National Company Law Tribunal Nclt
Jharkhand  /  Published 14.07.20

Incab employees cry foul

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...
By Pinaki Majumdar in Jamshedpur

Business  /  Published 12.07.20

Amtek Auto bid worth Rs 2,700cr approved by NCLT

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...
By PTI in New Delhi

Business  /  Published 14.01.19

Breather for Visa Steel

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...
By Sambit Saha in Calcutta

Business  /  Published 17.12.19

Slots key to Jet Airways revival

The aviation ministry and the directorate general of civil aviation (DGCA) on Tuesday informed the National Company Law Tribunal (NCLT) that they will positively consider any concrete business plan fo...
By PTI in Mumbai

Jharkhand  /  Published 09.12.19

Incab hearing on January 9

All eyes are fixed on the hearing of Calcutta bench of National Company Law Tribunal (NCLT) on the revival of steel city’s Incab Industries Limited.Incab sources said the NCLT, a quasi-judicial body...
By Our Special Correspondent in Jamshedpdur

Business  /  Published 13.11.18

Fresh snag in Essar Steel resolution

Thirty operational creditors (OCs) having a cumulative exposure of around Rs 600 crore to bankrupt steel producer Essar Steel have moved the company law tribunal in Ahmedabad, potentially delaying the...
By Sambit Saha in Calcutta

Business  /  Published 12.11.18

IL&FS starts asset sale drill to turn around

According to the company, in order to ascertain market interest and examine the feasibility of maximisation of value in an orderly and transparent manner, the board on Monday initiated the process of ...
By Our Special Correspondent in Mumbai

Business  /  Published 19.02.20

McLeod Russel fails to repay loan

Embattled bulk tea producer McLeod Russel has disclosed that it has defaulted in servicing loans worth Rs 1,187.09 crore at the end of the third quarter.In a communication to the stock exchanges, the ...
By in Calcutta

Business  /  Published 14.06.20

Jet Airways to sell BKC space to clear HDFC dues

The National Company Law Tribunal (NCLT) has allowed Jet Airways to sell its premises in Bandra Kurla Complex (BKC) to settle Rs 360 crore dues of mortgage lender HDFC, clear overseas debt and cover ...
By PTI in Mumbai

Business  /  Published 01.05.20

NCLT in transfer drive

In an organisational reshuffle, the National Company Law Tribunal (NCLT) has transferred eight members to different benches across India with immediate effect. According to a notification issued by t...
By PTI in New Delhi


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