NATIONAL COMPANY LAW TRIBUNAL
Bandhan Bank overcomes all regulatory hurdles for merger with Gruh Finance
Bandhan Bank has received the certified copy of the NCLT order on Monday, Managing Director Chandra Shekhar Ghosh told ET.
In a first, RCom AGM to be chaired by resolution professional on Monday
A resolution professional will chair and address the shareholders of ...
McNally Bharat, Kaylon ink deal to take up infra projects
The six decade old company and Turkey's Kaylon Group have signed an agreement to ta...
NCLT Orders Insolvency Proceedings against Lokhandwala Infra
The Mumbai bench of NCLT restricted the developer from creating any third-party rights or disposing of any assets.
Jaypee Infratech undergoing insolvency but 'in good health': Manoj Gaur at AGM
Company officials said the company has more assets than liabilities and hoped it will get the project to deliver nearly 20,000 flats, which have got delayed by several years leaving thousands of homebuyers in lurch.
NCLAT allows Dutch court administrator to attend Jet Airways CoC meetings
A three member NCLAT bench said that the Dutch administrator would be part of the CoC meeting and would be given minutes of the meetings.
MCA notifies NCLT member posting rules
The rules also restrict members from being posted to locations where they have been posted in the past two years.
Another shot for MSMEs to reclaim bankrupt companies
Promoters can be considered for resolution of their own cos as they are exempt from section 29(A) of IBC.
JSW Steel plans $500 million bond offering to global investors
The selected banks are likely to include prominent US and European banks as well as some Japanese financiers who have loaned money to the company in the past.
Thapar Group’s BILT in bankruptcy court
IDBI Bank has the largest exposure to the company with Rs 400 crore of loans outstanding.
Government moves NCLAT against NCLT orders directing probe into cos' affairs by SFIO
In a petition moved before the NCLAT, the SFIO submitted that it being a statutory investigative office can direct to investigate into the affairs of the companies only by the Ministry of Corporate Affairs (MCA).
Debt Distress 2.0: Total stressed assets now exceed gross NPA peaks of 2018
There are some silver linings, though. This time the debt build-up is being managed right as it unfolds.
Govt may set up Rs 20,000-cr fund for stalled non-NPA housing projects in 45 days
Industry representatives demanded one-time loan restructuring of developers and changes in insolvency law to have maximum benefit from this fund.
RCom moves NCLT demanding status quo on spectrum license from DoT
The National Company Law Tribunal (NCLT) has asked the telecom department to file a reply within next 7 days and asked RP to send a rejoinder within 7 days of receiving the reply.
RCom may approach NCLAT for Rs 577 crore refund from Ericsson
RCom says Swedish telecom equipment company should not have got its dues when other creditors are still awaiting proceeds
Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service