Former Fortis Healthcare promoter Shivinder Singh sues brother Malvinder, ends business ties
Shivinder also alleged that collective and ongoing actions of his elder brother and Godhwani led to a systemic undermining of the interests of companies and their shareholders.
Sep 05, 2018, 07:03 AM IST
SC asks NCLT to deal with insolvency proceedings against Jaypee group
A bench headed by Chief Justice Dipak Misra said the limitation period of 180 days to conclude the insolvency proceedings will commence from today.
Aug 09, 2018, 12:33 PM IST
Cyrus Mistry's plea challenging removal as Tata Sons chairman rejected by tribunal
The Tribunal further added that Mistry was removed because Tata Sons Board and its members lost confidence in him.
Jul 09, 2018, 11:25 AM IST
ICICI Bank's insolvency plea may not be admitted by NCLT: Punj Lloyd
The two-member bench has directed to list the matter on July 24 for next hearing.
Jun 15, 2018, 11:33 AM IST
NCLAT directs RP to give comments only on revised bids of Binani Cement
The National Company Law Appellate Tribunal (NCLAT) made the remarks while hearing an application filed by UltraTech in the Binani Cement insolvency matter.
May 15, 2018, 18:41 PM IST
NCLT approves Tata Steel bid for Bhushan Steel
The tribunal also dismissed a plea filed by the employees of Bhushan Steel opposing Tata Steel's bid and imposed a fine of Rs 1 lakh.
May 15, 2018, 12:07 PM IST
NCLT asks Binani Cement's CoC to consider UltratTech's revised bid
The NCLT bench also directed the CoC to consider Dalmia Bharat Group's RPPL resolution plan if it matches UltraTech's offer.
May 02, 2018, 17:55 PM IST
NCLT approves Vedanta's resolution plan for Electrosteel
Vedanta informed stock exchanges that it was declared "successful resolution applicant" under the insolvency process and had received the Letter of Intent.
Apr 17, 2018, 17:09 PM IST
Binani Industries to move Supreme Court with Rs 7,618 crore offer
Redeeming the pledge will mean seeking an end to the bankruptcy proceedings against it from the National Company Law Tribunal (NCLT).
Apr 09, 2018, 11:25 AM IST
Binani Cement's CoC decides to stick with Rs 6,350 crore offer from Dalmia Bharat Cement
The decision was taken at a late night meeting of the CoC held in Kolkata.
Apr 05, 2018, 10:50 AM IST
Will Reliance Jio, Airtel help in keeping Aircel's network running?
Aircel has filed for bankruptcy saying high debt and mounting losses, following a price war triggered by a new entrant, have led the company to troubled times.
Mar 02, 2018, 12:19 PM IST
Aircel files for bankruptcy under insolvency code: 10 points
Know the top 10 updates on Aircel bankruptcy.
Mar 01, 2018, 09:14 AM IST
Difficult times ahead for Aircel staff, warns company
Aircel may soon file for bankruptcy at the National Company Law Tribunal (NCLT).
Feb 21, 2018, 11:32 AM IST
Binani Industries approaches to NCLT over Binani Cement sale
In July last year, NCLT had admitted the insolvency petition against Binani Cement after it failed to repay its debtors.
Feb 20, 2018, 09:40 AM IST
Aircel to soon file for bankruptcy at NCLT: Report
The lenders are scheduled to meet on Tuesday to decide on appointments and the future course of action.
Feb 19, 2018, 13:19 PM IST
Nirav Modi effect? PNB sees 23% rise in outstandings against big wilful defaulters
The 123-year old state-lender has unearthed Rs 11,400 crore fraud allegedly involving billionaire jeweller Nirav Modi and associate entities.
Feb 18, 2018, 17:44 PM IST
Banks set to refer 23 of 28 large stressed accounts to NCLT
These 28 accounts together account for 40 percent of bad loans of around Rs 4 trillion.
Dec 13, 2017, 12:39 PM IST
Centre to take over management of Unitech in consumer interest
NCLT has directed government to submit the 10 names by December 20.
Dec 09, 2017, 15:06 PM IST
NCLT suspends Unitech directors, allows govt to appoint 10 nominees
Unitech owes Rs 723 crore to 51,000 fixed deposit holders.
Dec 08, 2017, 15:25 PM IST
Nothing legally wrong in promoters bidding for NCL assets: SBI
There have been reports that a few lenders and some bidders have objected to promoters bidding for their own stressed accounts.
Nov 06, 2017, 16:39 PM IST
