Page 4 of NCLT

NCLT orders Go First to release four ELF Aircraft engine

The tribunal’s directive follows a submission by the resolution professional (RP) representing Go First, indicating that the process of returning…

July 12, 2024 07:30 IST

MCA seeks easing of CSR rules, funds for MCA21, NCLT

In the Interim Budget 2024-25, the MCA was allocated Rs 667.06 crore, which was lower than the budgeted expenditure of…

July 12, 2024 04:20 IST

Air India-Vistara merger gets approval; NCLT gives nod for world’s largest airline group

Under the merger deal, Singapore Airlines will own 25.1 % stake in Air India.

Updated: June 7, 2024 14:58 IST

US lenders urge NCLT to restrain Byju’s from selling shares

Even after they filed the plea in February, promoter Byju Raveendran borrowed Rs 350 crore in exchange for some of…

May 30, 2024 01:00 IST

The shareholders of diversified conglomerate ITC have approved a proposal to demerge its hotels business

Proxy advisory firms differ on ITC demerger

On the contrary, two other proxy advisory firms — Stakeholders Empowerment Services (SES) and InGovern Research Services — have asked…

May 28, 2024 03:40 IST

NCLT allows IL&FS Transportation Networks to offload shares in an expressway project

The NCLT has granted permission to IL&FS Transportation Networks to sell its shares in the Moradabad Bareilly Expressway project to…

May 19, 2024 09:26 IST

Google may be planning a return to the market for augmented and virtual reality

NCLAT asks Google, CCI to respond to startups’ plea

Tribunal gives a week to file reply

May 11, 2024 01:15 IST

DGCA’s bold move: Deregisters airline’s 54 leased planes, lessors can seek recovery

This move grants lessors the freedom to reclaim their aircraft from the struggling carrier, which is grappling with financial woes…

Updated: May 2, 2024 15:40 IST

Companies Act tweak, IBC among MCA’s 100-day plan

Separate NCLT benches for insolvency and company regulation

April 27, 2024 03:45 IST

No relief yet for Byju’s on use of funds

In its order earlier this year, the NCLT, Bengaluru bench, had said the funds received by the company with respect…

Updated: April 24, 2024 10:58 IST

Byju’s disburses partial March salaries

Raveendran has taken on personal debt to facilitate disbursement

Updated: April 23, 2024 09:40 IST

Torrent bank guarantee for RCap to be released

SC will continue to hear the pending petition.

March 19, 2024 02:00 IST

nclt, reliance capital, rcap, nclt plea, hinduja group, industry

NCLT allows RCap administrator plea seeking correction in 90-day period

The tribunal’s Mumbai bench which heard the case on Wednesday said the 90-day period for the implementation of the plan…

March 14, 2024 01:30 IST

nclt, IFFCO, Swan Energy Ltd, fertilisers, industry

NCLT denies interim relief to IFFCO; asks Triumph Offshore to discuss issues raised in IFFCO’s plea before April 4

Triumph Offshore is a joint venture between fertiliser player IFFCO and Swan Energy Ltd (SEL) which is engaged in onshore…

March 9, 2024 17:45 IST

nclt, iffco, swan energy, topl, industry

NCLT refuses to grant an interim relief to IFFCO

TOPL is a joint venture between IFFCO and Swan Energy, with the latter holding the majority 51% stake.

March 9, 2024 01:30 IST

Lenders may take JAL to NCLT

“Going by the past record, the actual amount of recovery from NCLT is not very encouraging. Bankers prefer NARCL over…

February 28, 2024 06:20 IST

NCLT reserves order on investors’ plea against Byju’s rights issue

Reports say that the four investors that have moved the NCLT are Peak XV Partners, General Atlantic, Prosus and Sofina.

Updated: February 27, 2024 18:23 IST

Hinduja Group, IIHL, Reliance Capital, NCLT, debt restructuring, insolvency resolution framework, financial challenges, debt, payment defaults

NCLT approves Hinduja Group firm IndusInd International Holdings’ resolution plan for Reliance Capital

The Mumbai bench of the NCLT approved the plan submitted by IIHL (IndusInd International Holdings Limited) in June 2023 in…

Updated: February 27, 2024 13:20 IST

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Anand Rathi sets IPO price band at Rs 393-414

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