Page 9 of NCLT

Sanjiv Kapoor is CEO-Designate, Jalan Kalrock clarifies

Chhawchharia’s mail was a result of another mail sent to the RP seeking clarification over the precise designation of Kapoor.…

Updated: January 3, 2023 08:05 IST

Bandra Kurla Complex, BKC properties, Jebel Ali Industrial First, Jet 2, nclt,

Jalan Kalrock offered Dubai properties as securities to lenders for Jet 2.0

These carried a release date in the fifth year from the start of operations of Jet 2.0 or complete payment.…

December 22, 2022 03:45 IST

Shyam Metalics plans to invest Rs 7,500 crore

With a diversification approach, the company is planning to invest around Rs 7,500 crore over the next five years for…

Updated: December 21, 2022 07:47 IST

IDBI Bank files insolvency plea against Zee Entertainment to recover Rs 149.60 crore

IDBI Bank has claimed an amount of Rs 149.60 crore, which has been disputed by ZEEL, said a regulatory update…

December 15, 2022 18:45 IST

Jet Airways, Jet Airways news, Jet Airways latest, NCLT, by Jalan Kalrock Consortium, National Company Law Tribunal, aviation news

NCLT adjourns Jet Airways resolution matter

The NCLT on Tuesday adjourned the matter to December 6.

November 30, 2022 05:20 IST

Suitors raises concerns over bidding process as Reliance Capital resolution enters final stage

According to sources, the decision of the Committee of Creditors (CoC) to introduce a new clause ‘Challenge Mechanism’ in the…

Updated: October 30, 2022 15:22 IST

Transactions under former Srei management under lens

The total impact of these transactions amounted to close to Rs 1,500 crore.

Updated: October 21, 2022 08:00 IST

Clouds of resolution period delay, NCLT manpower crunch over IBC ‘sheen’

In terms of realisations till the end of June, creditors have realised Rs 2.35 lakh crore under the resolution plans…

October 9, 2022 16:15 IST

Dish TV, nclt on Dish TV, Dish TV yes bank case

HC asks NCLT to hear Yes Bank plea against Dish TV on Nov 3

Yes Bank, the largest shareholder in Dish TV with a 25.63% stake, had moved the NCLT’s Mumbai bench asking the…

October 8, 2022 03:00 IST

The plea was filed by one of the creditors of the airline, Acres Buildwell, to whom SpiceJet owes Rs 3.25 crore.

SpiceJet gets notice from NCLT

A September 2 NCLT order had granted SpiceJet two weeks to file its reply as to why the insolvency process…

September 24, 2022 02:45 IST

Insolvency initiation: SC upholds NCLT’s discretionary powers

While seeking review of the judgment, Mehta and Divan told the SC that there was a need to revisit the…

September 23, 2022 02:45 IST

HDFC Life Insurance had last year announced 100% acquisition of Exide Life and the subsequent merger.

NCLT nod to Exide Life HDFC Life merger

The NCLT has sanctioned the Scheme of Amalgamation under Sections 230 to 232 of the Companies Act, 2013, it said.…

September 17, 2022 02:15 IST

Srei: NCLT approves further 60-day extension for completion of CIRP

As of January 31, the administrator admitted total claims of Rs 22,964.64 crore of commercial banks of SIFL and SEFL,…

September 15, 2022 00:45 IST

NCLT tells ZEEL to hold shareholders’ meet on Oct 14

The tribunal, in its order pronounced in the court on August 24, had directed ZEEL to hold the meeting on…

Updated: September 8, 2022 07:50 IST

NCLT recoveries improve to 30.6% in Q1FY23 from 26% in Q1FY22

Total admitted claims of financial creditors rose from Rs 6,84,901.3 crore in March 2022 to Rs 7,67,384.9 crore in June…

Updated: September 3, 2022 13:11 IST

bank of india Future Lifestyle Fashions case

Bank of India moves NCLT against Future Lifestyle Fashions, files insolvency plea

A copy of the petition filed before the NCLT, under Section 7 of the Insolvency and Bankruptcy Code, has been…

August 30, 2022 15:33 IST

Future Enterprises faces second plea to initiate insolvency

The latest petition is filed against Future Enterprises by Retail Detailz India, claiming default of Rs 4.02 crore before the…

August 24, 2022 14:27 IST

NCLT president Justice Ramalingam Sudhakar could not be contacted for comment.

Liquidator of bankrupt Chennai firm seeks contempt action against NCLT members

Sivakumar alleged that Anil Kumar continued to hear the matter even after putting in his papers, after an extension of…

Updated: August 12, 2022 10:05 IST

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