypee group needs Rs 8,000 crore to complete incomplete flats, of which Rs 6,000 crore would come from home buyers while another Rs 2,000-2,500 crore needs to be infused
NCLT Adjourns Case Against Unitech, Shares Rally
Business | Indo-Asian News Service | Wednesday December 20, 2017
NCLT had suspended all the eight directors of Unitech over allegations of mismanagement
HDFC Sells Unitech Shares, Invokes 8.2 Crore Pledged Shares
Business | Press Trust of India | Thursday December 14, 2017
The government had moved NCLT to protect the interests of about 20,000 home buyers.
Unitech Shares Plunge 13% As Supreme Court Stays NCLT Order
Business | Press Trust of India | Wednesday December 13, 2017
During the day, Unitech stock fell to an intra-day low of Rs 6.39 on BSE, down 16.90 per cent over the previous closing price.
Unitech Takeover By Government Put On Hold By Supreme Court
Business | A Vaidyanathan | Wednesday December 13, 2017
NCLT had on Friday suspended all the eight directors of the realty firm over allegations of mismanagement and siphoning of funds, while authorising the government to appoint its 10 nominees on the board.
Vedanta's Resolution Plan For Electrosteel Gets NCLT Nod
Business | Indo-Asian News Service | Tuesday April 17, 2018
The total admitted financial debt of the corporate debtor, Electrosteel Steels, was Rs 13,395 crore.
RCom Sale Of Tower, Fibre Business Gets Tribunal's Nod
Business | Thomson Reuters | Friday April 6, 2018
Proceeds of the sale will be deposited with state-run State Bank of India in an escrow account, RCom said.
Bhushan Steel Acquisition: Tata Steel Emerges As Successful Resolution Applicant
Business | NDTV Profit Team | Saturday March 24, 2018
Tata Steel and JSW Steel Ltd were the two primary industry bidders for the acquisition of Bhushan Steel.
Court Bars Reliance Communications From Selling Assets
Business | Thomson Reuters | Tuesday March 6, 2018
RCom owed banks Rs 45,516 crores as of March 2017 when it last made public its debt numbers, and more to vendors.
PNB's Fraud Case: NCLT Bars Over 60 firms From Selling Assets
Business | Indo-Asian News Service | Monday March 5, 2018
The NCLT has granted an injunction against the specified entities from "removal, transfer or disposal of funds, assets and properties" till further orders, the announcement said.
Mobile Operator Aircel Files For Bankruptcy
India News | NDTV News Desk | Thursday March 1, 2018
Billionaire T Ananda Krishnan's Aircel has filed for bankruptcy in the Mumbai branch of National Company Law Tribunal (NCLT), the bankruptcy and insolvency resolution court.
Bhushan Steel Shares Zoom 20% On Tata Steel, JSW Steel Takeover Bids
Business | NDTV Profit Team | Monday February 19, 2018
Bhushan Steel informs in a stock market filing that the company received resolution plans from Tata Steel, JSW Living Private and Employees of Bhushan Steel.
Idea Gets NCLT Nod for Merger With Vodafone
Press Trust of India | Friday January 12, 2018
Idea and Vodafone can go ahead for the final approval for merger from the Department of Telecom after the latter's appeal for the scheme also gets NCLT nod.
Idea-Vodafone Deal: NCLT Gives Nod To The $23 Billion Merger
Business | NDTV Profit Team | Friday January 12, 2018
As the NCLT approval has come, Vodafone and Idea Cellular are free to approach the department of telecom for the final approval
Cyrus Mistry Seeks Safeguards For Minority Shareholders In Tata Group
India News | Edited By Debanish Achom | Tuesday January 9, 2018
Safeguards should be built within the Tata group to protect the interests of minority shareholders, the counsel of former Tata Sons Ltd chairman Cyrus Mistry told the National Company Law Tribunal or NCLT on Monday
Jaypee Group Targets Delivery Of 5,000 Flats By June
Business | NDTV Profit Team | Friday January 5, 2018
Jaypee group needs Rs 8,000 crore to complete incomplete flats, of which Rs 6,000 crore would come from home buyers while another Rs 2,000-2,500 crore needs to be infused
NCLT Adjourns Case Against Unitech, Shares Rally
Business | Indo-Asian News Service | Wednesday December 20, 2017
NCLT had suspended all the eight directors of Unitech over allegations of mismanagement
HDFC Sells Unitech Shares, Invokes 8.2 Crore Pledged Shares
Business | Press Trust of India | Thursday December 14, 2017
The government had moved NCLT to protect the interests of about 20,000 home buyers.
Unitech Shares Plunge 13% As Supreme Court Stays NCLT Order
Business | Press Trust of India | Wednesday December 13, 2017
During the day, Unitech stock fell to an intra-day low of Rs 6.39 on BSE, down 16.90 per cent over the previous closing price.
Unitech Takeover By Government Put On Hold By Supreme Court
Business | A Vaidyanathan | Wednesday December 13, 2017
NCLT had on Friday suspended all the eight directors of the realty firm over allegations of mismanagement and siphoning of funds, while authorising the government to appoint its 10 nominees on the board.
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