SBI takes Anil Ambani to NCLT to recover Rs 1,200 croreAnil Ambani had given personal guarantee to the loans given to RCom & Reliance Infratel.
12 Jun, 2020, 11.36 PM IST
NCLT transfers 3 more members with immediate effectAccording to a notification issued by the NCLT Registrar on Tuesday, the new list comprises three judicial members.
13 May, 2020, 02.24 PM IST
Govt extends tenure of NCLT acting President BSV Prakash Kumar"... it has been decided to extend the tenure of Shri BSV Prakash Kuamr as acting President for a period of another three months with effec...
03 Apr, 2020, 12.32 PM IST
Aion-JSW Steel wins Monnet Ispat bid; banks take 75% haircutThe private equity fund-steel major consortium will hold 75% of the equity in the company out of which Aion Capital will have a 70% share w...
19 Jul, 2018, 09.25 PM IST
NCLT order on Tata-Mistry case to be pronounced on July 9The two-member NCLT bench comprising BSV Prakash Kumar and V. Nallasenapathy said they had to make some corrections and pronounce the verdi...
04 Jul, 2018, 05.10 PM IST
NCLT order in Tata-Mistry case to be announced on July 9The case relates to two-year-old feud between Tata Sons and Cyrus Mistry, who was axed as Tata Sons chairman in October 2016.
04 Jul, 2018, 04.23 PM IST
NCLT adjourns Monnet Ispat case hearing till MayThe presiding judge questioned senior counsel for the resolution professional Ravi Kadam on the loans given out by Monnet Ispat to companie...
26 Apr, 2018, 08.59 AM IST
NCLT: Government must focus on creating infrastructure and make the tribunal self-sufficientWith numbers stacked up against the quick disposal of cases, the very purpose for which it was created, is the NCLT model set to fail?
06 Dec, 2017, 04.41 PM IST
As Mumbai bench of NCLT rules in favour of Monnet IspatMonnet owed about Rs 2.5 crore to a foreign supplier, and an arbitration tribunal had ruled that the proceedings could continue simultaneou...
16 Nov, 2017, 11.41 PM IST
RCom plunges 6% as NCLT seeks details of Ericsson duesIn September, Ericsson filed for insolvency in the NCLT to recover Rs 1,150 crore from RCom.
10 Nov, 2017, 03.54 PM IST
NCLT seeks details of Reliance Communications dues to Ericsson“On verification, court has noticed the copy of certificate from financial institutors has not been filed in petition,” an NCLT bench said.
10 Nov, 2017, 01.32 AM IST
NCLT Mumbai admits Gupta Global for insolvency caseGupta Global actually raised Rs 402 crore loans from various financial institutions. A majority of it went burst as the borrower failed to ...
10 Oct, 2017, 01.21 AM IST
NCLT to decide on RCom-Aircel merger on August 14The merger could set the ball rolling for a sale of RCom’s stake in its tower unit to Canada’s Brookfield. Together, the deals could reduce...
11 Aug, 2017, 01.44 AM IST
How much is Monnet Ispat's default amount?According to SBI, the total amount claimed from the steel company was Rs 2,243 crore.
18 Jul, 2017, 09.00 AM IST
SBI not in favour of JSW buying stake in Monnet IspatMonnet Ispat owes banks over Rs 12,000 crore. It is among the 12 companies the Reserve Bank of India has shortlisted for insolvency proceed...
14 Jul, 2017, 01.18 AM IST
NCLT reserves order on Cyrus Mistry pleasThe NCLT bench of BSV Prakash Kumar and V Nallasenapathy said it will pass the order on maintainability of petitions filed by Cyrus Mistry ...
21 Feb, 2017, 01.43 AM IST
NCLT clears way for Tata Sons to hold EGM on February 6The two-member bench comprising BSV Prakash Kumar and V Nallasenapathy said the refusal to argue the main petition was nothing but disobedi...
01 Feb, 2017, 01.30 AM IST