NCLT directs Swan Energy to make upfront payment for Reliance NavalSwan Energy, the company that won the bid to buy Reliance Naval and Engineering Ltd, has been asked by the Ahmedabad bench of NCLT to make ...
08 Oct, 2023, 01.26 PM IST
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...
08 Apr, 2021, 04.00 PM IST
NCLAT directs NCLT Ahmedabad to decide on insolvency plea against Sintex Industries within a weekThe National Company Law Appellate Tribunal (NCLAT) on Monday directed the Ahmedabad bench of NCLT to decide within a week whether to admit...
15 Mar, 2021, 08.14 PM IST
Single-member bench cannot hear insolvency plea, rules NCLATIndore-based Indison Agro Foods Ltd, which is facing insolvency resolution, has argued in its case that the law requires the bench to consi...
31 Aug, 2020, 11.32 AM IST
NCLT allows changes in payment schedule to the successful bidder on account of COVID-19The order will set a precedent since lenders and the tribunal have allowed the successful bidder to change the payment schedule after the a...
11 Jun, 2020, 01.04 PM IST
Standard Chartered, Ruias to appeal in NCLAT against Essar orderPrashant Ruia, part of the Essar Steel promoter family, has filed an appeal at the NCLAT against the order.
12 Mar, 2019, 06.18 AM IST
NCLT Ahmedabad clears ArcelorMittal's Rs 42,000 crore resolution plan for Essar SteelClearing ArcelorMittal's bid, NCLT says it cannot impose judicial view over banks' wisdom.
09 Mar, 2019, 06.35 AM IST
NCLAT directs NCLT Ahmedabad to take call on ArcelorMittal's Essar Steel bid by March 8It has also directed the registry of NCLT to communicate this order to the Ahmedabad-based bench and its members.
28 Feb, 2019, 11.54 AM IST
NCLAT extends deadline for NCLT Ahmedabad to decide on Essar Steel insolvency case by February 19Earlier, the NCLAT has asked NCLT Ahmedabad to decide by February 11, failing to which it would call records and pass order.
12 Feb, 2019, 12.24 PM IST
SC rejects petition by Essar Steel’s operational creditorsThe view taken by NCLT on the Ruia bid will be crucial in the final decision of the court.
12 Feb, 2019, 09.00 AM IST
Promoters offered to pay Rs 54,389 crore: NCLT dismisses Ruias' proposal to settle Essar debtThe Essar group hinted at challenging the verdict, citing the last week's Supreme Court order on IBC.
30 Jan, 2019, 06.53 AM IST
NCLAT asks NCLT Ahmedabad to take decision on Essar Steel's insolvency case by Jan 31A two-member bench of NCLAT said that if the Ahmedabad bench of NCLT does not pass any order by January 31, then it would call the matter a...
23 Jan, 2019, 12.04 PM IST
Essar Steel insolvency case: NCLAT asks NCLT Ahmedabad bench to expedite decisionThe matter is listed at NCLT Ahmedabad on January 7 for next hearing.
03 Jan, 2019, 11.50 AM IST
Arvind gets NCLT's approval for demerger of branded apparel, engineering bizAccording to the company, it expects demerger of branded apparel business and engineering business to become effective from the second half...
26 Oct, 2018, 11.22 PM IST
NCLT to pronounce judgement not later than 12th April in ArcelorMittal vs Numetal caseArcelorMittal, Committee of Creditors (CoC) and Numetal lawyers had come up with new documents/submissions, which they need to submit by Mo...
06 Apr, 2018, 10.25 PM IST
Reliance Marine and Offshore owes Rs 159 crore, says IFCIIFCI's claim on the amount of debt owed on account of Reliance Marine and Offshore Ltd is Rs 159 crore, as per the petition filed by it bef...
20 Dec, 2017, 05.26 PM IST
NCLT to pronounce Essar Steel’s insolvency order on WednesdayAfter losing an intense legal battle at Gujarat High Court, Essar Steel is again back at NCLT, where SBI and SCB is fighting to ensure admi...
01 Aug, 2017, 10.10 PM IST