NATIONAL COMPANY LAW TRIBUNAL
Supreme Court to hear Jaypee group's plea before taking up NBCC proposal on stalled housing projects
The counsel for NBCC, in pursuance of an earlier order of the apex court, on Thursday submitted a revised plan in a sealed cover. The court, however, did not open the seal of the revised plan and told that it would deal with it later.
IL&FS completes sale of wind energy assets to Orix
IL&FS said that it has completed the sale of its wind energy assets to Orix Corporation of...
New group insolvency framework in the works
The report also said that insolvency proceedings of companies which are not categorised as holdin...
Government mulls raising Rs 1 lakh default threshold for invoking IBC: Srinivas
The banks should be looking at other options for recovering loans before invoking the IBC, especially in those cases where amount of bad loans is not significant, he said.
NCLAT asks ED to release Bhushan Power's attached property
The National Company Law Appellate Tribunal (NCLAT) on Monday put JSW Steels Rs 19,700 crore payment to acquire Bhushan Power and Steel (BPSL) on hold and asked the Enforcement Directorate (ED) to release the BPSL's attached properties.
NCLAT asks ED to release BSPL assets, stays Rs 19,700-cr sale to JSW Steel
NCLAT says agency’s move to seize properties without any jurisdiction undermines IBC.
Two retail investors petition NCLAT against Alok Industries' delisting move
The litigants claim they represent an informal group of more than a thousand retail investors in Alok Industries
Haldiram emerges sole bidder to buy insolvency-bound Kwality for Rs 130 crore
The lenders are likely to vote on Haldiram's bid later this month.
SFIO asks India’s top law firms to disclose all information related to IL&FS
SFIO demands info for the past 10 years from top law firms who have reached out to IL&FS for its consent.
NCLT calls for Metalyst Forgings rebid
Deccan Value says its plan ‘vitiated’ as ‘incorrect info’ on asset was shared.
Bandhan Bank, Gruh Finance to merge on October 17
The scheme has been approved by NCLT's Kolkata and Ahmedabad benches.October 17 has been fixed as the record date following the effectiveness of scheme for determining shareholders of the merged entity.
Grant Thornton to investigate Rs 4,355-crore PMC Bank fraud
PMC appointed the forensic auditor at the behest of the Economic Offences Wing (EOW) of the Mumbai police.
Deloitte Haskins and Sells questions NCLT ambit
Deloitte Haskins and Sells challenged Centre’s plea at NCLT that seeks a five-year ban on former auditors of IL&FS Financial Services (IFIN).
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 bankrupt Reliance Communications at the annual meeting with shareholders.
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