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TRIBUNAL BANKERS
NCLT order to revalue Acil assets raises fears of resolution delaysA two-judge bench of the National Company Law Tribunal (NCLT) in Delhi has sought revaluation of assets in a more than three-year old case ...13 Oct, 2021, 06.37 AM IST- NCLT indicts PSBs on insolvency mandatesIt has indicted the dissenting banks for failing to clearly spell out their alternatives instead of just dissenting the resolution plan.14 Dec, 2020, 05.00 PM IST
- Gail moves appellate court to challenge Alok Industries resolution planGail has opposed the resolution plan because it did not consider the government-owned gas and petrochemical company’s claims.11 Jun, 2019, 03.05 PM IST
- NCLT refers Sterling Biotech for liquidation“The tribunal has decided to refer the company for insolvency in a verbal order,” said one of the people.10 May, 2019, 10.18 AM IST
- Sterling SEZ: NCLT gives an earful to bankers, orders their personal presence FridayNitin and Chetan Sandesara are absconding and are believed to be abroad and are facing a Delhi court trail to declare them fugitive economi...25 Apr, 2019, 09.54 PM IST
- NCLT orders insolvency proceedings for IDEB projectsThe National Company Law Tribunal (NCLT) has ordered corporate insolvency resolution process for IDEB Projects.01 Apr, 2019, 01.12 PM IST
- How a banker ran into a crafty borrower and almost ended up becoming the fall guyAlmost every one, down to junior officials, received his periodic gifts and invitations to beauty contests at hill stations.14 Apr, 2018, 11.47 PM IST
- DRT asks banks to amend prayer in IndiGo, GoAir caseThe consortium led by Oriental Bank of Commerce should pray for a direction to the Airbus to deposit the money received in the future from ...23 Jan, 2017, 11.15 AM IST
- Kingfisher Airlines application: DRT may pass order on July 7Bankers' counsel prayed that application not be allowed 'according to its whims and fancies' and that the limitation period of the right to...05 Jul, 2016, 11.49 PM IST
- Standard Chartered denies allegation on SBI-led consortium's collusion with Vijay MallyaThe bankers' counsel had said, "If the bankers had colluded with Mallya, we would not have been waging a court battle against the high-prof...16 Jun, 2016, 10.00 PM IST
- Standard Chartered Bank alleges Mallya colluded with banks led by SBIDRT had barred Mallya from withdrawing $75 million exit payment from Diageo till the disposal of the case over the loan default by Kingfish...15 Jun, 2016, 11.23 PM IST
- Vijay Mallya case: Tribunal to take up 7 IAs for final hearingThe doctrine of Lifting of Corporate Veil means disregarding the corporate personality and looking behind the persons controlling the compa...13 Jun, 2016, 11.08 PM IST
- Vijay Mallya case: DRT advises banks to coordinate recovery of Rs 2,000 crore parked in courtsDefendants Diageo (Holdings) Netherlands and SBI-led consortium pleaded that their respective interlocutory applications be taken up for he...08 Jun, 2016, 03.18 AM IST
- Diageo Holdings Netherlands files interlocutory applicationAll the parties, including Kingfisher, Diageo Plc and UBHL, pleaded today before the Tribunal to take up their applications on a priority b...03 Jun, 2016, 08.15 PM IST
- Diageo files interlocutory applicationDiageo had issued a guarantee to Standard Chartered Bank for a $135 million loan to Watson to release certain UBL shares that were to be ac...02 Jun, 2016, 09.10 PM IST
- Vijay Mallya case: Diageo questions DRT's power to attach moneyThe consortium led by State Bank of India had filed a memo putting a claim on the payout of $40 million to Mallya by Diageo as part of the ...21 Apr, 2016, 09.10 PM IST
- Vijay Mallya default case: DRT to pass its orders tomorrowDRT had reserved its order after hearing the submissions made by both parties - bankers and Mallya - on March 4.06 Mar, 2016, 09.02 PM IST
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