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'CBI To Probe Anil Ambani's SBI Fraud Case': Centre To Lok Sabha
State Bank of India has classified Reliance Communications along with promoter director Anil D Ambani as 'fraud' and is also in the process of lodging complaint with CBI, Parliament was informed on Monday.
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Probe Agency Restores Properties Worth Rs 55.85 Crore In Era Infra Fraud Case
The Directorate of Enforcement (ED) has restored assets valued at Rs 55.85 crore to the Successful Resolution Applicant in the case of Era Infra Engineering Limited.
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Ola Electric Arm Settles Dues with Vehicle Registration Service Provider
Earlier this month, Rosmerta Digital Services Ltd had sought to initiate insolvency proceedings against Ola Electric Technologies Pvt Ltd. On Tuesday, March 25 Ola said it has amicably settled all dues with its former vehicle registration service provider.
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NCLT Recalls Insolvency Order Against Logix Infra Over 'Fraudulent' Intentions
NCLT has recalled and set aside its own order directing insolvency proceedings against realty firm Logix Infrastructure in July 2023, saying the plea was initiated with "fraudulent and mala fide intentions" and a collusive petition was filed.
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Reliance and Disney Complete Merger to Create a Rs. 70,352 Crore Joint Venture
Reliance Industries Limited announced the completion of a merger with the India business of global media house Walt Disney on Thursday. With this, Viacom 18 Media Private Limited, Reliance Industries Limited, and The Walt Disney Company announced the formation of a joint venture. The joint venture was formed after the approval by the National Compa...
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SpiceJet Gets Notice From Law Tribunal Over Insolvency Plea From Creditor
The National Company Law Tribunal (NCLT) on Monday issued notice to debt-ridden air carrier SpiceJet over the plea filed by one of its operational creditors.
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NCLT Approves Merger of Viacom 18, Star India After CCI Nod
The National Company Law Tribunal (NCLT) on Friday approved a merger scheme that will allow Viacom 18 Media with Star India. The merger of Reliance Industries and The Walt Disney Co's media assets was approved earlier this week by the Competition Commission of India and will create the country's largest media empire.
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Dispute Tribunal Orders Insolvency Proceedings Against Coffee Day Enterprises
Corporate dispute tribunal NCLT has ordered initiating insolvency proceedings against Coffee Day Enterprises Ltd (CDEL), the parent company of Coffee Day Group which operates Cafe Coffee Day chain of coffee houses.
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In Big Win For Byju's, Insolvency Proceedings Scrapped By Appeals Tribunal
Insolvency proceedings against Byju's were quashed by an appeals tribunal on Friday in a big win for founder Byju Raveendran but a setback for US lenders that say they are owed $1 billion by the education start-up.
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Budget 2024: Centre To Strengthen Insolvency Ecosystem, Add More Tribunals
The government will add more tribunals of the NCLT to improve recovery of stressed assets, Finance Minister Nirmala Sitharaman while presenting the Union Budget for 2024-25 on Tuesday.
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'CBI To Probe Anil Ambani's SBI Fraud Case': Centre To Lok Sabha
State Bank of India has classified Reliance Communications along with promoter director Anil D Ambani as 'fraud' and is also in the process of lodging complaint with CBI, Parliament was informed on Monday.
-
Probe Agency Restores Properties Worth Rs 55.85 Crore In Era Infra Fraud Case
The Directorate of Enforcement (ED) has restored assets valued at Rs 55.85 crore to the Successful Resolution Applicant in the case of Era Infra Engineering Limited.
-
Ola Electric Arm Settles Dues with Vehicle Registration Service Provider
Earlier this month, Rosmerta Digital Services Ltd had sought to initiate insolvency proceedings against Ola Electric Technologies Pvt Ltd. On Tuesday, March 25 Ola said it has amicably settled all dues with its former vehicle registration service provider.
-
NCLT Recalls Insolvency Order Against Logix Infra Over 'Fraudulent' Intentions
NCLT has recalled and set aside its own order directing insolvency proceedings against realty firm Logix Infrastructure in July 2023, saying the plea was initiated with "fraudulent and mala fide intentions" and a collusive petition was filed.
-
Reliance and Disney Complete Merger to Create a Rs. 70,352 Crore Joint Venture
Reliance Industries Limited announced the completion of a merger with the India business of global media house Walt Disney on Thursday. With this, Viacom 18 Media Private Limited, Reliance Industries Limited, and The Walt Disney Company announced the formation of a joint venture. The joint venture was formed after the approval by the National Compa...
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SpiceJet Gets Notice From Law Tribunal Over Insolvency Plea From Creditor
The National Company Law Tribunal (NCLT) on Monday issued notice to debt-ridden air carrier SpiceJet over the plea filed by one of its operational creditors.
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NCLT Approves Merger of Viacom 18, Star India After CCI Nod
The National Company Law Tribunal (NCLT) on Friday approved a merger scheme that will allow Viacom 18 Media with Star India. The merger of Reliance Industries and The Walt Disney Co's media assets was approved earlier this week by the Competition Commission of India and will create the country's largest media empire.
-
Dispute Tribunal Orders Insolvency Proceedings Against Coffee Day Enterprises
Corporate dispute tribunal NCLT has ordered initiating insolvency proceedings against Coffee Day Enterprises Ltd (CDEL), the parent company of Coffee Day Group which operates Cafe Coffee Day chain of coffee houses.
-
In Big Win For Byju's, Insolvency Proceedings Scrapped By Appeals Tribunal
Insolvency proceedings against Byju's were quashed by an appeals tribunal on Friday in a big win for founder Byju Raveendran but a setback for US lenders that say they are owed $1 billion by the education start-up.
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Budget 2024: Centre To Strengthen Insolvency Ecosystem, Add More Tribunals
The government will add more tribunals of the NCLT to improve recovery of stressed assets, Finance Minister Nirmala Sitharaman while presenting the Union Budget for 2024-25 on Tuesday.
