The petition was filed by Himangini Singh (daughter) and Manjula Ahluwalia (wife), along with associated companies controlled by them, alleging that Pawan Kumar Ahluwalia, the younger brother of the deceased, along with others, had acted in a manner oppressive to their rights and had mism
Bengaluru (Karnataka) [India], January 27: The merger between Aster DM Healthcare Limited, and Quality Care India Ltd, one of the largest merger announcements in the healthcare industry has now received an order from the Hon'ble National Company Law Tribunal (NCLT), Hyderabad Bench to conven
According to the company's release, Reliance Communications has been undergoing the Corporate Insolvency Resolution Process (CIRP) and is currently managed entirely by the Resolution Professional, under the supervision of the NCLT and its Committee of Creditors (CoC), led by the State Bank o
The Court also imposed a cost of Rs 1 lakh on petitioner Vinay Bansal after finding that he had hidden key documents, including replies from the company and its lead managers that addressed all his concerns.
Progress on the cases that were admitted at NCLT, those which were resolved at NCLT and the ones disposed off outside the IBC was acknowledged. The review of major cases awaiting admission and resolution at the NCLT benches was undertaken. Secretary (DFS) emphasised that the timelines in
RCOM is undergoing the Corporate Insolvency Resolution Process (CIRP) under the supervision of the National Company Law Tribunal (NCLT) and the Supreme Court, and is managed by a Resolution Professional appointed by lenders led by State Bank of India.
Mumbai (Maharashtra) [India], September 30:Veefin Solutions Limited(BSE: VEEFIN | 543931), Veefin Solutions Limited ("Veefin" or "the Company") today announced that its Board of Directors has approved a Scheme of Arrangement and Amalgamation involving its subsidiaries, GlobeTF Solutions Limi
In a formal representation to the Ministry of Corporate Affairs, the Association urged immediate intervention to address the crisis, which it says is severely hampering judicial operations.
The National Company Law Appellate Tribunal (NCLAT) has overturned a decision passed by the National Company Law Tribunal (NCLT), which had rejected a resolution plan submitted by Univastu India Limited for Setubandhan Infrastructure Ltd. The NCLAT has now directed that the plan be reconside
The Delhi High Court on Friday refused to grant interim bail to Arvind Dham in a money laundering case in view of allegations against him. He has been in custody since July 2024. His regular bail has been pending before the High Court since February 2025.
Mumbai (Maharashtra) [India], May 16: Sumuka Agro Industries Limited (BSE: 532070), a publicly listed company in India, announced to the stock exchanges today that it has received approval from the Securities and Exchange Board of India (SEBI) for the merger of Gujjubhai Foods with its busin