Search For "national company law tribunal"
Suzlon Energy denies reports of filing for bankruptcy, stock dives by 9 pc
Updated : 6 years, 5 months ago IST
Mumbai (Maharashtra) [India], Sep 30 (ANI): Troubled renewable energy solutions provider Suzlon on Monday denied reports suggesting that it has filed for bankruptcy and will soon be approaching the National Company Law Tribunal (NCLT).
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NCLT approves merger of Monsanto India with Bayer CropScience
Updated : 6 years, 6 months ago IST
Mumbai (Maharashtra) [India], Sep 14 (ANI): German chemical and pharma major Bayer AG has said that the National Company Law Tribunal (NCLT) approved the merger plan of its subsidiary with biotech company Monsanto India Ltd.
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HDIL sheds 20 pc after NCLT admits Bank of India's insolvency plea against
Updated : 6 years, 7 months ago IST
Mumbai (Maharashtra) [India], Aug 21 (ANI): Shares of Housing Development and Infrastructure Ltd (HDIL) were locked in 20 per cent lower circuit on Wednesday after the National Company Law Tribunal (NCLT) admitted Bank of India's insolvency plea against the realtor.
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Minda Corp gets NCLT nod for merging five subsidiary companies
Updated : 6 years, 7 months ago IST
New Delhi [India] Aug 6 (ANI): The National Company Law Tribunal (NCLT) has approved the scheme of amalgamating five wholly-owned subsidiaries of leading auto component manufacturer Minda Corporation.
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LS takes up for discussion Insolvency Code (Amendment) Bill
Updated : 6 years, 7 months ago IST
New Delhi [India], Aug 1 (ANI): The Lok Sabha on Thursday took up for discussion a Bill that seeks to provide a 330-day timeline for insolvency resolution process and specifies minimum payouts to operational creditors in any resolution plan.
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Cabinet approves bill to amend Companies Act, 2013
Updated : 6 years, 8 months ago IST
New Delhi [India], July 17 (ANI): The Union Cabinet on Wednesday approved a bill to amend the Companies Act, 2013 to ensure better compliance levels and re-categorise some of the compoundable offences as civil defaults.
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NCLT gets 27 new judges
Updated : 6 years, 8 months ago IST
New Delhi [India], July 04 (ANI): Putting an end to the depleting strength of National Company Law Tribunal (NCLT), 27 new members on Thursday took oath as judges of the tribunal.
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Employee consortium, AdiGroup to bid for 75 pc stake in Jet Airways
Updated : 6 years, 8 months ago IST
New Delhi [India], June 28 (ANI): Jet Airways Employee Consortium on Friday announced their partnership with AdiGroup to bid for the acquisition of 75 per cent stake in debt-ridden Jet Airways through the National Company Law Tribunal (NCLT) process.
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NCLT admits insolvency plea by SBI against Jet Airways
Updated : 6 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 21 (ANI): The local bench of National Company Law Tribunal (NCLT) on Thursday admitted the insolvency application filed by the State Bank of India (SBI) against grounded Jet Airways.
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Lenders to begin insolvency proceedings against Jet Airways
Updated : 6 years, 9 months ago IST
New Delhi [India], June 18 (ANI): Insolvency proceedings against Jet Airways are likely to begin this week as a consortium of lenders led by the State Bank of India (SBI) failed to find a buyer for the beleaguered airline.
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JSW Steel gets NCLT approval for amalgamation plan
Updated : 6 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 10 (ANI): JSW Steel has received approval from the National Company Law Tribunal (NCLT) for the scheme of amalgamating its four units.
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Creditors expect increase in realisations through IBC despite hiccups
Updated : 6 years, 10 months ago IST
New Delhi [India], May 19 (ANI): Innumerable litigations, defiant promoters, failing sectors and over-burdened National Company Law Tribunals (NCLTs) have negatively impacted corporate insolvency resolution process under the Insolvency and Bankruptcy Code (IBC) over the past two years, ac
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