National Company Law Tribunal

Jaypee Infra insolvency: IRP floats EoI for resolution plans

NCLT has admitted the application by an IDBI Bank-led consortium seeking resolution for Jaypee Infratech under the Insolvency and Bankruptcy Code.

Oct 27, 2017, 16:38 PM IST

NCLT approves withdrawal of RCom, Aircel merger deal

The order also approved withdrawal of demerger of tower business of Reliance Infratel to Towercom Infrastructure, the filing said.

Oct 14, 2017, 19:51 PM IST

NCLT reserves order on Cyrus Mistry plea to transfer case

During the proceedings, senior lawyer C A Sundaram appearing for Mistry family's two investment firms, said the Mumbai bench could have a cause of bias.

Oct 05, 2017, 13:59 PM IST

Cyrus Mistry seeks transfer of pleas against Tatas to Delhi bench

The transfer pleas filed by the two investment firms scheduled for hearing tomorrow before the Principal bench of the NCLT headed by Chairman Justice M M Kumar.

Oct 04, 2017, 23:02 PM IST

SC asks IRP to take over Jaypee management; directs company to deposit Rs 2000 crore

It also restrained the Managing Director and Directors of Jaypee Infratech, a sister company of Jaypee associates, from travelling abroad without its prior permission.

Sep 11, 2017, 14:11 PM IST

SC asks Jaypee Infratech to deposit Rs 2000 crore

SC has restrained the  managing director and directors of Jaypee Infratech from leaving country without its permission.

Sep 11, 2017, 14:06 PM IST

Jaypee insolvency case: IDBI moves SC against stay on NCLT proceedings

The Supreme Court on Tuesday agreed to hear IDBI Bank's plea seeking modification of its order staying insolvency proceedings against embattled real estate firm Jaypee Infratech on September 11.

Sep 05, 2017, 12:28 PM IST

Supreme Court stays insolvency proceedings against Jaypee Infratech

Supreme Court has stayed NCLT's order to start insolvency proceedings against Jaypee Infratech. The news is a big relief for home buyers. Watch to know more.

Sep 04, 2017, 17:31 PM IST

SC stays insolvency proceedings against Jaypee Infratech

Earlier, the Supreme Court had on August 23 agreed to hear a plea of several aggrieved flat-buyers who had booked their dream home in several projects of Jaypee Infratech, against whom insolvency proceedings have started.

Sep 04, 2017, 12:55 PM IST

UCO Bank has Rs 7,500 crore exposure in identified stressed accounts

According to Takkar, the apex bank has given time up to December 13,to find a normal resolution and the lenders were directed to take companies to National Company Law Tribunal if the normal resolution fails.

Aug 30, 2017, 23:32 PM IST

SBI favours equal treatment of lenders, buyers in projects

The NCLT has appointed Anuj Jain as the interim resolution professional (IRP) to carry out the proceedings under the Insolvency and Bankruptcy Code 2016.

Aug 28, 2017, 17:53 PM IST

NCLT's insolvency proceedings forces Jaypee to 'adjust' deals

Jaypee Infratech is offering its flat owners fresh deals to shift their bookings to its new property in Greater Noida.

Aug 21, 2017, 11:36 AM IST

NCLT approves RCOM-Aircel merger, Brookfield deal

The National Company Law Tribunal (NCLT) on Monday passed an order allowing the Aircel-Reliance Communications merger and also the Brookfield Towers sale to proceed.

Aug 14, 2017, 15:48 PM IST

NCLT approves demerger of RCap's home finance biz

As part of the deal, nearly 1 million shareholders of Reliance Capital will be allotted one free share of Reliance Home Finance Ltd for every share held.

Aug 11, 2017, 17:46 PM IST

NCLT admits insolvency petition of IDBI against Jaypee Infra

The National Company Law Tribunal has admitted the insolvency petition filed by IDBI Bank against debt-ridden Jaypee Infratech.

Aug 11, 2017, 10:03 AM IST

Idea Cellular seeks NCLT approval for merger with Vodafone

According to the statement, the application was filed on Monday before the Ahmedabad Bench of the NCLT.

Aug 08, 2017, 15:05 PM IST

Idea-Vodafone deal gets conditional go-ahead from Sebi, bourses

BSE and NSE said they reserve rights to raise objections at any stage if the information submitted to them is found to be incomplete, incorrect, misleading, false or for any contravention of rules and regulations.

Aug 07, 2017, 20:45 PM IST

Banks may need 20% extra provisioning for 50 top bad debts: Study

The Insolvency and Bankruptcy Code will help in protecting creditor interest in the sense that a start-up firm that gets insolvent can be wound up on a fast-track basis within 90 days. 

Aug 03, 2017, 14:06 PM IST

Challenge lies in IBC's successful implementation: SC judge

Emphasising that the Code is important for the country's economy, Justice Sikri said interpreting the law is also a challenge before National Company Law Tribunal (NCLT) and Insolvency and Bankruptcy Board of India (IBBI).

Jul 29, 2017, 15:58 PM IST

NCLT reserves order on Bhushan Steel bankruptcy petition

The National Company Law Tribunal (NCLT) on Wednesday reserved its order over the bankruptcy petition filed by the country's largest lender SBI against Bhushan steel Ltd.

Jul 19, 2017, 14:14 PM IST