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NCLT MUMBAI NEWS
Stocks in news: IndusInd Bank, India Cements, Godrej Properties, Clean Sciences, Exide IndustriesIndian market continues its upward trend. IndusInd Bank addresses past issues. Godrej Properties acquires stake in Godrej Skyline Developer...
Network18's merger with TV18 and E18 gets NCLT approvalThe move comes ahead of the merger of the India media businesses of RIL and Walt Disney to create the country's largest media and entertain...
Hinduja Group ready to pay Rs 2,750 crore now for Reliance Capital resolution, files intervention application before NCLTIn an email communication from IIHL’s CEO, Moses John, to RCap administrator Nageswara Rao, IIHL emphasized the need to complete multiple a...
Zee clarifies company not involved in any negotiations with Sony over dealZee said, "We would like to clarify that the company has not involved in any negotiations, or any other event as stated in the above-mentio...
Zee-Sony Merger: NCLAT refuses to halt mega merger to create media giantNCLAT has declined a stay order on the Zee Entertainment Enterprises Limited (ZEEL) and Sony merger. Zee's shares surged, hitting Rs 286.50...
Working towards completing merger deal with Sony: ZEELZee Entertainment Enterprises has reaffirmed its commitment to completing the planned merger with Culver Max Entertainment, Sony Group Corp...
Report on Zee Sony merger risks collapse incorrect, clarifies Zee EntertainmentZee Entertainment has refuted a news report claiming that the Sony-Zee merger risks collapsing due to an eleventh-hour CEO drama. Zee state...
Nitin Desai was facing financial strain, defaulted on Rs 252 cr loan; insolvency proceedings initiated against art director's company last weekDesai, through his company ND's Art World Pvt Ltd, had borrowed Rs 185 crore in the form of two loans from ECL Finance in 2016 and 2018. He...
Zee Media withdraws EOI for Reliance Broadcast; not to submit any resolution planNews broadcaster Zee Media on Wednesday said it has withdrawn its Expression of Interest (EOI) and would not bid for the debt-ridden Relian...
Zee Media in race to buy FM radio broadcaster RBNLResolution Professional Rohit Mehra, on behalf of RBNL, has issued an ad seeking expressions of interest from interested entities. The last...
Zee Entertainment likely to repay IndusInd $10 million to wrap Sony dealZee Entertainment Enterprises Ltd. has agreed to repay dues owed to IndusInd Bank Ltd. as it seeks to resolve insolvency proceedings initia...
NCLT orders urgent implementation of Reliance Infratel resolution planAs per the orders of the NCLT made public on Wednesday, the court allowed Jio’s arm, Reliance Project and Property Management Services Ltd ...
Reliance Capital's loans to its group companies lead to Rs 1,755 crore financial impactBDO India LLP is assisting the IBC-appointed administrator of Reliance Capital in carrying out an investigation of the transaction-related ...
Zee Learn drops 18% as YES Bank initiates insolvency proceedings against firmThe private sector lender has moved National Company Law Tribunal (NCLT) seeking initiation of insolvency proceedings against Zee Learn, ac...
Tata Group legal advisers baffled by order: 'NCLAT granted relief which was never sought'The order has displaced Chandrasekaran, who had been selected following procedure provided under AOA.
Home buyers welcome SC ruling, say move to help claim duesThere are around 1.74 lakh stalled housing units across the top seven cities and their buyers can now stake claims to their dues by initiat...
Ahead of NCLT hearing, BSR quits as IFIN auditorGovt had sought a ban on BSR & Deloitte for alleged role in concealing bad loans at IL&FS.
Bhushan Steel surges 20% after Tata Steel's highest bidThe scrip jumped 19.93 per cent to Rs 53.85 on Monday.
Shalby faces insolvency proceedings from a doctorDr Shah, claims that Shalby owes him medical consultancy fees of about Rs 41 lakh.
Tata Sons asks Cyrus Mistry to return confidential documentsThe notice comes after Tata Sons accused Mistry of breaching confidentiality rules, and said it would take legal action against him.