A division bench of tribunal, presided over by judicial member Bhaskara Pantula Moha and technical member Shyam Babu Gautam, allowed ED two...

A three-member bench headed by Chairperson Justice S J Mukhopadhaya also said the Enforcement Directorate will probe and ascertain whether ...

The tribunal also said the promoters will have to settle their case with the creditors within a specified period.

The company's promoters, Chetan Sandesara and Nitin Sandesara, are absconding and believed to be in Africa.

Besides, the appellate tribunal also said that "the Liquidator cannot sell the assets of the premises in question."

The absconding promoters of the Sterling group-- Nitin and Chetan Sandesara--are alleged to have defrauded over Rs 14,500 crore of public m...

NCLAT has issued notices to the CoC and resolution professional of the company directing them to file their replies in next two weeks.

Total dues to the lenders stand above Rs 8,100 crore.

“The tribunal has decided to refer the company for insolvency in a verbal order,” said one of the people.

The NCLT bench presided over by VP Singh and Ravikumar Duraisamy also asked the bond holders of Madison Pacific Trust, who is opposing the ...

The Mumbai bench of the National Company Law Tribunal on Thursday gave 24 hours to the committee of creditors (CoC) to file its response.

Nitin and Chetan Sandesara are absconding and are believed to be abroad and are facing a Delhi court trail to declare them fugitive economi...

The Mumbai-bench of NCLT on Friday stayed its earlier order after the Ministry of Corporate Affairs informed the tribunal that a similar wi...

The Sandesaras have also sought permission to appear in court through their counsel.

The court had earlier this month issued open-ended non-bailable warrants against the four promoters of the Gujarat pharma firm in the case.

On October 23, the ED filed a supplementary chargesheet against seven persons in the court in the money laundering case.

Sterling Biotech today said its promoters pledged 8.86 lakh shares of the firm on June 16, following which the total stake in the company p...