Search For "nclt"
Delhi HC raps petitioner for using 'Tom, Dick and Harry' in plea
Updated : 5 years ago IST
New Delhi [India], March 2 (ANI): The Delhi High Court on Tuesday pulled up a petitioner for using "Tom, Dick and Harry" in the petition and said such language is not permissible in pleadings before the court.
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National Company Law Tribunal benches to start regular physical hearing fr
Updated : 5 years, 1 month ago IST
New Delhi [India], February 23 (ANI): The National Company Law Tribunal (NCLT) benches will start regular physical hearing effective from March 1.
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Amazon moves SC challenging Delhi HC order on Future Retail-RIL deal
Updated : 5 years, 1 month ago IST
New Delhi [India], February 11 (ANI): E-commerce giant Amazon on Thursday moved the Supreme Court challenging an order of the Delhi High Court allowing statutory authority, such as National Company Law Tribunal (NCLT) to hear Future Retail Limited's (FRL) application seeking approval to comp
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Max India to explore rewarding shareholders via capital reduction
Updated : 5 years, 6 months ago IST
New Delhi [India] September 16 (ANI/NewsVoir): Max India Limited, a part of the USD 3 billion Max Group, announced that it would explore a capital reduction program to reward its shareholders, as communicated during the divestment of Max Bupa by the erstwhile Max India.
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ED unearths clandestine removal of Rs 700 crores of goods in BPSL probe
Updated : 5 years, 7 months ago IST
New Delhi [India], August 21 (ANI): The Enforcement Directorate said on Thursday that it has unearthed clandestine removal of goods worth Rs 700 crores of Bhushan Power & Steel Limited both prior to and during proceedings before NCLT with due involvement of MK Khandelwal, Resolution Prof
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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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Sitharaman announces decriminalisation of Companies Act defaults
Updated : 5 years, 10 months ago IST
New Delhi [India], May 17 (ANI): In order to provide relief to the companies amid COVID-19 pandemic, Union Finance Minister Nirmala Sitharaman on Sunday announced the decriminalisation of Companies Act defaults.
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Patanjali Group rebuts media reports mentioning it in news relating to wil
Updated : 5 years, 11 months ago IST
New Delhi [India], April 29 (ANI): The Patanjali Group has strongly rebutted the media stories containing its name while reporting the news relating to wilful defaulter list, terming it as 'an attempt to defame the company maliciously and unnecessarily dragging its name in rumour mongering s
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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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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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