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LAKSHMI GURUNG
NCLT approves Mantra Properties buyout of Mulund projectThe company entered corporate insolvency resolution process (CIRP) in July 2023 on a plea by Beacon Trusteeship Ltd. It has two secured cre...- Bankruptcy court approves Future Supply Chain Solutions’ acquisition by Reliance RetailMumbai bankruptcy court approved Reliance Retail Ventures' resolution plan for Future Supply Chain Solutions. Secured lenders overwhelmingl...
- NCLT declares ex-DHFL chairman Kapil Wadhawan bankrupt over ₹4,546 crore duesThe NCLT Mumbai has declared Kapil Wadhawan, the former chairman of DHFL, bankrupt following a petition by Union Bank of India to recover ₹...
- NCLT asks two Tata NBFCs to seek merger nod from stakeholdersThe National Company Law Tribunal (NCLT) has directed Tata Capital and Tata Motors Finance to hold shareholder and creditor meetings. The m...
- Bankruptcy court rejects plea to implement Zee-Sony mergerThe Mumbai bankruptcy court dismissed Phantom Studios India's application to enforce a merger between Zee Entertainment and Sony entities, ...
- NCLT rejects JC Flowers’ claim against HDIL, says collateral alone doesn’t meet IBC standardsThe NCLT dismissed JC Flowers ARC Pvt Ltd's liability claim against HDIL, ruling the debt was not a 'financial debt' under the IBC at the t...
- NCLT initiates insolvency proceedings against Jupiter Landscapes over Rs 573 cr debtThe National Company Law Tribunal has ordered the corporate insolvency resolution process for Jupiter Landscapes due to defaulting on non-c...
- NCLT withdraws nod given earlier for merger of Zee and Sony entitiesThe National Company Law Tribunal has withdrawn its approval for the merger between Zee Entertainment Enterprises and Sony Group Corporatio...
- NCLT admits insolvency plea against two Essel Group companies on Indiabulls Housing pleaThe Mumbai bench of the National Company Law Tribunal (NCLT), in applications filed by Indiabulls Housing Finance Ltd, also appointed Ravi ...
- Bankruptcy court disposes off insolvency applications against Mumbai Metro OneMumbai Metro One was the first metro project awarded in the country on a public-private partnership (PPP) basis and entails the design, fin...
- NCLT adjourns Siti Networks bankruptcy hearing to April 3NCLT Mumbai bench adjourned Siti Networks' insolvency hearing to April 3. Rohit Mehra, suspended board of directors, NCLAT intervention, fi...
- NCLT allows 45-day extension for Future unit resolutionThe resolution professional of the BSE-listed Future Supply Chain Solutions, Rajan Rawat, sought an extension of 45 days, pleading that two...
- NCLT directs Zee to file reply on Sony's application in two weeksThe NCLT has directed Zee Entertainment Enterprises to reply to applications filed by Sony Group companies within two weeks. Sony Group uni...
- Star can't stop TV signals to Essel-backed Siti, for nowRohit Mehra, the resolution professional (RP) managing the insolvency proceedings against Siti, moved the NCLT, seeking directions to restr...
- Zee shareholder moves NCLT seeking implementation of merger with SonyThe NCLT has given Sony Group Corp. three weeks to respond to a plea seeking implementation of the merger scheme between Sony and Zee Enter...
- SIAC to begin hearing in Sony-Zee arbitration matter on January 31The Singapore International Arbitration Centre will hold online hearings for the arbitration case filed by Culver Max Entertainment and Ban...
- NCLT dismisses insolvency resolution plea against Indamer Mjets Airport ServiceThe bankruptcy court in Mumbai has rejected an application filed by Dezire Group against Indamer Mjets Airport Service Pvt Ltd to admit the...
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