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NCLAT STAYS INSOLVENCY
Venugopal Dhoot moves SC against order upholding separate insolvency for Videocon Industries Ltd and VOVLVideocon founder Venugopal Dhoot has approached the Supreme Court. He is challenging a recent appellate tribunal order. This order allows s...
NCLAT upholds separate insolvency processes for Videocon Industries and Videocon Oil VenturesThe NCLAT has upheld separate insolvency proceedings for Videocon Industries Ltd (VIL) and Videocon Oil Ventures Ltd (VOVL), overturning an...
NCLT admits insolvency plea against Prime Focus over Rs 353.79 crore claim, company challenges order in NCLATThe National Company Law Tribunal has admitted an insolvency petition against Prime Focus Ltd. Reliance Alpha Services Pvt Ltd filed the pe...
NCLAT dismisses Vedanta plea against Adani’s Jaiprakash Associates bid, upholds NCLT orderThe National Company Law Appellate Tribunal has dismissed Vedanta's challenges against Adani Enterprises' winning bid for Jaiprakash Associ...
NCLAT adjourns hearing on Vedanta plea against selection of Adani's bid for JALThe National Company Law Appellate Tribunal (NCLAT) on Monday adjourned the hearing on Vedanta Ltd’s petitions challenging Adani Enterprise...
NCLAT upholds project-specific insolvency action for realty firmsHomebuyers' insolvency cases against real estate firms will now be limited to the specific project facing default. The National Company Law...
SC refuses to interfere with order allowing Adani to acquire Jaiprakash Associates in blow to VedantaThe Supreme Court of India has refused to halt Adani Enterprises' acquisition of Jaiprakash Associates, a decision impacting Vedanta Group....
NCLAT stays Reliance Infra insolvency proceedingsThe National Company Law Appellate Tribunal (NCLAT) has put a hold on the insolvency proceedings against Reliance Infrastructure after bein...
Supertech Township Projects lender rejects settlement proposal, NCLAT to decide on insolvencyPunjab & Sind Bank has rejected the settlement proposal from debt-ridden Supertech Township Projects. NCLAT will decide the insolvency case...
Zee Entertainment shares rise 3% after NCLAT stays insolvency proceedingsThe matter pertains to a default of Rs 83 crore by Siti Networks, a sister company owned by Essel Group. IndusInd Bank invoked the guarante...
NCLAT stays insolvency proceedings against RHC HoldingA two-member NCLAT bench had admitted an appeal filed by Daiichi Sankyo against an order passed by the National Company Law Tribunal (NCLT)...
Supertech Insolvency Case: Lender asks to deposit Rs 75 cr as upfront payment for considering one-time settlementThe realty firm had offered to make an upfront payment of Rs 10 crore with 10 crore on acceptance of OTS, however, the public sector lender...
NCLAT stays insolvency proceedings against HCL TechnologiesNCLAT issues notice to Sahaj Bharti Travels, which had claimed a default of Rs 3.54 crore by HCL Technologies, to file its reply within two...
Oyo subsidiary gets NCLAT reprieve in bankruptcy caseNCLAT has ordered a stay on the formation of the committee of creditors in the bankruptcy proceedings Oyo Hotels & Homes Pvt. Ltd., the sub...
NCLAT sends RCom back to insolvencyEricsson started insolvency proceedings against RCom in 2017 over non-payment of dues of over Rs 1,500 cr.
Refuse to believe Rcom will let Anil Ambani go to jail, says SBIArguing for SBI, senior counsel NK Kaul reiterated that RCom had no right to have its dues paid by the Rs 260 crore “public money” held in ...
NCLAT stays insolvency process order against Eastern CoalfieldsEarlier NCLT ordered commencement of insolvency resolution against Eastern Coalfields.