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NCLT ADJOURNED CASE
FinMin advises banks to speed up IBC resolutionsBanks are urged by the finance ministry to work together on insolvency cases. This aims to get more money back and resolve issues faster. A...- NCLT adjourns hearing on Bhushan Power & Steel's promoter plea for a monthThe National Company Law Tribunal has postponed the hearing on Bhushan Power & Steel's case. Sanjay Singhal, the former promoter, filed a p...
- FinMin asks banks to closely monitor cases in NCLT, NARCL to minimise procedural delaysThe Finance Ministry urged banks to expedite bad loan resolutions through NARCL and NCLT by minimizing delays. An integrated portal is bein...
- Zee-Sony merger: NCLAT adjourns hearing over Axis Finance plea to FridayThe appellate tribunal on Friday will hear another plea filed by private lender IDBI Bank, which has also challenged the August 10, 2023, o...
- NCLT adjourns Sony-Zee merger case to July 10Appearing for Zee Entertainment Enterprises Limited (ZEEL), Senior Advocate Janak Dwarkadas said that the scheme of arrangement between ZEE...
- Sintex Industries resolution delay makes lenders wait longer for recoveryThe said shareholder had opposed the decision, citing suspension of the company's stock from trading before the case was admitted in NCLT w...
- NCLT orders insolvency proceedings against Birla TyresNCLT has ordered the initiation of insolvency proceedings against Birla Tyres Ltd in a case filed by multi-business chemicals firm SRF Ltd,...
- NCLT Mumbai adjourns Invesco case against ZEE till December 14Last month, the Bombay High Court had granted an injunction against Invesco, the largest shareholder of ZEE, over the requisition notice fo...
- Need legal provisions to have superintendence and control over NCLT, says appellate tribunal NCLATThe appellate tribunal observation came while passing an order passed over a petition filed by the resolution professional (RP) of Internat...
- NCLT to start hearing urgent matters through video conferencing from TuesdayThe NCLT has asked that all advocates, litigants and others who would be part of the hearings to dress formally while addressing the video ...
- National Company Law Tribunal to not accept any fresh filings till March 27The NCLT Registrar advised that until filing counters are open, parties are directed not to make filings unless the matter is likely to be ...
- Deloitte Haskins and Sells questions NCLT ambitDeloitte Haskins and Sells challenged Centre’s plea at NCLT that seeks a five-year ban on former auditors of IL&FS Financial Services (IFIN...
- BSR case: Ministry of Corporate Affairs weighs options to challenge HC orderThe development comes a day after the Bombay High Court temporarily stayed the proceedings against KPMG-affiliated audit firm BSR & Associa...
- Essar Steel insolvency case: NCLAT asks NCLT Ahmedabad bench to expedite decisionThe matter is listed at NCLT Ahmedabad on January 7 for next hearing.
- Power Finance Corp moves NCLT, files insolvency plea against Rattan IndiaPassing an order on September 11, the apex court had asked the banks not to file any insolvency cases till November when it would hear the ...
- How inordinate delays can ruin the purpose of bankruptcy codeNCLT’s strict adherence to the 270-day ceiling is critical. The Essar matter sheds light on the issues that may ensue if things continue un...
- NCLT adjourns Monnet Ispat case hearing till MayThe presiding judge questioned senior counsel for the resolution professional Ravi Kadam on the loans given out by Monnet Ispat to companie...
- NCLT hearing in RCom case adjourned to JanuaryThe joint lenders forum managing the recast of RCom’s debt will have a meeting this month-end, the counsel representing them told the NCLT.
- McDonald's case: NCLAT adjourns hearing till November 16McDonald's has moved the Delhi high court to enforce the London Court of International Arbitration (LCIA) award that directed Bakshi to sel...
- Supreme Court adjourns hearing in Jaypee Infra case to September 4Supreme Court has asked around 300 homebuyers to file the consolidated petition and to avoid the multiplication of cases.
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