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HYDERABAD BENCH OF NCLT
'Creditors can't seek claims beyond okayed resolution plan'Creditors seeking duplicate recoveries from group companies after a resolution plan is finalized will be disappointed, the NCLT ruled. JM F...- NCLT Hyderabad initiates insolvency proceedings against GVK Gautami Power"NCLT, Hyderabad bench, during its hearing on October 20 initiated insolvency proceedings under The lnsolvency and Bankruptcy Code, 2016 fi...
- NCLT directs Deccan Chronicle's RP to hold CoC meeting on resolution planAsking the CoC to decide whether to proceed with the resolution plan of Kolkata-based Srei group which was approved in June 2019, the tribu...
- Government to strengthen the framework of NCLT: Finance MinisterThe NCLT, which is assigned cases of company and corporate matters, with insolvency matters piling up, has been facing challenges in terms ...
- NCLAT stays insolvency process for Gayatri ProjectsGayatri Projects, in its letter to the stock exchanges, said “JIL had not fully performed their scope of work as per the contract. There ex...
- Government extends NCLT Acting President BSV Prakash Kumar's tenure for one monthThis is the second extension of BSV Prakash Kumar, who was appointed as Acting President of NCLT for a period of three months from January ...
- 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.
- NCLT cancels summer vacation this year, to hear casesSeveral judicial bodies and quasi-judicial bodies have also cancelled their summer vacations as they were closed during the lockdown and ar...
- NCLT transfers eight members with immediate effect"The members shall move to their new stations of posting, after lockdown restrictions on movement are withdrawn by the central government a...
- 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...
- National Company Law Tribunal to not accept any fresh filings till March 27The NCLT Registrar advised that until filing counters are open, parties are directed not to make filings unless the matter is likely to be ...
- In a first, IBC process ordered for failing to pay an insolvency services companyThe NCLT’s Hyderabad bench has ordered the proceedings at Sri Yadadri Life Sciences (SYLS) for the alleged default in payments to Adroit Fi...
- NCLT extends time for Ind-Barath’s insolvency processAt the meeting of the committee of creditors (CoC) held on October 14, the lenders had decided to go ahead with the resolution plan submitt...
- Govt appoints 30 new judges in NCLT courts across IndiaThe new appointments come even as the NCLT court in the city is shifting to a larger office downtown as current court infrastructure is str...
- NCLT dismisses ICICI insolvency plea against Hyderabad Ring Road ProjectsHyderabad Ring Road Projects Private Ltd, is a special purpose vehicle related to Era Infra Engineering Ltd and raised an amount of Rs 193....
- NCLT benches to be set up at Amaravati, IndoreAt present, Andhra Pradesh comes under the jurisdiction of NCLT bench at Hyderabad and Madhya Pradesh comes under the jurisdiction of NCLT ...
- NCLT permits SBI to withdraw insolvency petition against AnrakOn Wednesday, NCLT Hyderabad bench member Ratakonda Murali ordered the petition as dismissed as it was sought to be withdrawn by the SBI.
- NCLT to pronounce orders on Lanco's liquidation plea on Aug 27According to a regulatory filing by Lanco, Employee Welfare Association of Lanco also filed a petition before the tribunal seeking to know ...
- NCLT approves JK Paper's Rs 371 cr bid for Sirpur Paper MillsThe Hyderabad bench of the National Company Law Tribunal (NCLT) today admitted the resolution plan submitted by JK Paper, the company said ...
- NCLT allows 16 days to examine Thriveni's revised offer for Lanco InfratechThe CoC could not examine the revised plan from the Tamil Nadu-based firm it received it on May 2, just two days before the deadline to com...
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