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 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 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 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
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
Go First insolvency: NCLT grants additional 60-day extension to complete resolution process The decision came after a plea was filed by the resolution professional (RP) of Go First, seeking more time to… February 13, 2024 19:32 IST
Zee-Sony Merger: NCLT Mumbai agrees to hear Zee’s plea seeking implementation of mega media deal Zee Sony Case Latest News: The development comes day after Sony (now Culver Max) expressed its disappointment over the decision… Updated: February 6, 2024 12:24 IST
Record 225 resolution plans approved till now: NCLT President Ravi Mital, chairperson, IBBI, meanwhile mentioned the need for continuous innovation in the ecosystem by all the stakeholders. January 22, 2024 05:00 IST
NCLT adjourns Future Retail case, pushes it to January 4 Tribunal asks parties to maintain status quo December 23, 2023 00:50 IST
Ramkrishna Forgings secures NCLT approval for acquisition of ACIL Ltd Lalit Kumar Khetan, Whole Time Director & CFO, Ramkrishna Forgings Limited, said, “We are pleased to announce the NCLT approval… December 22, 2023 15:13 IST
NCLT directs Swan Energy to make upfront payment for Reliance Naval Swan Energy is yet to make the upfront payment of around Rs 250 crore as proposed in the resolution plan,… October 8, 2023 13:09 IST
Insolvency & Bankruptcy Code cannot be used as a tool for recovery, says NCLT The Principal Bench of the National Company Law Tribunal (NCLT) was hearing the plea for initiating insolvency against Orris Infrastructure… September 19, 2023 21:50 IST
NCLT rejects Torrent plea seeking approval of resolution plans for Reliance Capital The tribunal’s Mumbai bench in its written order said that the interlocutory application (IA) “stands disposed of as rejected”. September 14, 2023 05:50 IST
NCLT extends Future Retail’s insolvency deadline to Sept 15 A written order is awaited, FRL said in a regulatory update. September 14, 2023 03:05 IST
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