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NCLT gives green signal for Jet revivalThe National Company Law Tribunal on Tuesday approved a plan to revive the defunct Jet Airways submitted by UK’s Kalrock Capital and the UA...- NCLT approves resolution plan by Kalrock Capital and Murari Lal Jalan for Jet AirwaysThe bench presided by judicial members - Janab Mohammed Ajmal and V Nallasenapathy had reserved its order after hearing all parties, includ...
- NCLT directs power distribution firm not to take any coercive action against Sterling BiotechSterling Biotech’s liquidator had approached the Mumbai bench of the National Company Law Tribunal (NCLT), with a plea to restrain Madhya G...
- NCLT lets Srei Infra Finance recall Sterling SEZ caseGujarat-based Sterling SEZ is a subsidiary of Sterling Group that owes over Rs 8,100 crore to its financial and operational lenders.
- NCLT orders Reid & Taylor liquidationThe NCLT Mumbai bench comprising B.M. Mohan and V. Nallasenapathy ruled that the investors have failed to satisfy their networth before the...
- Reid & Taylor case: NCLT accepts Rs 2 crore as earnest money deposit from CFM Asset Reconstruction CompanyThe Mumbai NCLT bench headed by Bhaskara Pantula Mohan and V Nallasenapathy said CFM ARC CEO S V Shah can deposit the balance EMD of Rs 3 c...
- NCLT asks RTIL investor amount it can deposit as earnest moneyThe Mumbai NCLT bench headed by Bhaskara Pantula Mohan and V Nallasenapathy had earlier told the Hong Kong-based SPGP to deposit Rs 50 cror...
- NCLAT to hear Mistry plea tomorrow against NCLT orderMistry had approached the National Company Law Appellate Tribunal (NCLAT) last week against the NCLT dismissing his plea challenging his re...
- NCLT order on Tata-Mistry case to be pronounced on July 9The two-member NCLT bench comprising BSV Prakash Kumar and V. Nallasenapathy said they had to make some corrections and pronounce the verdi...
- NCLT order in Tata-Mistry case to be announced on July 9The case relates to two-year-old feud between Tata Sons and Cyrus Mistry, who was axed as Tata Sons chairman in October 2016.
- RCom plunges 6% as NCLT seeks details of Ericsson duesIn September, Ericsson filed for insolvency in the NCLT to recover Rs 1,150 crore from RCom.
- NCLT seeks details of Reliance Communications dues to Ericsson“On verification, court has noticed the copy of certificate from financial institutors has not been filed in petition,” an NCLT bench said.
- NCLT Mumbai admits Gupta Global for insolvency caseGupta Global actually raised Rs 402 crore loans from various financial institutions. A majority of it went burst as the borrower failed to ...
- NCLT to decide on RCom-Aircel merger on August 14The merger could set the ball rolling for a sale of RCom’s stake in its tower unit to Canada’s Brookfield. Together, the deals could reduce...
- Mumbai-based Guruashish Construction admitted for insolvencyThe bench has appointed Rajendra Bhutta, a chartered accountant from Mumbai as the interim resolution professional to carry the day-to-day ...
- Edelweiss files bankruptcy case against Kohinoor CTNL InfrastructureKohinoor CTNL Infrastructure has defaulted in repaying the principal and interest on term loans since March, 2015.
- Tata Sons opposes waiver plea of Cyrus Mistry firms before NCLTTata Sons have argued that if preference capital is also considered, the two Mistry firms hold only 2.17 per cent of the total issued share...
- NCLT judges say Tatas to sail through "devastating storm"The two-member bench comprising of judges BSV Prakash Kumar and V. Nallasenapathy ruled that Mistry family’s firms aren’t qualified to file...
- NCLT reserves order on Cyrus Mistry pleasThe NCLT bench of BSV Prakash Kumar and V Nallasenapathy said it will pass the order on maintainability of petitions filed by Cyrus Mistry ...
- NCLT clears way for Tata Sons to hold EGM on February 6The two-member bench comprising BSV Prakash Kumar and V Nallasenapathy said the refusal to argue the main petition was nothing but disobedi...
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