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National Company Law Appellate Tribunal Nclat
Business  /  Published 07.07.20

UltraTech Cement to sell China plant for $120m

UltraTech Cement on Tuesday announced that  its arm-Krishna Holdings Pte Ltd (Krishna) will sell its entire stake in Shandong Binani Rongan Cement Company Ltd for an enterprise value of $120 mill...
By Our Special Correspondent in Mumbai

Business  /  Published 12.06.20

Cyrus Mistry lens on Tata show

Cyrus P Mistry, who was removed as the chairman of Tata Sons in 2016, has pointed to the poor performance of the Tata group under current chairman N. Chandrasekaran.In an affidavit filed in the Suprem...
By TT Bureau in Mumbai

Jharkhand  /  Published 15.03.20

Incab hearing put off

Incab Industries’ hearing in New Delhi-based National Company Law Appellate Tribunal (NCLAT) has hit the coronavirus wall.The next NCLAT hearing on a petition filed by employees challenging National...
By Pinaki Majumdar in Jamshedpur

Business  /  Published 04.03.20

Flipkart faces fresh CCI probe

The National Company Law Appellate Tribunal (NCLAT) on Wednesday asked fair trade regulator CCI to initiate again the probe against e-commerce major Flipkart for an alleged misuse of its dominant posi...
By PTI in New Delhi

Business  /  Published 27.02.20

NCLT dismisses Flipkart insolvency case

The National Company Law Appellate Tribunal (NCLAT) has set aside the order of the NCLT to initiate insolvency proceedings against e-commerce major Flipkart. A three-member bench of the NCLAT released...
By PTI in New Delhi

North East  /  Published 24.02.20

Centre denies Rs 90cr release

The Centre told Gauhati High Court on Monday that Parliament has not released Rs 90 crore for payment of salaries of employees of Cachar Paper Mill at Panchgram in Hailakandi district and Nagaon Paper...
By Swapneel Bhattacharjee in Silchar

Business  /  Published 21.02.20

ED contests JSW immunity

The enforcement directorate is in talks with the ministry of corporate affairs to decide on the next course of action for Bhushan Power & Steel even as JSW Steel is working actively to close the t...
By in Calcutta

Business  /  Published 18.02.20

Liberty House Group takes over Adhunik Metaliks

India-born British businessman Sanjiv Gupta’s Liberty House Group Plc has completed the acquisition of Adhunik Metaliks Ltd and its subsidiary Zion Steel by paying Rs 425 crore to the lenders under ...
By Our Special Correspondent in Calcutta

Business  /  Published 17.02.20

Immunity in Bhushan deal

The National Company Law Appellate Tribunal (NCLAT) on Monday gave JSW Steel Ltd immunity from all criminal investigations after its takeover of Bhushan Power & Steel Ltd, whose assets were sought...
By TT Bureau in New Delhi

Jharkhand  /  Published 13.02.20

Incab union to challenge order

Tata Steel will use the Founder’s Day celebration in the city to send a message of preparedness for the next decade.The private steel major, which has already begun decking up the city for the 181st...
By Pinaki Majumdar in Jamshedpur


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