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Company Law Tribunal "Completely Hijacked" By Corporate Affairs Ministry: Supreme Court
The observations were made while hearing a petition filed by contractual employees working in the NCLT and National Company Law Appellate Tribunal (NCLAT).
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Polycab India Q2 Results: Profit Rises 43% To Rs 977 Crore, Revenue Jumps 53%
Polycab India reported a 42.6% YoY rise in consolidated net profit to Rs 977 crore in the September quarter, while revenue grew 52.8% to Rs 9,899 crore.
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Tribunal Stays Subhash Chandra's Rs 6.25 Crore Plan: What Happens Now?
Subhash Chandra's plan involved paying Rs 6.25 crore against claims of Rs 22,006.57 crore. Another Rs 25 lakh was earmarked towards insolvency costs.
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Union Bank To Challenge Approval Of Subhash Chandra's Insolvency Plan
In the statement, Union Bank of India, along with other creditors, including Canara Bank and LIC Housing Finance, had voted against the resolution plan and opposed its approval before the NCLT.
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"Indian Debt Resolution": Vijay Mallya On Subhash Chandra's 99.97% Debt Haircut
The decision has put the spotlight on one of the most striking personal insolvency cases involving media baron Subhash Chandra.
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Subhash Chandra's Rs 22,006-Crore Debt Cut To Just Rs 6.5 Crore. Here's Why
Subhash Chandra NCLT Order: For Subhash Chandra, the NCLT's approval brings a major step in his personal insolvency proceedings.
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Class Action Against Jindal Poly Faces Hurdle As Original Petitioner Exits
The petition coincides with a separate SEBI investigation, which has flagged alleged violations of securities laws related to transactions undertaken between FY14 and FY24.
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Culver Max Insolvency Plea Against Fintech Firm: NCLAT Quashes NCLT Order, Directs Fresh Hearing
The NCLAT observed that NCLT should at least give an opportunity to Culver Max to rectify the defect in the application, and said the opportunity was not given in the present case.
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NCLT Approves Merger Scheme Of Suzuki Motor Gujarat With Maruti Suzuki India
The 59-page-long order further said the transferor company shall surrender its GSTN and PAN to the concerned authorities.
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NCLT Declines Relief To Byjus, Refuses To Stay Aakash EGM On Rights Issue
Byju's had requested the proposed EGM to be kept on hold, as the rights issue would reduce its shareholding in Aaskash from 25% to less than 5%.
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NCLT Approves INSCO's Rs 2,250-Crore Resolution Plan For Hindustan National Glass
The Rs 2,250 crore resolution plan — comprising Rs 1,900 crore in upfront cash and equity valued at around Rs 350 crore — was submitted on June 8.
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NCLT Approves Adani Properties' Bid For Two HDIL Assets In Mumbai
NCLT approves Adani Properties' bid for 2 HDIL assets
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Ambuja Cements To Seek Shareholders' Approval For Merger With Adani Cementation On May 2
At the meeting, shareholders will discuss and vote on the proposed scheme of amalgamation with Adani Cementation Ltd.
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NCLT Rejects Talwandi Power's Vedanta Demerger Scheme For Not Disclosing Material Facts
The development follows objections raised by Talwandi Sabo Power creditor SEPCO Electric Power Construction India Pvt. to the scheme.
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Private Equity Singapore Topco Withdraws NCLT Petition Against Akash EGM
Blackstone-backed Singapore Topco withdraws NCLT petition against Akash AGM
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Company Law Tribunal "Completely Hijacked" By Corporate Affairs Ministry: Supreme Court
The observations were made while hearing a petition filed by contractual employees working in the NCLT and National Company Law Appellate Tribunal (NCLAT).
-
Polycab India Q2 Results: Profit Rises 43% To Rs 977 Crore, Revenue Jumps 53%
Polycab India reported a 42.6% YoY rise in consolidated net profit to Rs 977 crore in the September quarter, while revenue grew 52.8% to Rs 9,899 crore.
-
Tribunal Stays Subhash Chandra's Rs 6.25 Crore Plan: What Happens Now?
Subhash Chandra's plan involved paying Rs 6.25 crore against claims of Rs 22,006.57 crore. Another Rs 25 lakh was earmarked towards insolvency costs.
-
Union Bank To Challenge Approval Of Subhash Chandra's Insolvency Plan
In the statement, Union Bank of India, along with other creditors, including Canara Bank and LIC Housing Finance, had voted against the resolution plan and opposed its approval before the NCLT.
-
"Indian Debt Resolution": Vijay Mallya On Subhash Chandra's 99.97% Debt Haircut
The decision has put the spotlight on one of the most striking personal insolvency cases involving media baron Subhash Chandra.
-
Subhash Chandra's Rs 22,006-Crore Debt Cut To Just Rs 6.5 Crore. Here's Why
Subhash Chandra NCLT Order: For Subhash Chandra, the NCLT's approval brings a major step in his personal insolvency proceedings.
-
Class Action Against Jindal Poly Faces Hurdle As Original Petitioner Exits
The petition coincides with a separate SEBI investigation, which has flagged alleged violations of securities laws related to transactions undertaken between FY14 and FY24.
-
Culver Max Insolvency Plea Against Fintech Firm: NCLAT Quashes NCLT Order, Directs Fresh Hearing
The NCLAT observed that NCLT should at least give an opportunity to Culver Max to rectify the defect in the application, and said the opportunity was not given in the present case.
-
NCLT Approves Merger Scheme Of Suzuki Motor Gujarat With Maruti Suzuki India
The 59-page-long order further said the transferor company shall surrender its GSTN and PAN to the concerned authorities.
-
NCLT Declines Relief To Byjus, Refuses To Stay Aakash EGM On Rights Issue
Byju's had requested the proposed EGM to be kept on hold, as the rights issue would reduce its shareholding in Aaskash from 25% to less than 5%.
-
NCLT Approves INSCO's Rs 2,250-Crore Resolution Plan For Hindustan National Glass
The Rs 2,250 crore resolution plan — comprising Rs 1,900 crore in upfront cash and equity valued at around Rs 350 crore — was submitted on June 8.
-
NCLT Approves Adani Properties' Bid For Two HDIL Assets In Mumbai
NCLT approves Adani Properties' bid for 2 HDIL assets
-
Ambuja Cements To Seek Shareholders' Approval For Merger With Adani Cementation On May 2
At the meeting, shareholders will discuss and vote on the proposed scheme of amalgamation with Adani Cementation Ltd.
-
NCLT Rejects Talwandi Power's Vedanta Demerger Scheme For Not Disclosing Material Facts
The development follows objections raised by Talwandi Sabo Power creditor SEPCO Electric Power Construction India Pvt. to the scheme.
-
Private Equity Singapore Topco Withdraws NCLT Petition Against Akash EGM
Blackstone-backed Singapore Topco withdraws NCLT petition against Akash AGM
