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NCLT LEGAL BATTLE
Byju’s-Aakash settlement talks enter final stretch ahead of NCLT hearingSettlement talks are underway between Manipal Education and Medical Group and GLAS Trust, representing Byju's US lenders, to resolve the Aa...
Family Trusts need a rethink: DPDP, PMLA rules collide with informal promoter structuresIndia's family businesses face a complex succession era due to evolving regulations and generational differences. Law firms like Veritas Le...
Prosus stake in Byju’s worth zero: HSBCThis comes at the time of Byju's controversial $200 million right issue at 99% discount to its peak valuation of $22 billion, meaning any i...
NCLT's Go First ruling may hike aircraft leasing costs: executivesThe Indian bankruptcy court's decision to allow Go First's voluntary insolvency petition and bar aircraft lessors from repossessing the car...
Cyrus Mistry had fought long-drawn legal battle with Tata GroupIn December 2016, Mistry and two of his family-run firms, namely Cyrus Investment Pvt Ltd and Sterling Investment Corporation Pvt Ltd moved...
NCLT gives nod to creditors, shareholders of Reliance Retail to hold meetings for proposed Future Group dealThe Mumbai bench of NCLT, led by Suchitra Kanuparthi, allowed the application by Reliance Retail's creditors and shareholders to convene me...
NCLT to hear Future’s plea on Reliance Retail deal todayThis will be the first hearing for Future Retail’s application in the NCLT after an earlier one was deferred following the Delhi High Court...
NCLT allows RP 90 more days to complete RCom insolvencyRP petitioned for an extension as its 180 days period to complete RCom's resolution would get over in Oct.
‘No one’s thinking of the homebuyer’Flats in Wish Town were booked mostly between 2008 and 2009 and should have been ready by 2011-2012. However, the deliveries stopped after ...
Reliance Communications Ltd lays out debt resolution planRCom, controlled by businessman Anil Ambani, last week said it will seek fast-track resolution through India's National Company Law Tribuna...
Tata Sons welcomes NCLT order dismissing Cyrus Mistry's pleaTata Sons hopes that a finality will be given to the judgement of NCLT, Mumbai by all concerned in the larger interest of companies, the sh...
RCom reaches pact with minority investors of Infratel; moves closer to truce with EricssonA truce between Ericsson and the telco appeared imminent, with both sides veering towards Rs 600-700 crore as settlement amount that would ...
Sales rise at Vikram Bakshi-run McDonald's“We can’t compare the January-March 2017 quarter with January-March 2018, with many stores being non-operational in January and February th...
ArcelorMittal moves NCLT against Resolution Professional over rejection of Essar Steel bidEssar’s Committee of Creditors (CoC) decided to invite bids from all those who had submitted EoIs before April 2.
Battle for Binani Cement may end up in SC: R S Loona, Alliance LawBinani’s plea of withdrawing the petition brings another legal grey area.
NCLT admits Essar Steel’s insolvency case, Satish Kumar Gupta appointed as IRPAfter losing a battle at Gujarat High Court, Essar Steel got engaged with legal tussle at NCLT, where SBI and SCB fought to ensure admissio...
NCLT to pronounce Essar Steel’s insolvency order on WednesdayAfter losing an intense legal battle at Gujarat High Court, Essar Steel is again back at NCLT, where SBI and SCB is fighting to ensure admi...
Cyrus Mistry appeals against NCLT rejecting waiver plea in Tata caseUnder the current rules, only a shareholder with more than 10 per cent effective shareholding can file a minority interest petition with th...
Tata Sons files complaint with Sebi against Cyrus Mistry for allegedly making 'sensitive' info publicTata Sons asked the regulator to investigate Mistry and his family firms for violating insider trading regulations and stop them from shari...
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.