Search For "ncl"
Jet Airways hits all-time low, stock plunges over 40 pc
Updated : 6 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 18 (ANI): Shares of Jet Airways extended losses for the ninth consecutive session on Tuesday and fell over 40 per cent on the Bombay Stock Exchange (BSE) in the afternoon session.
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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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PNB reports net loss of Rs 4,750 crore in Q4 due to higher provisioning fo
Updated : 6 years, 10 months ago IST
New Delhi [India], May 28 (ANI): Government-owned Punjab National Bank (PNB) on Tuesday reported a net loss of Rs 4,750 crore in the fourth quarter of 2018-19, largely due to higher provisioning for bad loans.
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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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Tata Global Beverages and Tata Chemicals to combine consumer businesses
Updated : 6 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 15 (ANI): Tata Global Beverages Limited (TGBL) and Tata Chemicals Limited (TCL) on Wednesday approved the de-merger of consumer products business of TCL into TGBL through a National Company Law Tribunal (NCLT) approved scheme of arrangement.
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NCLAT allows bankers to declare IL&FS as non-performing assets
Updated : 6 years, 10 months ago IST
New Delhi [India], May 2 (ANI): Delhi's National Company Law Appellate Tribunal (NCLAT) on Thursday allowed the banker to declare loan and Infrastructure Leasing and Financial Services (IL&FS) as a non-performing asset that has defaulted on the payments.
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SFIO arrests ex-IL&FS chairman Hari Sankaran
Updated : 6 years, 11 months ago IST
New Delhi [India], Apr 01 (ANI): The Serious Fraud Investigation Office (SFIO) has arrested former chairman of Infrastructure Leasing & Financial Services (IL&FS) Hari Sankaran in connection with the ongoing investigation into the affairs of the company and its group entities, sou
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Cabinet approves creation of more posts in NCLAT
Updated : 6 years, 12 months ago IST
New Delhi [India], Mar 27 (ANI): The Union Cabinet on Wednesday approved creation of additional posts in the National Company Law Appellate Tribunal (NCLAT) for speedy disposal of cases.
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Andhra Pradesh, Madhya Pradesh get new NCLT benches
Updated : 7 years ago IST
New Delhi [India], Mar 8 (ANI): The Central government has approved the establishment of two new benches of National Company Law Tribunal (NCLT)--one at Amaravati in Andhra Pradesh and the other at Indore in Madhya Pradesh.
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JM Financial files application with NCLT against Hotel Leela Venture
Updated : 7 years ago IST
Mumbai (Maharashtra) [India], Feb 26 (ANI): Hotel Leela Venture said on Tuesday that JM Financial has filed an application with the National Company Law Tribunal's Mumbai Bench against Hotel Leela Venture Limited.
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ED raids underway at locations linked to ex-IL&FS chairman, others
Updated : 7 years, 1 month ago IST
Mumbai (Maharashtra) [India], Feb 20 (ANI): The Enforcement Directorate (ED) is conducting raids at four to five locations of people related to the Infrastructure Leasing & Financial Services (IL&FS) on
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SC to hear contempt plea against Anil Ambani on tomorrow, asks him to be p
Updated : 7 years, 1 month ago IST
New Delhi [India], Feb 12 (ANI): The Supreme Court on Tuesday adjourned the hearing of contempt plea filed against Reliance Communication (RCom) chairman Anil Ambani by Ericsson India over not clearing dues to the tune of Rs 550 crore after selling its assets to Reliance Jio, and asked Amban
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