Page 3 of NCLT

aakash, NCLT, EY, Industry, IBBI, Insolvency and Bankruptcy Board of India

Aakash moves NCLT to implead EY, alleges conflict in Byju’s petition

Aakash moves NCLT to implead EY in Byju’s case, citing conflict of interest over EY’s dual role in advisory and…

June 3, 2025 21:53 IST

Gensol Engineering, electric vehicle, ev, SEBI, SFIO, industry

Blusmart Mobility and Gensol Engineering issued notices by NCLT after three new insolvency pleas

BluSmart Mobility and Gensol Engineering face NCLT notices over three new insolvency pleas filed by financial creditors. Gensol is also…

June 3, 2025 21:36 IST

Vedanta Ltd, demerger, NCLAT, NCLT, power business, NCLT, stay order

Big relief for Vedanta as NCLAT stays NCLT’s order rejecting power business demerger

The NCLAT has granted an interim stay on an order of the NCLT rejecting demerger of Vedanta’s power business and…

Updated: May 29, 2025 16:07 IST

NCLT freezes assets accounts of Gensol engineering

NCLT passes interim order to freeze Gensol Engineering accounts, assets over Rs 975 crore fraud allegations

The NCLT bench ordered the freezing of assets and bank accounts for 37 people and organisations connected to Gensol.

May 29, 2025 07:32 IST

IBC, resolution plan, recoveries, liquidations, NCLT, CIRP, liquidation, Committee of Creditors, investor confidence

IBC outlook FY25: Better recoveries, fewer liquidations, but slower resolutions – ICRA seeks reforms

Per ICRA, the number of resolution plans (RP) approved by the NCLT under the IBC showed a marginal dip to…

Updated: May 28, 2025 10:16 IST

JSW Steel, Supreme Court, liquidation, Bhushan Power and Steel, status quo, Liquidation Proceedings, NCLT

Big relief for JSW Steel: Supreme Court orders status quo on liquidation of Bhushan Power

The Supreme Court directed for status quo on NCLT proceedings on liquidation of Bhushan Power and Steel Ltd (BPSL).

Updated: May 26, 2025 13:52 IST

Financial Technologies India, FTIL, market, investors, NSEL Investors Forum, NIF

NSEL one-time settlement gets nod from 93% investors

93% of investors have approved a one-time Rs 1,950 crore settlement in the NSEL scam, marking a major step toward…

May 20, 2025 22:52 IST

Indian Bank, NCLT, banking, banks, NIM, MSME, State Bank of India,

‘Indian Bank plans to recover Rs 6,500 crore in FY26,’ says Binod Kumar

Indian Bank CEO Binod Kumar outlines FY26 plans, targeting Rs 6,500 crore in recoveries, 10–12% credit growth, and 3.15–3.20% NIM…

Updated: May 5, 2025 21:25 IST

IBC, SC, Supreme Court, Committee of Creditors, Bhushan Power & Steel, JSW steel

Another blow to IBC: JSW-BPSL verdict may deter future resolution applicants

The SC has rightly punished the guilty but has gone overboard by ordering liquidation.

May 5, 2025 03:00 IST

Byju, Byjus, Byju Raveendran, fir, Ernst and young, ey, glas trust, insolvency, nclt order, edtech startup, byjus centre, what happened to byjus, edtect news, startup, byju's, byjus, byju Raveendran, nclt, startup, social media, viral video, fraud,

‘I am not a flower; I am the fire…’: Byju Raveendran files FIR against EY executives

The developments came weeks after a LinkedIn post attributed to an EY whistleblower claimed that the firm had supported Glas…

April 8, 2025 15:46 IST

‘Caught on video conspiring’, Byju Raveendran’s BIG claim amid legal battle

Ed-tech startup Byju’s has seen a staggering fall from grace in recent years and remains in the midst of a…

April 2, 2025 19:45 IST

NCLT, Aakash, edtech, AESL, Think & Learn, Byjus, Industry

NCLT orders status quo on Aakash shareholding

NCLT orders status quo on Aakash Education Services shareholding until April 30, halting its bid to amend the Articles of…

March 28, 2025 06:14 IST

NCLT, ICICI Securities, ICICI Bank, National Company Law Appellate Tribunal, MF, Mutual Funds

Tribunal upholds NCLT approval for ICICI Securities delisting

The NCLT order was challenged by both the petitioners, alleging undervaluation of shares and manipulation, before the appellate tribunal.

March 11, 2025 01:00 IST

Insolvency board, Banking, banks, IBBI, Insolvency and Bankruptcy Code, NCLT

Insolvency board mulls more regulatory changes

The IBBI, in the past 18 months, has introduced key tweaks, which includes tightening procedural safeguards, and improving disclosure norms…

March 6, 2025 20:45 IST

NCLT, SC, supreme court, Industry, Insolvency and Bankruptcy Board of India, IBBI, IBC, Ministry of Corporate Affairs, MCA

21 new NCLT members get to work after SC rap over delays

In July 2024, Finance Minister Nirmala Sitharaman had said that appropriate changes to the IBC, reforms and strengthening of the…

March 2, 2025 18:35 IST

Industry, budget 2025, NCLT, MCA, National Company Law Appellate Tribunal, National Company Law Tribunal

Budget 2025: Strengthening of NCLT tops MCA’s wish list

In her last budget speech, finance minister Nirmala Sitharaman said that “strengthening of the tribunal and appellate tribunals will be…

January 10, 2025 02:00 IST

Food Square, Industry, IIT Bombay, Foodhall, Food Stories, gourmet food, retail store

Food Square takes on Foodhall’s mantle as food retailer to affluent, aims big

Almost 90-95% of Food Square’s products are imported and around 5-10% are sourced from Indian suppliers. Food Square’s second store…

December 6, 2024 00:05 IST

Aakash, Manipal Health Systems, Singapore International Arbitration Centre, SIAC, MFA, Articles of Association, AoA, NCLT, Byju, Industry

Aakash AoA: SC stops plan, tells NCLAT to take call

The investors have argued that the proposed amendments were designed to dilute their stake in Aakash, a profitable entity acquired…

November 30, 2024 06:00 IST

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The silent crisis of 50: Why we are lonely despite being ‘connected’

Life57 min ago

As we reach 50, a quiet sense of loneliness sets in due to empty nests, aging parents, and distant friends. Our society no longer provides built-in communities, leaving us emotionally depleted. To combat this, we must actively seek connections through activities like walking, reading, and volunteering.

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