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NCLT ORDERS REPAYMENT
NCLAT revives insolvency proceedings against Chintamani's Jewellery Arcade on Axis Bank pleaInsolvency proceedings against Chintamani's Jewellery Arcade have been revived by the NCLAT after Axis Bank filed a restoration application...- NCLT admits SBI plea for personal insolvency proceedings against Anil AmbaniMumbai NCLT has admitted SBI's plea to start personal insolvency proceedings against Anil Ambani. This follows a Rs 1,200 crore claim by th...
- NCLT admits insolvency plea against Supreme Housing & HospitalityThe National Company Law Tribunal has admitted Canara Bank's insolvency plea against Supreme Housing and Hospitality. The real estate firm ...
- SC restores SBI-led lenders' rights in Reliance InfratelThe Supreme Court has reinstated the SBI-led consortium as financial creditors of Reliance Infratel. The consortium is owed ₹3,628 crore. T...
- NCLT orders insolvency proceedings against Venugopal Dhoot as personal guarantorInsolvency proceedings have begun against Venugopal Dhoot, former chairman of Videocon. The National Company Law Tribunal directed this act...
- NCLT orders ex-promoters of HNG to repay defrauded Rs 42 cr amount to debtorsThe NCLT has ordered Hindusthan National Glass & Industries' former promoters to return ₹42.46 crore, which they allegedly misappropriated,...
- NCLAT stays insolvency proceedings against Reliance InfrastructureReliance Infrastructure in its latest regulatory filing said that the National Company Law Appellate Tribunal (NCLAT) has stayed an NCLT or...
- Jaiprakash Associates Insolvency: NCLAT asks ICICI to consider one-time settlement proposalNCLAT issues notice to ICICI Bank over Jaiprakash Associates Ltd's one-time settlement proposal, opposed by creditors. JAL aims to pay debt...
- NCLT rejects JAL's claim of liquidity crunch due to delay in govt approvals, litigationsJAL has submitted that it is an "asset rich company", even after sale of cement plants to resolve the loans under Bucket 1 and Bucket 2A, a...
- NCLAT stays insolvency proceedings against BilcareThe appellate tribunal will hear the matter further on December 7. Before the appellate tribunal's order, the Mumbai bench of the National ...
- Bankruptcy proceedings to begin against Radius promoter ChhabriaThe Mumbai bench of the National Company Law Tribunal (NCLT) passed the order on a petition filed by Beacon Trusteeship.
- Rabobank's insolvency petition against Coffee Day Global dismissedIn a ruling uploaded on its website on Wednesday, the Bengaluru bench of NCLT comprising Justice Ajay Kumar Vatsavayi and member technical ...
- NCLT admits insolvency resolution plea against Kumar Urban DevelopmentA division bench of the tribunal headed by judicial member HV Subba Rao and technical member Chandra Bhan Singh passed the order on April 2...
- NCLAT sets aside insolvency proceedings against Sarda Agro OilsIn an order, a three-member bench of the NCLAT said the date of default is computed from the date of declaration of account as a NPA (Non P...
- NCLAT dismisses RNA plea against insolvency proceedingsThe bank had filed the petition under Section 7 of the Insolvency and Bankruptcy Code (IBC), 2016, which sought the resolution process clai...
- NCLT directs Era Infra RP to admit ICICI Bank as financial creditorThe resolution professional (RP) had declined to accept ICICI Bank's claims worth Rs 700 crore.
- Lenders approve promoter’s resolution plan for MBL InfraSBI, PNB and RBL Bank are among the lenders that have now voted in favour of the promoter’s resolution plan.
- Lenders to mull over Binani Cement’s out-of-court settlement pleaAccording to the agreement between Binani Industries and UltraTech, the former would sell its 98.43% shareholding in the cement business to...
- Supreme Court stalls government's move to take over UnitechThe top court had said earlier that the company law tribunal should have taken its leave before allowing the Centre to take over the manage...
- IDBI moves Supreme Court against stay of insolvency proceedings against Jaypee InfratechSenior advocate A M Singhvi, appearing for the bank, said the Jaypee group was in charge of the company again because of yesterday's apex c...
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