IL&FS puts 494 acre land parcels on block
While IL&FS holds nine per cent, the other two firms hold 40 per cent and 31 per cent stake, respectively in HCPL.
NCLT okays start of Lanco Amarkantak bankruptcy process
Power co pleaded that proceedings were under RBI norms invalidated by Supreme Court.
NCLAT to hear probe agencies over JSW Steel's plea on Bhushan Power
Under the insolvency proceedings, JSW Steel has emerged as the winning bi...
NCLT okays merger of Monsanto India with Bayer CropScience
The National Company Law Tribunal (NCLT) on Friday approved the merger of biotech company Monsanto India Ltd with Bayer CropScience.
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.
Government ask banks to approach NCLT as last resort
Minister of State for Finance and Corporate Affairs Anurag Thakur said NCLT route should not be used by bankers to resolving stressed accounts on a daily basis.
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.
Clean energy producers can move NCLT against discoms over dues: Power Minister cautions 7 states
According to the letter, discoms of Andhra Pradesh have the largest outstanding dues of Rs 2,000 crore, followed by Tamil Nadu (Rs 1,892.54 crore) and Telangana (Rs 1,565.08 crore).
JSW Steel to seek immunity from Bhushan Power and Steel 'fraud deals'
“We want a neat and clean company, and we don’t want any confusion,” Jindal told.
Ruchi Soya hits upper circuit as Patanjali set to infuse Rs 3,438 crore
The company said that Patanjali group will infuse Rs 204.75 crore as equity.
NCLT approves JSW Steel's Rs 19,700 crore bid for Bhushan Power & Steel
NCLT has approved JSW Steel's Rs 19,700 cr resolution plan for debt-ridden Bhushan Power & Steel Ltd.
Jet Airways' creditors to recover only 10% of total dues in liquidation scenario
Jet was admitted to bankruptcy court in June after its lenders failed to agree on a revival plan.
NCLT initiates insolvency plea against Raheja Developers
The National Company Law Tribunal's direction came over a petition filed by a flat buyer of Raheja Developers.
NCLT directs insolvency proceedings against realty firm Three C Projects
NCLT also directed the ex-management of Three C Projects to "provide all documents in their possession
NPAs may come down to Rs 9.1 lakh crore by March 2020
Large stressed borrowers have debt aggregating to Rs 5.4 lakh crore.
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