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NCLT Allows New Petitioner in India’s First Class Action Suit Against Jindal Poly Films as Shareholder Exit Triggers Dispute

NCLT okays replacing minority shareholder in Jindal Poly case

While the company questions the standing of intervenors after 27 shareholders exited their stakes, minority groups allege systematic attempts to…

May 7, 2026 23:53 IST

India’s First Class Action Against Jindal Poly Films Moves to NCLT Principal Bench Amid ₹2,500-Crore Fraud Probe

NCLT to hear class action suit against Jindal Poly on May 7

SEBI got company’s response to intervention application

April 30, 2026 20:57 IST

NCLAT declined to stay Adani Enterprises’ Rs 14,535 crore acquisition of Jaiprakash Associates, while agreeing to hear Vedanta’s challenge on April 10.

Setback for Vedanta: NCLT refuses interim stay on Adani Enterprises’ JAL acquisition

NCLAT refused to stay Adani’s JAL acquisition, allowing the resolution plan to proceed while hearing Vedanta’s challenge against the insolvency…

March 24, 2026 20:08 IST

NCLT approves Adani’s bid for JAL

The NCLT has approved Adani Enterprises’ Rs 14,535 crore resolution plan for Jaiprakash Associates, marking a major step in one…

March 18, 2026 00:29 IST

Cabinet clears IBC tweaks, quicker resolution likely

Group and cross-border insolvency among key proposals.

Updated: March 11, 2026 16:04 IST

Flipkart lays off 250-300 employees

“Flipkart conducts regular performance reviews aligned with clearly defined expectations. As part of this process, a small percentage of employees…

Updated: March 7, 2026 06:01 IST

NCLT Admits ₹2,700-Crore Minority Suit Against Jindal Poly Films

NCLT admits minority shareholders’ class action lawsuit against Jindal Poly Films

The NCLT New Delhi bench has admitted a historic class action suit under Section 245 of the Companies Act against…

February 6, 2026 00:18 IST

Economic Survey flags urgent need for capacity expansion in IBC framework

At current disposal rates, clearing backlog could take close to a decade.

Updated: January 30, 2026 14:06 IST

IBC is not a recovery tool, its goal is to turn companies productive: IBBI chairperson Ravi Mital

IBC cannot be held responsible for deterioration (in asset value) for a period when it was not even involved,” he…

January 28, 2026 23:34 IST

NCLT has approved the merger of eight Flipkart entities

Flipkart gets NCLT approval for merger of eight entities; moves a step closer to India domicile and IPO

NCLT approval for merging eight overseas entities into Flipkart’s Indian unit streamlines structure and brings the Walmart-owned firm closer to…

December 17, 2025 19:45 IST

NCLT clears Vedanta’s demerger plan

The clearance comes despite objections raised by the ministry of petroleum and natural gas, which had opposed the demerger citing…

December 16, 2025 20:48 IST

National Company Law Tribunal (NCLT) has approved the demerger of Vedanta.

Vedanta demerger gets NCLT approval- shares surge 4% to new 52-week high

Vedanta shares surged after NCLT approved its demerger plan, allowing the conglomerate to split into multiple sector-focused entities

Updated: December 16, 2025 16:07 IST

Porinju Veliyath's Q2 bet on these stocks. (Image Source: Canva)

Porinju Veliyath’s 3 shock moves: A u-turn, a loss-maker, and a stake hike

Super Investor Porinju Veliyath just made three changes to his portfolio. He bought back one stock which he had sold…

November 10, 2025 05:30 IST

Piramal Finance listing, Piramal Enterprises merger, Piramal Finance share price

Strong debut: Piramal Finance lists at 12% premium after merger with Piramal Enterprises; Zooms 4% intra-day

Piramal Finance debuts at a 12% premium post-merger with Piramal Enterprises; discover the latest market updates now.

November 7, 2025 10:33 IST

NCLT admits insolvency case against Blu-Smart Mobility over Rs 5.84 crore debt

A two-member bench said there is an operational debt, which has been defaulted by Blu-Smart Mobility, and its operational creditor…

October 19, 2025 14:07 IST

Anil Agarwal-led Vedanta reschedules demerger completion to March-end 2026

The deadline was earlier extended from March 31, 2025 to September 30 this year.

October 5, 2025 07:06 IST

Tata Motors demerger, Tata Motors CV arm listing, TMLCV listing date, Tata Motors Commercial Vehicles

Tata Motors splits PV, CV leadership

The announcement came a month after the company secured approval from the National Company Law Tribunal (NCLT) for the demerger…

September 27, 2025 10:53 IST

National Company Law Tribunal, NCLT, Securities and Exchange Board of India, SEBI

Vedanta asked to respond to SEBI till October 8

Vedanta must respond to SEBI and MoPNG by October 8 over regulatory lapses in its demerger plan. NCLT’s approval is…

September 24, 2025 21:26 IST

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