NCLT declares Videocon’s Venugopal Dhoot bankrupt in SBI’s Rs 12,668 cr claimThe NCLT has declared former Videocon chairman Venugopal Dhoot bankrupt in proceedings initiated by SBI over personal guarantees for loans ...
NCLT declares Videocon promoter Venugopal Dhoot bankrupt on SBI plea; appoints bankruptcy trusteeThe National Company Law Tribunal (NCLT), Mumbai Bench, has declared former Videocon Industries promoter and director Venugopal Nandlal Dho...
FICCI makes recommendations to FM ahead of Budget 2027-28, highlights LTCG exemption, TDS relief and faster tax appealsFICCI has recommended the restoration of long-term capital gains tax exemption on listed shares in Budget 2027-28. The organization highlig...
Lenders accept Supreme Housing's Rs 522-crore settlement offerCanara Bank along with other lenders accepted a ₹522-crore one time settlement offer from Supreme Housing and Hospitality. This settlement ...
Zee draws line between CBI probe against Subhash Chandra and its businessZee Entertainment Enterprises has clarified that an Enforcement Case Information Report (ECIR) registered against founder Subhash Chandra i...
Mumbai property market records second-best October ever, registrations up 9%Property registrations in the Mumbai municipal region rose by 9 per cent in October, reflecting stronger housing demand. The total registra...
NCLT voids Rs 525-cr guarantee, Mumbai land transfer in JLS Realty disputeThe NCLT has invalidated multiple transactions involving JLS Realty Pvt Ltd, including its transfer of redevelopment land. The tribunal fou...
'NCLT independently handles staff appointments': Corporate Affairs Ministry clarifies after SC remarksThe Ministry of Corporate Affairs has released a statement detailing its administrative functions concerning the National Company Law Tribu...
NCLAT sets aside insolvency proceedings against Polycab over Rs 2.78 crore duesNCLAT overturned the insolvency proceedings against Polycab India Limited, which originated from a claim by Asier Metals. The tribunal foun...
Assam govt forms panel to frame rules for implementation of Uniform Civil CodeThe Assam government has created an eight-member committee to develop rules for the Uniform Civil Code Bill. This bill aims to provide a co...
NCLT, NCLAT 'hijacked' by corporate affairs ministry: Supreme CourtThe Supreme Court expressed discontent with the Ministry of Corporate Affairs regarding appointments in the National Company Law Tribunals....
Virat Kohli's stake in Agilitas Sports rises to 6.4% after One8 mergerThe merger has been approved by the Mumbai bench of the National Company Law Tribunal (NCLT). The increase in Kohli's shareholding is becau...
MTAR Technologies gets NCLT nod to merge two wholly owned subsidiariesMTAR Technologies has received NCLT approval to merge its wholly owned subsidiaries Gee Pee Aerospace and Defence and Magnatar Aero Systems...
SC directs NCLAT, NCLT presidents to submit proposals on infrastructure, staff requirementsThe Supreme Court instructed the presidents of the National Company Law Appellate Tribunal and National Company Law Tribunal to submit prop...
TVS Motor’s Venu Srinivasan and daughter Lakshmi file caveats against each other over inheritanceVenu Srinivasan and his daughter Lakshmi Venu have initiated caveats against each other regarding family business matters. The filings occu...
Committee of Creditors cannot withdraw resolution plan nod: Supreme CourtA bench of Justices JB Pardiwala and K Vinod Chandran, while disposing of the appeal filed by Bank of India and other CoC members, includin...
Supreme Court upholds Shree Naman Developers' acquisition of Bengaluru, Pune hotel under NCLT proceedingsThe Supreme Court has upheld insolvency proceedings against Gstaad Hotels and Neo Capricorn Plaza. This decision arises while clarifying th...