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NCLT APPOINTMENTS
SC directs NCLAT, NCLT presidents to submit proposals on infrastructure, staff requirementsThe Supreme Court instructed the presidents of the National Company Law Appellate Tribunal and National Company Law Tribunal to submit prop...
Tata Sons AGM deadline nears as Tata Trusts deadlock clouds votingTata Sons is currently observing the situation involving its majority owners, Tata Trusts, regarding governance issues. The annual general ...
Former financial services secretary Nagaraju Maddirala appointed IL&FS CMD for two yearsNagaraju Maddirala, previously a financial services secretary, has been appointed Chairman and Managing Director of IL&FS. His appointment ...
PMLA court directs ED to monetise NSEL assets, distribute Rs 1,950 crore to 63 Moons under settlement schemeIn a decisive ruling, a special PMLA court has instructed the Enforcement Directorate to sell off properties involved in the NSEL payment d...
NBCC sets Rs 9,620 crore plan to revive 16 stalled Supertech projectsNBCC has launched 25 tenders worth Rs 9,620.33 crore to complete 16 stalled housing projects by Supertech. The National Company Law Appella...
NCLAT allows oppression, mismanagement plea against office-bearers of film producers' body IMPPANCLAT upheld the NCLT's decision to allow a minority group of IMPPA to pursue legal action. The minority members alleged financial mismanag...
Homebuyers of Supertech projects worried over constant delay to approach Supreme CourtHomebuyers of 16 stalled housing projects by Supertech are planning to approach the Supreme Court again. They are frustrated with the lack ...
NCLT admits insolvency plea by Kotak Mahindra Bank against Unity RealtyKotak Mahindra Bank's insolvency petition against Unity Realty and Developers has been admitted by the NCLT. The petition was filed due to ...
Tata companies face a tough call on Chandra vote at AGMTata Group companies are preparing for the upcoming AGM concerning N Chandrasekaran's reappointment as a director. These companies, includi...
Tata Sons tells Noel Tata, Chandrasekaran’s reappointment is valid, rejecting his objectionsTata Sons has affirmed the validity of N Chandrasekaran's reappointment as chairman following a board majority resolution. Noel Tata raised...
Tata Sons plans AGM within a month, may approach NCLT if SRTT freeze blocks quorumTata Sons intends to organize its annual general meeting following a previous deferral due to quorum issues. The company is considering leg...
How will tribunals function if no infrastructure? SC directs Centre to identify amenities requiredThe Supreme Court on Monday directed the Centre to urgently identify infrastructure requirements at National Company Law Tribunal benches i...
Supertech insolvency: NCLAT raises concern over delay in appointing IRP, slippage on deadlineConcerns have been raised by the NCLAT regarding NBCC's significant delays in the construction of Supertech projects, while criticism mount...
All-out war at Bombay House: Trusts calls Chandra's return 'illegal,' Noel fights to keep Tata Sons unlistedTata Sons' board reappointed its executive chairman, N Chandrasekaran, for five years. This decision faced opposition from Tata Trusts' cha...
Trust deficit: Bombay House splits over Tata Sons listing and Chandrasekaran's return as chairmanTata Sons board nominees Noel Tata and Venu Srinivasan clashed on listing and chairman's reappointment. Chandrasekaran's reappointment and ...
Insolvency appeals are time-bound, no leeway beyond 45 days: NCLATThe NCLAT stressed insolvency proceedings are time-bound and appeals must be filed promptly. An appeal against a revival order was rejected...
Subhash Chandra opposes NCLT’s five-member bench in personal insolvency caseDuring a recent hearing on a repayment plan challenge, Subhash Chandra, chairman of Essel Group, contested the constitution of the NCLT ben...