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NCLT BENGALURU
Flipkart puts IPO on ice; Rapido's $240 million raiseFlipkart has hit pause on its IPO in a jittery market. This and more in today's ETtech Top 5.
Canara Bank invites bids for Rs 509 crore loan of Rajesh ExportsCanara Bank is selling a ₹509.37 crore loan given to Rajesh Exports. The bank is looking for buyers for this distressed debt. This move com...
Ola Electric shares in focus after settling dues with Rosmerta Group; NCLT petitions withdrawnOla Electric Mobility shares will be in focus after the company settled its dues with Rosmerta Group, leading to the withdrawal of petition...
NCLAT dismisses appeal by investors against Byju’sThe National Company Law Appellate Tribunal has rejected an appeal filed by a group of investors of Byju’s seeking intervention in the case...
Byju's processes employees' May salaries from business collectionsBYJU'S processed employees' May salaries from business collections. Salaries paid from company's collections, highlighting financial health...
Byju's seeks arbitration in dispute with investors; NCLT adjourns hearing to April 23During Thursday's proceedings, the NCLT noted that it would be a “blatant violation” of its interim order dated February 27 if Byju’s has i...
NCLT Chandigarh withholds Embassy Group companies' merger with Indiabulls Real EstateThe merger sanctioned by Bengaluru bench the NCLT, which has jurisdiction over NAM Estates and Embassy One on April 22, 2022.
Indiabulls Real Estate tanks 20% as Nam Estates-Embassy One merger faces delays"Indiabulls Real Estate (IBREL) regrets to inform its shareholders and the public that the sanction to the merger of NAM Estates Private (N...
NCLT orders initiating insolvency proceedings against Mantri DevelopersIndiabulls Housing Finance Ltd (IHFL) had moved the Bengaluru bench of the National Company Law Tribunal (NCLT) claiming a default of Rs 45...
Company law tribunal can't compel parties to settle dispute in insolvency proceedings under IBC, says SCA bench comprising Justices D Y Chandrachud and A S Bopanna set aside the verdicts of NCLT and NCLAT which had asked the company to try to ...
NCLT admits Antrix Corporation's winding up plea for Devas Multimedia, appoints liquidatorThe tribunal has also directed the existing management of Devas Multimedia to extend full cooperation to the provisional liquidator appoint...
NCLT transfers 3 more members with immediate effectAccording to a notification issued by the NCLT Registrar on Tuesday, the new list comprises three judicial members.
NCLT transfers eight members with immediate effect"The members shall move to their new stations of posting, after lockdown restrictions on movement are withdrawn by the central government a...
ABB India gets NCLT nod for demerger of power grid business to APPSIL"The Bengaluru Bench of the National Company Law Tribunal (NCLT) vide its order dated November 27, 2019 sanctioned the said Scheme involvin...
Sadananda Maiya to help Akashika Foods as mentorAkashika Foods, a Bengaluru-based food company, has taken over the South Indian packaged food brand Maiyas as per a resolution order passed...
Akashika Foods to take over Maiyas Beverages & FoodsThe Tribunal has passed an order to this effect going by the recommendation of the Committee of Creditors (CoC) and interim resolution prof...
NCLT blocks sale of UB assets after SBI’s pleaUnder section 213 of the Companies Act, 2013, there is a provision for a shareholder or creditor or any other person to apply to the NCLT a...