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NCLT CLEARANCE
BRND.ME converts into public company, eyes IPO in 12-18 monthsBRND.ME, formerly Mensa Brands, has converted into a public company after shifting its corporate base to India. The consumer brands platfor...
Government operationalises amended insolvency law, sets 14-day admission deadline for NCLTOn May 26, significant updates to the insolvency law took effect, geared towards hastening the resolution of companies facing bankruptcy. T...
Coforge closes acquisition of Cigniti after NCLT clearanceCoforge has completed the acquisition of Hyderabad-based Cigniti Technologies after receiving shareholder approval and clearance from the N...
Iron out ‘reverse flipping’ kinks: Startups tell govtStartup Policy Forum (SPF), an industry group representing over 50 new-age companies, in a communication to the Ministry of Corporate Affai...
Zepto completes domicile shift from Singapore to IndiaQuick commerce platform Zepto has completed the reverse merger from Singapore to India ahead of its initial public offering (IPO), chief fi...
NCLT sanctions Star-Viacom18 merger scheme after CCI clearanceThe Mumbai bench of the National Company Law Tribunal has approved the merger between Star India and Reliance Industries Limited's Viacom18...
Proposal afoot to expand NCLAT strength to 20The Indian government is considering an important proposal to increase the number of members in the National Company Law Appellate Tribunal...
Govt mulls substantially expanding NCLAT strength to speed up insolvency, M&A appealsThe government is reportedly considering a proposal to increase the number of members in the National Company Law Appellate Tribunal (NCLAT...
Most NCLT vacancies filled, govt eyes faster clearancesThe Ministry of Corporate Affairs (MCA) is aiming for faster approvals of merger and acquisition (M&A) deals and quicker resolution of inso...
NCLT directs NSE, BSE to 'reassess' approvals for Zee-Sony mergerThe division bench, headed by judicial member HV Subba Rao and technical member Madhu Sinha, will now hear the case on June 16. In its May ...
Sebi streamlines approval process for change in control of portfolio managerAccording to the regulator, an online application needs to be made to the markets regulator for prior approval through the Sebi Intermediar...
Delhi HC adjourns Amazon-Future case to MondayFRL had approached the NCLT seeking approval for a shareholder meeting to get clearance for its plan to sell assets to Reliance Retail. Ama...
UVARCL to move SC against NCLAT order preventing Aircel from selling spectrumUVARCL, which has the clearance of the National Company Law Tribunal (NCLT) to acquire Aircel, will approach the SC in the next couple of d...
NCLT approves Vedanta Group’s resolution plan for VideoconVedanta's offer of a little over Rs 3,000 crore for 13 companies belonging to the Videocon Group was far below the expectations of lenders,...
Jet is going to be a premium, full service carrier: Murari Lal JalanJet Airways will fly 4-6 months after getting NCLT clearance.
Lockdown stalled NCLT clearance for Rangit Stage IV Hydroproject in SikkimAfter emerging out as the highest bidder under a resolution plan for insolvency bound Hydropower Company Jal Power Corporation's 'Rangit st...
NCLT tells Bandhan to seek shareholders’ nodNCLT has dispensed with requirement of the meeting .
Mumbai's NCLT to get more judges for speedy clearanceWith a sharp rise in cases handled, 4 judges & 2 benches may be added.
Idea seeks NCLT nod for Vodafone mergerShares of Idea Cellular rose to an intraday high of Rs 95.45 on the Bombay Stock Exchange Tuesday, before closing 1.3 per cent down at Rs 9...
- NCLT may be free to sell sick companies' assets
THE government has proposed to allow the National Company Law Tribunal to dispose of some assets belonging to sick industrial units ahead o...