3 IL&FS entities turns green after signing term sheet with lenders
The binding term sheet has a revised proposal for debt-restructuring, with certain concessions and modification of terms of financial debt.
NCLAT orders review of McDonald's-Vikram Bakshi settlement
The tribunal said the settlement reached between McDonald's and Bakshi was violati...
RCom may approach NCLAT for Rs 577 crore refund from Ericsson
RCom says Swedish telecom equipment company should not have got its dues when o...
NCLAT asks RCom to approach NCLT for Rs 577 crore refund from Ericsson
Anil Ambani-led Rcom is presently going through Corporate Insolvency Resolution Process.
NCLAT to hear probe agencies over JSW Steel's plea on Bhushan Power
Under the insolvency proceedings, JSW Steel has emerged as the winning bidder for Bhushan Power & Steel.
JSW Steel moves NCLAT for immunity against investigation in BPSL cases
The Jindal group firm is seeking immunity as the Delhi High Court in a recent ruling said that money laundering laws prevails over the Insolvency and Banruptcy Code.
JSW Steel moves NCLAT to challenge the NCLT approval of Bhushan Power and Steel
In the last few months, two banks Punjab National Bank and Allahabad Bank have declared loans worth Rs 5,580 crore given to the company collectively as fraudulent.
NCLAT to hear Shapoorji Pallonji's plea on Adani Power bid for Korba West Power on Oct 15
Shapoorji Pallonji, which is an operational creditor of the company has approached the appellate tribunal after the resolution plan provided nil amount against its total claim of Rs 45 crore.
NCLAT quashes insolvency proceedings against Bharat Road Network
The appellate tribunal also observed that CoC (Committee of Creditors) was not formed and promoters has cleared the amount claimed by the financial creditor.
NCLAT impleads Sebi as a party in the plea filed by RIL in Alok Industries matter
RIL has got debt-ridden Alok Industries in its fold after the Ahmedabad bench of National Company Law Tribunal (NCLT) approved its Rs 5,050-crore resolution plan earlier this year in March.
NCLAT upholds NCLT order to initiate insolvency against Aditya Estates
The appellate tribunal said that Aditya Estates in a debt asset swap agreement had undertaken obligation to repay the loans availed by Assam Oil Company from ICICI Bank UK PLC.
Need ED's satisfaction over dues payments made by Sterling promoters: NCLAT
The tribunal also said the promoters will have to settle their case with the creditors within a specified period.
NCLAT stays formation of HDIL committee of creditors
The NCLT had asked the company's financial creditors and homebuyers to submit their claims against the company by September 8.
NCLAT asks Jet Airways IRP to cooperate with Dutch Court Administrator
Jet Airways is facing insolvency proceedings in the Netherlands and was declared bankrupt in response to a complaint filed by two European creditors.
NCLAT rejects Sebi plea against resolution plan of Assam Company
Sebi had challenged the NCLT order of September 20, 2018, approving the resolution plan of Abu Dhabi-based BRS Ventures Investments for Assam Company.
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