Search For "nclt"
NCLAT restores Cyrus Mistry as Executive Chairman of Tata Sons
Updated : 6 years, 3 months ago IST
New Delhi [India], Dec 18 (ANI): The National Company Law Appellate Tribunal (NCLAT) on Wednesday restored Cyrus Mistry as the Executive Chairman of the Tata Group and held that the appointment of N Chandrasekaran was illegal.
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NBCC submits revised resolution plan for Jaypee Infratech
Updated : 6 years, 3 months ago IST
New Delhi [India], Dec 4 (ANI): Public sector construction major NBCC India Ltd has submitted a revised resolution plan for debt-laden Jaypee Infratech Ltd.
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Thomas Cook India completes corporate restructuring after NCLT approvals
Updated : 2 years, 5 months ago IST
Mumbai (Maharashtra) [India], Nov 26 (ANI): Travel and financial services firm Thomas Cook India Ltd (TCIL) has completed its corporate restructuring process after getting approvals from the National Company Law Tribunal (NCLT) Mumbai and Bengaluru benches.
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RBI appoints advisory panel to assist administrator of DHFL
Updated : 6 years, 4 months ago IST
Mumbai (Maharashtra) [India], Nov 22 (ANI): The Reserve Bank of India (RBI) on Friday appointed a three-member advisory committee to assist R Subramaniakumar, the former Managing Director and CEO of Indian Overseas Bank who recently took over the administrator for Dewan Housing Finance Corpo
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RBI supersedes DHFL board, to initiate insolvency proceedings
Updated : 6 years, 4 months ago IST
Mumbai (Maharashtra) [India], Nov 20 (ANI): The Reserve Bank of India (RBI) on Wednesday superseded the board of beleaguered Dewan Housing Finance Corporation Limited (DHFL) as it "intends to shortly" initiate the process of insolvency.
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NBCC submits revised bid for crisis-hit Jaypee Infratech
Updated : 6 years, 4 months ago IST
New Delhi [India], Nov 18 (ANI): Public sector construction major NBCC India Ltd said on Monday it has submitted a resolution plan for debt-laden Jaypee Infratech Ltd with respect to the latter's corporate insolvency resolution process.
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Essar Steel Insolvency: SC sets aside NCLT order, upholds rights of lender
Updated : 2 years, 5 months ago IST
New Delhi [India], Nov 15 (ANI): The Supreme Court on Friday allowed a petition filed by Committee of Creditors of Essar Steel India and set aside the National Company Law Tribunal (NCLT) order which had provided for an equal distribution of proceeds between financial and operational credito
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Composite merger scheme involving Radiant, MHC, Max India gets 99 per cent
Updated : 6 years, 4 months ago IST
New Delhi [India] Nov 6 (ANI/NewsVoir): Max India Limited, a listed entity of the USD 3.2 billion Max Group, announced today that the shareholders of the company, in NCLT convened meeting, approved the composite scheme involving merger of healthcare assets of Max India into Max Healthcare
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Bandhan Bank, Gruh Finance to merge on October 17
Updated : 6 years, 5 months ago IST
Kolkata (West Bengal) [India], Oct 4 (ANI): Kolkata-based Bandhan Bank and Ahmedabad-based Gruh Finance said on Friday that all the regulatory hurdles have been overcome for their merger, with the National Company Law Tribunal (NCLT) clearing the scheme of amalgamation.
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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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Somaiya urges EOW to register case of criminal conspiracy against manageme
Updated : 6 years, 6 months ago IST
Mumbai (Maharashtra) [India], Sept 26 (ANI): Former BJP MP Kirit Somaiya on Thursday accused the top management of PMC Bank and HDIL of looting the bank and demanded that a case of criminal conspiracy be filed in this regard.
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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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