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NCLT OWNERSHIP TRANSFER
NCLT approves Mantra Properties’ resolution plan for stalled project in WorliThe NCLT Mumbai Bench has approved Pune-based Mantra Properties & Developers’ resolution plan to revive a stalled Worli residential project...- 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...
- Jaypee Golf Club members in Noida seek clarity as Adani takeover of JAL nearsJaypee Golf Club members face uncertainty as Jaiprakash Associates' insolvency nears conclusion. Members demand clarity from the Resolution...
- NCLT gives all parties 8 days to complete procedural issues for ownership transfer of RCAP to IIHLThe NCLT has granted an additional eight days to complete procedural issues for the ownership transfer of Reliance Capital to IndusInd Inte...
- Jet Airways ownership transfer: SC agrees to hear lenders' appeal against NCLT orderWhile the bench was initially inclined to issue notice to JKC and the monitoring committee on the SBI’s appeal, it accepted the counsel’s r...
- SC issues notice to JKC and Jet Airways on SBI-led consortium's petition challenging NCLAT's March orderThe Supreme Court issued notices to Jet Airways and the Jalan Kalrock Consortium after a consortium led by State Bank of India challenged t...
- Nazara Tech, Resurgent consortium bidders for SmaaashSmaaash owes creditors led by Edelweiss ARC about Rs 452 crore. Other lenders to the company are Yes Bank, Sidbi and Mabella Investment Adv...
- Smaaash's RP invites resolution plans for a 3rd timeProspective bidders have been given time until December 23 to submit fresh resolution plans with January 2, 2024 being set as the date for ...
- Tribunal sets aside 'fraudulent' transfer of Smaaash brandThe Mumbai bench of the National Company Law Tribunal (NCLT) has invalidated the change of ownership of the "Smaaash" brand, labeling it a ...
- Jet Airways CoC says NCLAT may withdraw petition if JKC pays Rs 350 croreThe Committee of Creditors (CoC) of Jet Airways said it may not pursue its appeal following the receipt of Rs 350 crore ($47m) from Jalan K...
- Jalan Kalrock’s deadlock with Jet Airways’ banks continuesBefore the National Company Law Appelate Tribunal (NCLAT), banks said saying the consortium hasn’t infused any money to repay creditors whi...
- Lenders seek stay on Jet's transfer to Jalan-Kalrock ConsortiumThe NCLT had approved the transfer of Jet Airways' ownership on January 13, despite the lenders' contention that the consortium had not ful...
- Jet Airways zooms after NCLT nod for ownership transfer to JKCThe NCLT on Friday ruled that the winning bidder can be handed over the airline and will be granted six months starting November 16, 2021, ...
- NCLT approves Jalan Kalrock ownership of Jet AirwaysThis comes as the consortium has appealed to the Supreme Court against a separate ruling by the National Company Law Appellate Tribunal (NC...
- Jet Airways lenders, ‘buyer’ clear runway for deal to take offThe 15-month delay after the National Company Law Tribunal (NCLT) had approved the plan has made lenders wary of the consortium's promises.
- NCLT directs DoT not to suspend Aircel’s spectrum licenseThe battle between Aircel , which keeled under a debt of Rs 26,000 crore, and Department of Telecommunications (DoT) started when the latte...
- SBI restrained from selling Videocon’s overseas assetsIf SBI is allowed to execute sale as advertised, the Videocon group may suffer an irreparable loss.
- SBI stopped from selling Videocon overseas assets"The SBI is hereby prohibited to go ahead with the advertisement and directed to maintain the status quo till the decision is pronounced on...
- NCLT reserves order on Mistry plea to transfer caseMistry was ousted as Tata Sons chairman on October 24, 2016, and also removed as a director on the board of the holding company on February...
- Cyrus Mistry seeks transfer of pleas against Tatas to Delhi benchThe transfer pleas filed by the two investment firms scheduled for hearing tomorrow before the Principal bench of the NCLT headed by Chairm...
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