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National Company Law Tribunal Nclt
Business  /  Published 30.04.19

Lenders make fresh plans for Adhunik

Lenders have formally sought to restart the resolution process in Adhunik Metaliks after UK-based Liberty House failed to make an upfront payment after missing several deadlines.Counsel for the commit...
By Sambit Saha in Calcutta

Jharkhand  /  Published 15.04.19

Incab workers issue vote boycott threat in Jamshedpur

Employees of sick cable-maker Incab Industries want to boycott the coming Lok Sabha polls as they feel nothing had been done for them for the past 19 years since the company was referred to the Board ...
By Pinaki Majumdar in Jamshedpur


Business  /  Published 13.06.20

M&A during a pandemic

The Covid-19 pandemic has plunged business activity into a chaotic state, with companies across the board impacted by the lockdown and its aftereffects, and revenues vanishing almost overnight. Conseq...
By in

Business  /  Published 09.02.19

Anil firms threaten legal action

The Anil D Ambani group on Saturday stepped up its fight against L&T Finance and Edelweiss over their move to invoke pledged shares and sell them in the open market.The boards of three firms from ...
By Our Special Correspondent in Mumbai

Business  /  Published 03.02.19

R-Com sticks to old plan

Reliance Communications Ltd (R-Com), the Anil D. Ambani-led company, on Sunday said it would propose a similar debt resolution plan before the National Company Law Tribunal (NCLT) as it was pursuing o...
By Our Special Correspondent in Mumbai

Business  /  Published 29.01.19

NCLT bins Ruia bid for Essar Steel

Ruias live in hopeThe Ruias are hoping to challenge the NCLT order — and will be basing their argument on a ruling given by Supreme Court Justices R.F. Nariman and Navin Sinha in the case of Brillia...
By Sambit Saha in Calcutta

North East  /  Published 25.12.19

Mill workers fume over vacate order

A recent order by the liquidator to occupants of all quarters of Hindustan Paper Corporation Limited to vacate by January 31, 2020, has “set the ball rolling” for the company’s liquidation, acco...
By Swapnaneel Bhattacharjee in Silchar

Business  /  Published 21.01.19

Srei step to list crown jewel

The Kanorias of infrastructure company Srei have proposed a scheme of arrangement to list the crown jewel of their business empire, Srei Equipment Finance, on the bourses after abandoning plans of an ...
By Our Special Correspondent in Calcutta

North East  /  Published 05.02.20

Court boost to mill workers’ protest

Delhi High Court’s recent directive to keep in abeyance the order of Hindustan Paper Corporation’s liquidator to vacate the HPC’s quarters has given fresh impetus to the unions of the two paper ...
By Swapnaneel Bhattacharjee in Silchar


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