RBI advises banks to allocate higher provisioning for 12 stressed accounts
An Internal Advisory Committee (IAC) was constituted by the RBI, which in its first meeting selected 12 large corporate loan accounts to be referred to the NCLT for immediate resolution.
Jun 27, 2017, 17:17 PM IST
Home finance listing: RCap gets NCLT nod for shareholders' meet
The company has already received 'no-objection' from the BSE and the NSE on the scheme.
Jun 21, 2017, 14:54 PM IST
12 defaulters identified by RBI to be named soon: Finance Ministry
The Finance Ministry on Wednesday said names of the 12 big defaulters identified by the RBI for initiation of bankruptcy proceedings will soon be made public.
Jun 14, 2017, 21:49 PM IST
Airtel receives CCI nod for merger with Telenor India
Bharti Airtel on Tuesday said the Competition Commission of India (CCI) has approved the proposed merger of Telenor India with the company.
Jun 06, 2017, 11:40 AM IST
Airtel-Telenor merger gets SEBI, BSE, NSE nod
Bharti Airtel has received the approval of the Securities and Exchange Board of India (SEBI), BSE and National Stock Exchange of India Limited (NSE) for the proposed merger with Telenor (India), a company statement said here on Thursday.
Jun 01, 2017, 18:25 PM IST
NCLAT to hear Mistry pleas on maintainability, waiver on May 4
The National Company Law Appellate Tribunal will hear on May 4 maintainability of ousted Tata Group chairman Cyrus Mistry's petition alleging "mismanagement and oppression of minority" at Tata Sons, along with waiver of shareholding requirement rules.
Apr 27, 2017, 15:22 PM IST
Tata Sons welcome NCLT order
Tata Sons on Monday welcomed the order of an apex corporate tribunal which ruled against a petition that had alleged mismanagement by the company.
Apr 24, 2017, 17:12 PM IST
Ratan Tata praises judicial process for 'professionalism'
Top industrialist Ratan Tata today praised the judicial process for its "professionalism and fairness", days after the NCLT rejected Cyrus Mistry's plea against Tata Sons.
Apr 22, 2017, 21:41 PM IST
Cyrus Mistry appeals against NCLT rejecting waiver plea in Tata case
Ousted Tata Sons Chairman Cyrus Mistry has moved appellate tribunal NCLAT against the National Company Law Tribunal, which had rejected his plea for waiver in the eligibility criteria for filing case against the Tata Group.
Apr 21, 2017, 20:20 PM IST
NCLT dismisses Cyrus Mistry's waiver plea
An apex corporate tribunal on Monday dismissed a plea filed by Cyrus Mistry`s investment companies to waive off a regulatory bar on them, so that they can continue their legal suit against the Tata Sons.
Apr 17, 2017, 18:32 PM IST
Cyrus Mistry companies urge NCLT to waive criteria for filing plea against Tata Sons
Two Cyrus Mistry family companies today urged the National Company Law Tribunal (NCLT) to use its discretion in waiving the eligibility criteria of 10 per cent shareholding required under the Companies Act for moving the Tribunal to challenge Mistry's ouster from Tata Sons.
Mar 07, 2017, 23:55 PM IST
NCLT to continue hearing on Mistry firms' pleas on Feb 20
The National Company Law Tribunal here today for the second day heard arguments on maintainability of petitions filed by two firms controlled by Cyrus Mistry's family against his ouster from Tata Sons.
Feb 14, 2017, 23:28 PM IST
NCLT begins hearing on maintainability of Mistry firms' pleas
The National Company Law Tribunal on Monday began hearing on maintainability of petitions filed by two firms controlled by Cyrus Mistry's family against his ouster from Tata Sons, the holding company of Tata Group.
Feb 13, 2017, 23:11 PM IST
Ousted chairman Cyrus Mistry moves against Tata Sons' EGM
Tata Sons' ousted Chairman Cyrus Mistry on Thursday approached the New Delhi-based National Company Law Appellate Tribunal (NCLAT) for an injunction against the proposed extra-ordinary general meeting (EGM) of the Tata Group`s holding company.
Feb 02, 2017, 18:05 PM IST
Cyrus Mistry camp pleas NCLT to waive shareholding requirement
In its ongoing battle against the Tatas, Cyrus Mistry camp today filed an affidavit with the NCLT seeking "waiver" from the condition of shareholding requirement in the petition filed by his family-owned two investment firms against Tata Sons, Ratan Tata and its directors, even as it argued for its maintainability.
Jan 24, 2017, 23:45 PM IST
Bankruptcy Code to improve ease of doing biz: IBBI chief Sahoo
Providing the first possible avenue to resolve insolvency in a market-determined and time-bound manner, the Insolvency and Bankruptcy Code will help improve ease of doing business as well as develop the debt market, says IBBI Chairperson M S Sahoo.
Jan 22, 2017, 19:52 PM IST
Blow for Cyrus Mistry: NCLT dismisses contempt filed against Tata Sons, Ratan Tata
The National Company Law Tribunal (NCLT) on Wednesday dismissed a comtempt petition filed by Cyrus Mistry's family companies against Tata Sons in relation of his removal from the post of Chairman of the company.
Jan 18, 2017, 18:17 PM IST
NCLT reserves order till Jan 18 on contempt plea of Cyrus Mistry Companies
Reserving its order on contempt petition filed by ousted chairman Cyrus Mistry family Companies against Tata Sons and its directors inlcuding Ratan Tata, the National Company Law Tribunal on Monday announced that order will be released on January 18.
Jan 16, 2017, 18:28 PM IST
National Company Law Tribunal to pass its order on Cyrus Mistry's contempt plea on January 18
National Company Law Tribunal on Monday reserved it order on the petition filed by ousted Tata Son's Chairman Cyrus Mistry against Tata Sons, and said it will pass its order on January 18.
Jan 16, 2017, 13:39 PM IST
Ratan Tata personally asked Cyrus Mistry to resign before ouster
In a para-by-para response to the petition filed by investment firms associated with Mistry's family against his removal, Tata Sons told the National Company Law Tribunal (NCLT) that Mistry was removed as Chairman on October 24 last year after "little or no signs of improvement" in his leadership.
Jan 09, 2017, 17:55 PM IST
