NCLT approves Chemhub's resolution plan for Pancard ClubsChemhub Tradelink's plan for Pancard Clubs, approved by NCLT, involves Rs 8,900 crore debt claims with 8% recovery for creditors. The resol...
26 Apr, 2024, 09.15 AM IST
NCLT admits insolvency plea against two Essel Group companies on Indiabulls Housing pleaThe Mumbai bench of the National Company Law Tribunal (NCLT), in applications filed by Indiabulls Housing Finance Ltd, also appointed Ravi ...
25 Apr, 2024, 10.51 PM IST
NCLT admits NCR Rail Infrastructure for insolvency resolutionThe National Company Law Tribunal in Mumbai has admitted an insolvency resolution application against NCR Rail Infrastructure due to a defa...
07 Mar, 2024, 10.12 PM IST
NCLT admits Yashraj Containeurs’ voluntary insolvency resolution applicationYashraj Containeurs Ltd has been admitted for voluntary corporate insolvency resolution. Manish Motilal Jaju is appointed as the interim re...
26 Feb, 2024, 10.40 PM IST
NCLT admits plea to initiate insolvency against Sahara Group entity Sahara Q ShopThe Sahara Group company had entered into a service agreement with the Sigma Supply Chain Solution for handling, storage, maintenance, admi...
07 Dec, 2023, 10.57 PM IST
National Company Law Tribunal dismisses fintech firm Simpl co-founder’s pleaThe NCLT has dismissed an application filed by Simpl's co-founder, Nityanand Sharma, seeking the dismissal of an Oppression and Mismanageme...
09 Oct, 2023, 10.13 AM IST
NCLT admits Tulip Hotels into insolvencyAccording to JC Flowers ARC's counsel Nausher Kohli, the hospitality company had defaulted payment under two guarantees in its capacity as ...
18 May, 2023, 07.00 AM IST
Insolvency plea on Dish TV's promoter group company scrappedFormer Dish TV chairman and MD Jawahar Goel, along with his family, is a promoter of Dish TV. Goel is Essel Group chairman Subhash Chandra'...
18 May, 2023, 12.49 AM IST
'Promoters of Essel firm Shirpur Gold diverted assets'The NSE and BSE have alerted the National Company Law Tribunal (NCLT) that the promoters of Essel Group's Shirpur Gold Refinery may have re...
12 May, 2023, 12.24 AM IST
Bankruptcy court approves Intas-Shamrock plan for Unimark RemediesThe Mumbai bench of the National Company Law Tribunal (NCLT), comprising judicial member Kishore Vemulapalli and technical member Prabhat K...
18 Apr, 2023, 01.44 PM IST
Yes Bank's claim against Vijay Group Realty rejectedThe bank had moved the dedicated bankruptcy court against the company's insolvency resolution professional's decision to reject the claim a...
21 Dec, 2022, 12.34 AM IST
NCLT admits listed coaching firm MT Educare under Corporate Insolvency Resolution ProcessThe Mumbai bench of the National Company Law Tribunal (NCLT) allowed the company’s operational creditor Connect Residuary to initiate the i...
19 Dec, 2022, 10.27 PM IST
NCLT disposes insolvency plea against Gannon Dunkerley citing settlement talkThe insolvency petition had been filed by Canara Bank, after Gannon Dunkerley defaulted on dues of more than Rs 43.26 crore. Subsequently, ...
09 Nov, 2022, 11.33 PM IST
Sebi moves NCLAT to block resolution of Pancard ClubsThe Securities and Exchange Board of India (Sebi) is investigating Pancard Clubs for allegedly running an unregistered collective investmen...
27 Sep, 2022, 06.26 AM IST
The bankruptcy court admits Pancard Clubs to insolvency resolution processThe petitioners invested approximately Rs 1.55 crore in a holiday timeshare scheme offered by the company, called CIS Holiday Time Share Sc...
09 Sep, 2022, 08.40 PM IST
NCLT allows plea to halt insolvency proceedings against Sahara hospitalityMumbai-based Sahara Hospitality, the owner of Hotel Sahara Star and part of Subrata Roy's Sahara India Pariwar, was admitted under the corp...
29 Jul, 2022, 12.34 AM IST
60 Chinese experts visiting desi mobile company told to leave IndiaSome of the Chinese nationals have valid visas till December 20, some till December 27 while the longest validity is May 2019.
20 Dec, 2018, 09.05 AM IST