The first meeting of the stakeholders’ consultation committee of Incab Industries will take place in Calcutta on Thursday. The meeting was called by Shashi Agarwal, who has been appointed liqui...

The apex court considered the plea of the operators to pay over 20 years as too long. “The arrears have accumulated for the last 20 years. It is also to be noted that some of the companies are ...

The New Delhi-based National Company Law Appellate Tribunal (NCLAT) has admitted an appeal filed by workers of Incab Industries, challenging the liquidation order passed earlier by the Calcutta-b...

The committee of creditors of Reliance Communications Ltd (R-Com) met on Monday in the wake of the insolvency proceedings initiated against promoter Anil Ambani and the department of telecommunication...

The National Company Law Tribunal (NCLT) on Friday set the stage for insolvency proceedings against Reliance Communications chairman Anil Ambani after it appointed a resolution professional to recover...

The Supreme Court on Thursday said it was “extremely worried” that the AGR (adjusted gross revenue) dues of the telecom players under bankruptcy would be “wiped out” if they we...

The DoT has opposed the resolution plan of R-Com and its subsidiary Reliance Telecom (RTL) citing it will not recover its dues from the plan proposed by the lenders . The Mumbai bench of the National...

Employees of the ailing Incab Industries based at its Calcutta head office lodged two FIRs with police against the liquidator of the company, Shashi Agarwal, alleging he had sealed their office withou...

The National Company Law Tribunal (NCLT) has approved a Rs 2,700-crore bid by Deccan Value Investors (DVI) for debt-ridden Amtek Auto.  The Chandigarh bench of the NCLT has approved the res...

The National Company Law Tribunal has granted six weeks to the promoters of Visa Steel to save the company from slipping into insolvency.NCLT Calcutta asked Visa Steel to get a clear order from Orissa...