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.
11 Apr, 2019, 07.38 AM IST
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...
05 Feb, 2019, 09.20 PM IST
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...
17 Jan, 2019, 06.25 PM IST
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...
14 Jan, 2019, 07.41 PM IST
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...
07 Aug, 2018, 05.46 PM IST
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...
04 Jul, 2018, 05.10 PM IST
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.
04 Jul, 2018, 04.23 PM IST
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.
10 Nov, 2017, 03.54 PM IST
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.
10 Nov, 2017, 01.32 AM IST
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 ...
10 Oct, 2017, 01.21 AM IST
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...
11 Aug, 2017, 01.44 AM IST
- Mumbai-based Guruashish Construction admitted for insolvency
The bench has appointed Rajendra Bhutta, a chartered accountant from Mumbai as the interim resolution professional to carry the day-to-day ...
31 Jul, 2017, 09.48 PM IST
Edelweiss files bankruptcy case against Kohinoor CTNL InfrastructureKohinoor CTNL Infrastructure has defaulted in repaying the principal and interest on term loans since March, 2015.
19 Jun, 2017, 09.07 PM IST
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...
17 Mar, 2017, 10.59 PM IST
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...
07 Mar, 2017, 06.47 PM IST
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 ...
21 Feb, 2017, 01.43 AM IST
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...
01 Feb, 2017, 01.30 AM IST