Private equity firm KKR is investing up to $310 million in PMI Electro Mobility and its e-bus unit Allfleet. KKR will acquire a minority st...

The insolvency tribunal NCLT has granted Punj Lloyd an extension for its liquidation process. The deadline is now March 12, 2026. This deci...

Raveendran has filed a writ petition in the Karnataka High Court for suspending the National Company Law Tribunal (NCLT) order until the NC...

Gujarat-based Sterling Biotech is the world’s sixth-largest manufacturer of pharmaceutical gelatin and owes over Rs 8,100 crore to financia...

A bench comprising Justices D Y Chandrachud and A S Bopanna set aside the verdicts of NCLT and NCLAT which had asked the company to try to ...

In a representation to the Finance Ministry, the chamber said that given the increasing pressure on businesses, it would be imperative to e...

DGCA has cancelled critical authorisations to Jet Airways’ engineering department.

The government had earlier set a target of setting NCLT in about 24 locations but so far NCLT courts exist in only 14 cities, including new...

There has to be timely outcomes within 180 days failing which there will be the credible threat of liquidation.

However, a counsel for Religare Enterprises, which was also a respondent in the case, said there were allegations against the company of si...

Kumar further said in case of any violation of enacted law by CoCs comes into notice in examining the business restructuring plan and propo...

A group of OCs has already moved an intervention petition at the NCLT accusing the RP of ignoring their interest and seeking their involvem...

Essar’s Committee of Creditors (CoC) decided to invite bids from all those who had submitted EoIs before April 2.

Binani’s plea of withdrawing the petition brings another legal grey area.

This comes on top of an average 40 per cent hike in cost of raw material in last nine months almost half of which is imported from China.

Implementation of the existing legal provisions is crucial to punishing errant promoters, who had defaulted on bank loans, said Gupta.

Addressing a press conference here, Mehta said that currently the act was implemented partially and the unimplemented sections related to N...