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National Company Law Tribunal Nclt
Business  /  Published 18.01.22

SC upholds decision to wind up Devas

The Supreme Court has upheld the decision to wind up Devas Multimedia Pvt. Devas is at the centre of a snowballing controversy that erupted after the UPA government in 2011 annulled an agreement that...
By Our Legal Correspondent in New Delhi

Business  /  Published 26.12.21

RIL U-turn on O2C approved

The National Company Law Tribunal (NCLT) has allowed Reliance Industries to withdraw its proposal to demerge its oil-to-chemicals (O2C) business, which effectively rings down the curtain on a two-year...
By Our Special Correspondent in Mumbai

Business  /  Published 25.12.21

Yes Bank to vote in Dish AGM

The Mumbai bench of the National Company Law Tribunal (NCLT) on Friday gave the green signal to private sector lender Yes Bank to vote in the forthcoming annual general meeting (AGM) of Dish TV. The ...
By Our Special Correspondent in Mumbai

Business  /  Published 23.12.21

Zee seals merger terms with Sony

Zee Entertainment Enterprises Ltd and Sony Pictures Networks India Pvt Ltd (SPNI) have signed definitive agreements for a merger that will see them combining their networks, digital assets, production...
By Our Special Correspondent in Mumbai

Business  /  Published 21.12.21

Future group stocks zoom

Future group stocks were on the overdrive on Monday, fuelled by the possibility of Future Retail Ltd (FRL) taking the legal route to terminate all the cases filed by Amazon against the takeover of Fut...
By Our Special Correspondent in Mumbai

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Business  /  Published 17.12.21

Revival plan for Kilburn

Gujarat-based Meghmani Organics’s resolution plan for Kilburn Chemicals has been approved by the National Company Law Tribunal, Calcutta. BSE-listed Meghmani has proposed to pay 61.32 per cent ...
By Sambit Saha in Calcutta

Business  /  Published 15.12.21

SC clips IBC tribunals’ wings

In a significant verdict, the Supreme Court on Tuesday held that the National Company Law Tribunal (NCLT) cannot compel a party to settle a dispute under the Insolvency and Bankruptcy Code (IBC) as it...
By PTI in New Delhi

Business  /  Published 11.12.21

DoT bid to revoke Videocon resolution

The Department of Telecommunications (DoT) has moved the insolvency appellate tribunal NCLAT against the NCLT order approving the consolidated resolution plan for 13 companies of Videocon Group, inclu...
By PTI in New Delhi

Business  /  Published 08.12.21

Bid for Srei duo joint insolvency

Financial creditors of Srei group non bank finance companies — Srei Infrastructure Finance (SIFL) and Srei Equipment Finance (SEFL) — could go forward with a joint insolvency proposal with...
By A Staff Reporter in Calcutta

Business  /  Published 07.12.21

Tribunal to initiate Rel Cap insolvency

The Mumbai bench of the National Company Law Tribunal (NCLT) on Monday admitted a petition moved by the Reserve Bank of India (RBI) to initiate insolvency proceedings against Anil Ambani’s Relia...
By Our Special Correspondent in Mumbai


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