Search For "national company law tribunal"
Max India sets record date as June 15 after NCLT approves demerger
Updated : 5 years, 9 months ago IST
New Delhi [India], June 1 (ANI): Max India Ltd, a listed entity of the three billion dollar Max Group, said on Monday that the National Company Law Tribunal (NCLT) has approved the composite scheme involving the merger of the healthcare assets of Max India into Max Healthcare and demerger
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NCLT asks Delhi Gymkhana Club to file reply on Centre's plea seeking manag
Updated : 5 years, 11 months ago IST
New Delhi [India], April 24 (ANI): The National Company Law Tribunal on Friday asked Delhi Gymkhana Club Limited to file its reply on a petition by the Central government seeking a change in the facility's management and appoint 15 nominees as administrators.
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Vedanta implementing acquisition of Ferro Alloys Corporation
Updated : 6 years, 1 month ago IST
Mumbai (Maharashtra) [India], Jan 31 (ANI): Vedanta Ltd, one of the world's leading diversified natural resource companies, said on Friday it is implementing the approved resolution plan for Ferro Alloys Corporation.
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Union Cabinet clears proposed change to Insolvency and Bankruptcy Amendmen
Updated : 6 years, 2 months ago IST
New Delhi [India], Jan 9 (ANI/NewsVoir): Recently the Union Cabinet has cleared a proposed change to Section 7 of the Insolvency and Bankruptcy Amendment Bill (2019) which suggests that at least 100 or 10 per cent of the total buyers, whichever is lower in a real estate project will have to
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Patanjali Ayurved completes acquisition of bankrupt Ruchi Soya for Rs 4,35
Updated : 6 years, 3 months ago IST
New Delhi [India], Dec 19 (ANI): Debt-ridden Ruchi Soya's resolution is complete with Yoga guru Baba Ramdev's Patanjali Ayurved depositing Rs 1,100 crore equity in a State Bank of India (SBI) escrow account to acquire the edible oil maker for Rs 4,350 crore.
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NCLAT order restoring Mistry as Chairman to be operational in 4 weeks, Tat
Updated : 6 years, 3 months ago IST
New Delhi [India], Dec 18 (ANI): Keeping in mind the smooth functioning of the Tata Sons Limited, the National Company Law Appellate Tribunal (NCLAT) on Wednesday suspended the part of the judgment which relates to replacement of the present executive chairman and reinstatement of Cyrus Pall
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NCLAT restores Cyrus Mistry as Executive Chairman of Tata Sons
Updated : 6 years, 3 months ago IST
New Delhi [India], Dec 18 (ANI): The National Company Law Appellate Tribunal (NCLAT) on Wednesday restored Cyrus Mistry as the Executive Chairman of the Tata Group and held that the appointment of N Chandrasekaran was illegal.
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NBCC submits revised resolution plan for Jaypee Infratech
Updated : 6 years, 3 months ago IST
New Delhi [India], Dec 4 (ANI): Public sector construction major NBCC India Ltd has submitted a revised resolution plan for debt-laden Jaypee Infratech Ltd.
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RBI files application for bankruptcy proceedings against DHFL
Updated : 6 years, 3 months ago IST
Mumbai (Maharashtra) [India], Nov 30 (ANI): The Reserve Bank of India (RBI) has filed an application to initiate insolvency proceedings against mortgage lender Dewan Housing Finance Ltd (DHFL).
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Thomas Cook India completes corporate restructuring after NCLT approvals
Updated : 2 years, 5 months ago IST
Mumbai (Maharashtra) [India], Nov 26 (ANI): Travel and financial services firm Thomas Cook India Ltd (TCIL) has completed its corporate restructuring process after getting approvals from the National Company Law Tribunal (NCLT) Mumbai and Bengaluru benches.
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Essar Steel Insolvency: SC sets aside NCLT order, upholds rights of lender
Updated : 2 years, 5 months ago IST
New Delhi [India], Nov 15 (ANI): The Supreme Court on Friday allowed a petition filed by Committee of Creditors of Essar Steel India and set aside the National Company Law Tribunal (NCLT) order which had provided for an equal distribution of proceeds between financial and operational credito
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Bandhan Bank, Gruh Finance to merge on October 17
Updated : 6 years, 5 months ago IST
Kolkata (West Bengal) [India], Oct 4 (ANI): Kolkata-based Bandhan Bank and Ahmedabad-based Gruh Finance said on Friday that all the regulatory hurdles have been overcome for their merger, with the National Company Law Tribunal (NCLT) clearing the scheme of amalgamation.
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