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NCLT UPDATES
Byju's Aakash endgame; Startup deal street wakes upHappy Monday! Byju's US lenders and Manipal are close to sealing a settlement over Aakash. This and more in today’s ETtech Morning Dispatch.- Delhi Gymkhana seeks alternative land for relocation of club in case takeover proceedsThe Delhi Gymkhana Club committee has appealed to the Centre to maintain the club's operations. They seek clarity on relocation and employe...
- Jaypee Golf Club members in Noida seek clarity as Adani takeover of JAL nearsJaypee Golf Club members face uncertainty as Jaiprakash Associates' insolvency nears conclusion. Members demand clarity from the Resolution...
- 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.
- Vedanta's 65% share price crash an illusion, the stock is down just 5%. Here's whyVedanta shares adjusted significantly post-demerger, appearing to crash but actually declining 5% as four entities (Aluminium, Power, Oil &...
- JC Flowers withdraws NCLT plea against Dish TVDish TV receives a significant relief as JC Flowers Asset Reconstruction withdraws its petition. The petition was filed before the National...
- Insolvency process against Raheja Shilas project in Gurugram to continue, says NCLATThe National Company Law Appellate Tribunal has rejected Raheja Developers' request to end insolvency proceedings for its Raheja Shilas pro...
- NCLAT dismisses BSE pleas challenging NCLT’s power to defreeze demat accounts in insolvency casesNCLAT dismissed BSE’s appeals against NCLT orders to defreeze demat accounts of insolvent firms, ruling that NCLT has jurisdiction under th...
- Jupiter Hospital, Reliance-backed co in race for Mumbai SevenHillsTwo companies are vying to buy SevenHills Healthcare. NK Holdings, backed by Reliance, and Jupiter Hospital have offered similar amounts. T...
- NCLT's valuation flags cloud IL&FS HQ saleIn a recent order, the National Company Law Tribunal (NCLT) rejected the proposed sale of two IL&FS-owned commercial properties -Mafatlal C...
- Baijayant Panda to head Select Committee on Insolvency and Bankruptcy Code Amendment Bill 2025BJP leader Baijayant Panda was appointed Chairman of the Select Committee formed to examine the Insolvency and Bankruptcy Code (Amendment) ...
- IDBI Bank moves NCLT with fresh insolvency plea against Zee EntertainmentIDBI Bank has initiated a new insolvency plea against ZEE at the National Company Law Tribunal. The bank claims a default of Rupees 225.22 ...
- SpiceJet shares in focus after NCLT asks lessors to submit valid power of attorneyThe NCLT directed three aircraft lessors of SpiceJet to furnish a valid Power of Attorney by July 3. The directive follows insolvency pleas...
- NCLT gives all parties 8 days to complete procedural issues for ownership transfer of RCAP to IIHLThe NCLT has granted an additional eight days to complete procedural issues for the ownership transfer of Reliance Capital to IndusInd Inte...
- Axis Bank moves NCLT to seek insolvency proceedings against Zee LearnAxis Bank has filed a petition before the National Company Law Tribunal (NCLT) seeking insolvency proceedings against Zee Learn, the educat...
- NCLAT may hear Zee Entertainment petition todayZEEL has challenged the NCLT order on the grounds that it was not provided adequate opportunity to present its side of the argument and tha...
- ZEE Entertainment to move appellate body against NCLT orderOn May 11, the Mumbai bench of the NCLT directed the National Stock Exchange and the BSE to reconsider their respective initial approvals f...
- DHFL jumps 5% ahead of creditors meeting on debt resolutionThe Mumbai bench of the NCLT had admitted the company for insolvency resolution on December 2.
- IBC proceedings: A status report after year 1Essar Steel, Amtek Auto, Bhushan Steel, Alok Industries, Electrosteel, Bhushan Power & Steel, Monnet Ispat and ABG Shipyard are currently f...
- McDonald's likely to challenge NCLT order on Vikram BakshiWith no signs of resolution of the conflict between the company and its JV partner in sight, 43 outlets of the fast food chain in the Capit...
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