NCLAT dismisses Affle 3i's plea against insolvency of Talent Unlimited Online ServicesNCLAT has dismissed an appeal by Affle 3i Ltd concerning insolvency proceedings against Talent Unlimited Online Services Pvt Ltd. The dismi...
IBC helps 1.4 lakh homebuyers move closer to possession as developers revive stalled projectsIndia's insolvency framework has helped more than 1.4 lakh homebuyers receive homes from stalled projects. Major developers, like Adani Rea...
Tata dispute sends India Inc scrambling to shore up shareholder rightsA boardroom dispute at Tata Sons is prompting founders, strategic investors and private equity firms across India to review shareholder agr...
Dabur’s Sesa Care merger gets NCLT approvalDabur India has obtained approval from the National Company Law Tribunal for merging with Sesa Care. This merger aims to strengthen Dabur's...
McNally Bharat: ED probes 'backdoor return' of old power network via IBCEnforcement Directorate has traced ₹105 crore of cash infusion to McNally Bharat Engineering from Vishwa Group entities. The funds moved th...
Tata Sons tells Noel Tata, Chandrasekaran’s reappointment is valid, rejecting his objectionsTata Sons has affirmed the validity of N Chandrasekaran's reappointment as chairman following a board majority resolution. Noel Tata raised...
Tata Sons listing row puts individual Tata Trusts trustees under sharper focusTata Sons and Tata Trusts are facing significant tensions as they prepare for the upcoming annual general meeting. The Reserve Bank of Indi...
Tata Sons plans AGM within a month, may approach NCLT if SRTT freeze blocks quorumTata Sons intends to organize its annual general meeting following a previous deferral due to quorum issues. The company is considering leg...
Karnataka forms SIT to crack down on insurance claim fraudsThe move follows an apex court order, which instructed state administrations to set up dedicated mechanisms to fast-track investigations in...
Subhash Chandra moves NCLAT, challenges NCLT 5-member bench order against alienation of assetsSubhash Chandra has approached the NCLAT challenging a five-member NCLT bench order that stayed a third member’s decision approving his Rs ...
IBBI allows liquidators to modify stakeholder list on new informationUnder the earlier regime the liquidator could not change this list independently and had to apply to the Adjudicating Authority- usually th...
How will tribunals function if no infrastructure? SC directs Centre to identify amenities requiredThe Supreme Court on Monday directed the Centre to urgently identify infrastructure requirements at National Company Law Tribunal benches i...
Tata Sons vs Trusts may shift from boardroom to courtroomTata Trusts, led by Noel Tata, is preparing to challenge Tata Sons’ decision to reappoint N Chandrasekaran as chairman, potentially taking ...
Supertech insolvency: NCLAT raises concern over delay in appointing IRP, slippage on deadlineConcerns have been raised by the NCLAT regarding NBCC's significant delays in the construction of Supertech projects, while criticism mount...
Trust deficit: Bombay House splits over Tata Sons listing and Chandrasekaran's return as chairmanTata Sons board nominees Noel Tata and Venu Srinivasan clashed on listing and chairman's reappointment. Chandrasekaran's reappointment and ...
Insolvency appeals are time-bound, no leeway beyond 45 days: NCLATThe NCLAT stressed insolvency proceedings are time-bound and appeals must be filed promptly. An appeal against a revival order was rejected...
NCLT rejects Jet Airways' liquidator plea seeking Rs 500 crore from BoeingThe National Company Law Tribunal dismissed Jet Airways' plea for a refund from Boeing. The tribunal cited a contractual dispute over advan...