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RAVIKUMAR DURAISAMY
Ashishkumar Chauhan quits as CEO of BSEThe BSE has appointed an executive management committee (EMC) comprising chief regulatory officer Neeraj Kulshrestha, chief financial offic...
Race for top positions at BSE and NSE enters the final lapI have applied for NSE and BSE for the MD & CEO post, and I have not received any intimation for interaction. Received a mail from consulta...
DHFL lenders to decide payout for small investorsThe National Company Law Tribunal, which approved Piramal Group’s resolution plan for DHFL last week, has placed several conditions in its ...
Empee Sugars withdraws its insolvency petitionThe sugar producer with a registered office at Naidupet and two sugar plants, in Andhra Pradesh and Tamil Nadu, had claimed heavy losses wh...
NCLT posts SBI, Anil Ambani case hearing to June 30Last week, SBI had moved the insolvency court to recover more than Rs 1,200 crore from Ambani under the personal guarantee clause of the ba...
Ex-directors of DHFL seek to be part of Committee of Creditors“The administrator of DHFL is not allowing us with the arguments that the board is not replaced like normal corporate insolvency resolution...
Government asks NCLT to freeze assets of IL&FS unit’s former auditorGovernment’s counsel has asked the NCLT to pass an order to freeze accounts of former auditors.
NCLT allows the Ministry of Corporate Affairs plea to implead 22 more partiesThe latest move to implead 22 parties includes leading auditors - Deloitte and BSR & Associates, an affiliate of KPMG.
Jet Airways creditors asked to submit claims by July 4Jet owes over Rs 8,500 cr to a consortium of 26 banks led by SBI, and over Rs 13,000 cr to vendors and staff.
Jet Airways hits 10% lower circuit as NCLT accepts insolvency pleaThe stock is due to be excluded from the F&O segment with effect from June 28.
Jet: Pilots,engineers unions, 2 Dutch vendors want to be made parties; hearing from ThursdayWhile, the pilots and engineers unions want to be made party to the case, the representatives of two Dutch firms want the tribunal's nod to...
Madison Pacific opposes withdrawal of Sterling Biotech bankruptcy caseThe NCLT bench presided over by VP Singh and Ravikumar Duraisamy also asked the bond holders of Madison Pacific Trust, who is opposing the ...
Government to charge Axis, StanC, Bawa & wife with contempt of NCLTThe ministry is filling two applications and a petition against Bawa and his wife and the banks after it has come to light that the parties...
Kotak Mahindra Bank moves NCLT against BILT unitBILT Graphic was on the so-called second list of 29 defaulting companies of RBI.
Plea against Valecha unit for Rs 105-cr defaultThe tribunal has also appointed Udayraj Patwardhan as interim resolution professional (IRP) for the resolution of the company.
Nirav Modi scam: Government seeks more time to file progress reportThe ministry asked for more time from the National Company Law Tribunal (NCLT) to submit the progress report on the investigations.
Hindrance to resolution professional’s work will amount to Contempt of CourtAny hindrance to a resolution professional’s (RP) work would now be treated as contempt of court, potentially inviting criminal proceedings.
How NCLT shielded RP rebuking promoterAny hindrance to a Resolution Professional’s (RP) work would now be treated as contempt of court, potentially inviting criminal proceedings.
NCLT allows ex-brass of IL&FS to withdraw Rs 2 lakh per monthOn January 16, these former directors had approached NCLT seeking clarification on its earlier order that restrained them from disposing of...
Pay PF dues before repaying creditors, NCLT tells liquidator of Precision FastenersEmployees' Provident Fund Organisation (EPFO) had earlier attached assets of Precision Fasteners for not depositing the provident fund mone...