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...
Karnataka forms SIT to crack down on insurance claim fraudsThe move follows an apex court order, which instructed state administrations to set up dedicated mechanisms to fast-track investigations in...
Subhash Chandra moves NCLAT, challenges NCLT 5-member bench order against alienation of assetsSubhash Chandra has approached the NCLAT challenging a five-member NCLT bench order that stayed a third member’s decision approving his Rs ...
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...
Yes Bank moves SC against forensic audit in Fortis share sale issueYes Bank has approached the Supreme Court challenging a recent Delhi High Court directive. The court ordered a forensic audit into the sale...
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...
NCLT rejects Jet Airways' liquidator plea seeking Rs 500 crore from BoeingThe National Company Law Tribunal dismissed Jet Airways' plea for a refund from Boeing. The tribunal cited a contractual dispute over advan...
Rentomojo to raise Rs 1,256 crore via IPO; rich valuation a concernRentomojo plans a ₹150 crore fresh issue and ₹1,105.6 crore offer for sale. The company shows strong revenue growth and improving profitabi...
Peerless Roys win 3-decade legal battle for control of 94-year conglomerate after Supreme Court rulingThe Roy family has secured control of the Peerless conglomerate after a long legal dispute. The Supreme Court dismissed a petition, ending ...
Supreme Court dismisses BDPL's plea, brings one of India's longest-running corporate disputes to endThe Supreme Court dismissed Bhagwati Developers’ appeal against the NCLAT judgment, bringing finality to a more than three-decade corporate...
NCLT approves Shree Naman's Rs 1,800 cr bid for Gstaad, Neo HotelsThe bankruptcy court in Mumbai has greenlit Shree Naman Developers' ambitious acquisition valued at ₹1,800 crore for two hotel establishmen...
NCLT stays disposal of Byju's K3-linked assets auctioned for Rs 16 cr, flags valuation concernThe insolvency tribunal NCLT has ordered a status quo on Byju's K3 Education's assets. Assets worth Rs 150 crore were allegedly sold for on...
NCLAT sets aside Zaveri Group's bid for Gujarat Hydrocarbons and Power SEZThe NCLAT has overturned Zaveri Group's resolution plan for GHPSL. This decision mandates a restart of the insolvency process with new bids...
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...
Subhash Chandra insolvency case: NCLAT defers hearing to October 7NCLAT has deferred the insolvency proceedings against Zee founder Subhash Chandra to October 7 after his counsel challenged the constitutio...
Subhash Chandra's dissenting lenders Canara Bank, Union Bank move NCLAT against NCLT orderDissenting lenders have challenged the NCLT order approving Subhash Chandra's personal insolvency plan. The Essel Group chairman's plan pro...