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RECONSTITUTION OF NCLT
Reconstitution of NCLT Mumbai further delays Vedanta demerger; next hearing on November 12In a setback for Vedanta, the National Company Law Tribunal has delayed its demerger proceedings once more, rescheduling the hearing to Nov...
NCLAT sets aside direction for forensic audit of Golden Tobacco, reinstates Resolution ProfessionalThe National Company Law Appellate Tribunal (NCLAT) has overturned the National Company Law Tribunal's (NCLT) orders regarding Golden Tobac...
Byju's founder challenges NCLT order to appoint new creditor committeeRepresenting Raveendran, senior advocate S Guru Krishna Kumar, argued that the tribunal, which found lapses in the former RP's conduct, sel...
NCLT approves Shailendra Ajmera as new resolution professional of Byju’s parent firmEarlier, the tribunal directed the committee of creditors (CoC) to submit its recommendation on the appointment of a new RP after the NCLT ...
NCLT defers appointment of new resolution professional for Think & LearnThis follows the NCLT finding lapses in the resolution professional Pankaj Srivastava’s conduct and seeking disciplinary proceedings agains...
NCLT ordered to decide on BCCI withdrawal plea in Byju’s case within a weekThe appeal was filed by Byju’s suspended director Riju Ravindran against the non pronouncement of the order on the withdrawal application b...
Byju’s case: Glas Trust, Aditya Birla Finance inducted into CoCThe tribunal has also directed the CoC to submit their recommendation on the appointment of the resolution professional. Glas Trust had ear...
NCLT reserves ruling on Byju’s creditor appeals, BCCI insolvency petitionGlas Trust and Aditya Birla Finance were initially part of Byju's CoC. Later, when insolvency resolution professional Pankaj Srivastava rec...
NCLT questions Byju’s RP over CoC reconstitution and governance issues amid insolvencyThe NCLT Bengaluru bench questioned Byju’s insolvency resolution professional (RP) Pankaj Srivastava over the reconstitution of its credito...
Zee Entertainment tanks 5% after Bombay HC allows NCLT to hear Invesco appealAs per the latest order, Zee Entertainment Enterprises can approach the Supreme Court against the High Court order within three weeks. If t...
Dish TV to hold AGM on December 30"The board of directors of the company vide circular resolution dated December 3, 2021 have approved the convening of the 33rd AGM of the e...
NCLT Mumbai adjourns Invesco case against ZEE till December 14Last month, the Bombay High Court had granted an injunction against Invesco, the largest shareholder of ZEE, over the requisition notice fo...
Give Zee reasonable time to respond to Invesco plea: NCLAT tells NCLTEarlier, amid the spat, Zee Chairman Emeritus Subhash Chandra asked Invesco to make an open offer and take over the company if it wants, an...
NCLAT reserves order in ZEE’s plea for more time to file reply in Invesco matter in NCLTAppearing for ZEE, senior counsel Navroz Seervai submitted to NCLAT that the tribunal had allowed the company “only 36 hours to file a repl...
Invesco drags ZEE to NCLT seeking EGM for board reconstitutionOn September 11th, Invesco-owned Invesco Developing Markets Fund and OFI Global China Fund LLC had sent a notice to the ZEE board, seeking ...
Estranged family of Gati promoter want board reconstitutedBrothers Dhruv and Manish with their mother Neera Agarwal approached the Hyderabad bench of the NCLT seeking tribunal’s intervention in the...
IL&FS Transportation appoints Shaivali Parekh as CFO"The meeting of the Board of Directors held today. The board has appointed Shaivali Parekh as Chief Financial Officer (CFO)...effective Dec...