Mumbai (Maharashtra) [India], Aug 31 (ANI): IL&FS has got binding bids for 10 road assets in its domestic roads transportation vertical as the cash-strapped conglomerate struggles with an overall resolution process being undertaken by the new board.
Mumbai (Maharashtra) [India], Aug 21 (ANI): Shares of Housing Development and Infrastructure Ltd (HDIL) were locked in 20 per cent lower circuit on Wednesday after the National Company Law Tribunal (NCLT) admitted Bank of India's insolvency plea against the realtor.
New Delhi (India), Aug 6 (ANI): Jet Airways employees held a protest at Jantar Mantar here on Tuesday, demanding the company to release a part of their salaries till completion of the insolvency resolution process.
New Delhi [India] Aug 6 (ANI): The National Company Law Tribunal (NCLT) has approved the scheme of amalgamating five wholly-owned subsidiaries of leading auto component manufacturer Minda Corporation.
New Delhi [India], July 04 (ANI): Putting an end to the depleting strength of National Company Law Tribunal (NCLT), 27 new members on Thursday took oath as judges of the tribunal.
New Delhi [India], July 4 (ANI): The corporate insolvency resolution process yielded a resolution of 94 cases till March 31 which has resulted in the settlement of claims worth Rs 173,359 crore, according to the Economic Survey 2018-19 tabled by Finance Minister Nirmala Sitharaman in Parliam
New Delhi [India], July 3 (ANI): The Supreme Court on Wednesday agreed to hear on July 8 a plea filed by the Union of India (UOI) against Telecom Disputes Settlement and Appellate Tribunal's (TDSAT) stay on demand of Rs 9000 crore for approving Bharti Airtel's acquisition of Tata Teleservice
New Delhi [India], June 28 (ANI): Jet Airways Employee Consortium on Friday announced their partnership with AdiGroup to bid for the acquisition of 75 per cent stake in debt-ridden Jet Airways through the National Company Law Tribunal (NCLT) process.
Mumbai (Maharashtra) [India], June 21 (ANI): The local bench of National Company Law Tribunal (NCLT) on Thursday admitted the insolvency application filed by the State Bank of India (SBI) against grounded Jet Airways.
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.
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.
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.