Search For "nclt"
Homebuyers' victory: NCLT approves resolution plan for Universal Buildwell
Updated : 1 year ago IST
This decision, passed on March 7, 2025, paves the way for homebuyers to receive their units with the help of their own association, which will complete the construction in a time-bound manner.
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NCLT Approves Resolution Plan for RITE BUILTEC PRIVATE LIMITED
Updated : 1 year, 2 months ago IST
Mumbai (Maharashtra) [India], January 16: In a landmark ruling, the National Company Law Tribunal (NCLT), Mumbai has approved the resolution plan for RITE BUILTEC PRIVATE LIMITED, having an SRA (Slum Rehabilitation Authority) project located in Devipada, Borivali (Mumbai). This marks the 4th
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Sangamam Power Projects to Retain 1200 Employees of Karvy Data Management
Updated : 1 year, 2 months ago IST
Hyderabad (Telangana) [India], December 27: In a significant development, the National Company Law Tribunal (NCLT) has approved the resolution plan submitted by Sangamam Power Projects, a leader in sustainable energy solutions, to acquire Karvy Data Management Services Limited (KDMSL) and it
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NCLAT clears Sapphire Media's acquisition of Big 92.7 FM, dismisses appeal
Updated : 1 year, 3 months ago IST
The National Company Law Appellate Tribunal (NCLAT) on Monday upheld the approval of Sapphire Media's resolution plan for acquiring Big 92.7 FM, owned by Reliance Broadcast Network Limited, dismissing a batch of appeals filed by Radio Mirchi, Orange FM, and others.
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Reliance and Disney completes joint venture transaction for entertainment
Updated : 1 year, 4 months ago IST
Reliance Industries, Viacom 18 Media (Viacom18) and The Walt Disney Company (Disney) on Thursday announced that following the approval by the NCLT Mumbai, Competition Commission of India and other regulatory authorities, the merger of the media and JioCinema businesses of Viacom18 into Star
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String Metaverse (Bio Green Papers, BSE: 534535) Reports Q1 FY25: Rs 50.02
Updated : 1 year, 7 months ago IST
New Delhi [India], August 16: String Metaverse LTD, following its merger with Bio Green Papers Limited (BSE: 534535) as approved by the Honourable National Company Law Tribunal (NCLT) under the scheme of arrangement of the Insolvency and Bankruptcy Code (IBC), has reported robust financial r
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Resolutions under IBC up by a record 42 pc in FY 2024; real estate and man
Updated : 1 year, 7 months ago IST
The Insolvency and Bankruptcy Code (IBC) recorded the highest-ever number of resolutions in fiscal 2024. In the year 269 cases received approval from the National Company Law Tribunal (NCLT) for resolution plans.
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Indian Institute of Corporate Affairs (IICA) inaugurates sixth batch of fl
Updated : 1 year, 8 months ago IST
In his inaugural address as the Chief Guest, Justice S Ravindra Bhat highlighted the journey of IBC over the last eight years and compared the objectives of IBC, 2016 with RDB Act 1993 and SARFEASI Act 2002 and how the earlier laws were fragmented. The role of NCLT, NCLAT, CIRP, the role of
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ED raids 35 places in Delhi-NCR, Maharashtra against Amtek group in bank f
Updated : 1 year, 9 months ago IST
The Enforcement Directorate (ED) on Thursday conducted searches at 35 places in Delhi, NCR and Maharashtra against Amtek Group in connection with a bank fraud case of more than Rs 20,000 crores in several listed companies which were finally taken over in NCLT proceeding at nominal price l
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Byju's clears March salary of employees ahead of NCLT hearing on April 23:
Updated : 1 year, 11 months ago IST
The development comes just before the April 23rd hearing at the National Company Law Tribunal (NCLT) on the oppression and mismanagement plea filed by four investors of Byju's.
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SpiceJet and AerCap settle Rs 250 crore dispute
Updated : 2 years ago IST
The representatives of both parties informed a bench of NCLT last week that settlement terms had been reached, and thus requested an adjournment. The Court graciously granted the adjournment.
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Uttarakhand: State government takes control of Rajiv Gandhi International
Updated : 2 years, 1 month ago IST
Due to non-compliance with the instructions of the National Company Law Tribunal (NCLT), the Uttarakhand government on Saturday took over the property of Dehradun Integrated Arena Ltd, the firm authorised to operate the Rajiv Gandhi International Cricket Stadium here.
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