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KOLKATA NCLT
Vikram Solar shares fall 3% after NCLT admits insolvency petition against the company. Here's whyVikram Solar shares declined after the NCLT admitted an insolvency petition filed by Isitva Steels over alleged dues linked to civil works ...- NCLT sees 43% rise in debt resolution cases: IBBIIBBI marks 2023-24 as significant, NCLT sees 43% more resolutions. 'Mediation' in IBC, prepack insolvency for large corp. Outputs surpass i...
- NCLAT dismisses Kesoram's appeal in Birla Tyres insolvency caseKesoram Industries' appeal against the National Company Law Appellate Tribunal's Kolkata ruling rejected its claim of being a financial cre...
- TCL gets NCLT Kolkata nod for merger with Tata Consumer Products, TCPL Beverages & FoodsTata Coffee Ltd's merger with Tata Consumer Products and TCPL Beverages & Foods gets NCLT Kolkata's nod, enhancing operational efficiency. ...
- NCLT approves Tata Steel Mining's resolution plan for Rohit Ferro-TechOn June 6, 2021, Tata Steel had informed that the Committee of Creditors (CoC) in terms of the Corporate Insolvency Resolution Process of t...
- NCLAT directs NCLT to decide over SREI's plea against rights issue of Trinity Alternative InvestmentA two-member NCLAT bench, while disposing of SREI Infrastructure Finance Ltd (SIFL) petition observed that the National Company Law Tribuna...
- SEFL debt repayment: After banks, regulators to appeal against NCLT orderBanking sources told TOI that the RBI too will file a petition in the coming days as the NCLT had stopped all government or regulatory auth...
- Challenge to transfer order: NCLT member joins new posting in Kolkata, HC toldThe acting president of NCLT, BSV Prakash Kumar, by April 30 and May 12 orders, had shuffled the posting of the NCLT members, which has bee...
- NCLT transfers eight members with immediate effect"The members shall move to their new stations of posting, after lockdown restrictions on movement are withdrawn by the central government a...
- TGBL hits all-time high on nod for merger with Tata Chemicals’ consumer bizThe shares of Tata Global Beverage were trading at Rs 351.85, up 3.09 per cent.
- Gujarat NRE Coke former promoter to be ineligible to negotiate with creditors: NCLATJindal Steel and Power, which is an unsecured creditor of Gujarat NRE Coke, had challenged an NCLT order that allowed the promoters to sett...
- NCLAT quashes insolvency proceedings against Bharat Road NetworkThe appellate tribunal also observed that CoC (Committee of Creditors) was not formed and promoters has cleared the amount claimed by the f...
- Resolution Professional allows representation of Binani's operational creditorsOperational creditors are allowed if their exposure is at least 10 per cent of the debt, which is not the case for Binani Cement.
- Binani war to drag further, Dalmia may contest NCLT orderThe Dalmia Bharat Group expressed surprise over NCLT's order asking Binani Cement's Committee of Creditors to consider the revised bid by U...
- 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.
- Any move on Facor liquidation only after NCLT rulingFacor’s committee of creditors (CoC) had rejected all resolution plans and conveyed the same to the NCLT on April 2.
- SBI Hong Kong branch challenges Binani Cement resolutionSBI’s Hong Kong branch had given a loan to a subsidiary of Binani Cement.
- Burn Standard files resolution plan before NCLTThe insolvency resolution plan includes a Rs 417 crore financial package to pay back creditors and suppliers and includes voluntary retirem...
- NCLT extends time period for Corporate Insolvency Resolution Process for Electrosteel Steels LimitedThe order was passed by the Kolkata Bench of NCLT on December 19, 2017, Electrosteel Steels informed the BSE on Thursday. The scrip rose 0....
- How SC creates a precedent for NCLTAlthough outstanding claims are paltry, the SC order has expanded the legal remit in bankruptcy cases. Article 142 of the Constitution empo...
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