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NCLAT

NCLAT sets aside NCLT order in RCap matter, allows re-bidding of company

Finance

02 March, 2023

NCLAT sets aside NCLT order in RCap matter, allows re-bidding of company

Setting aside an order passed by National Company Law Tribunal (NCLT), a two-member bench of the quasi-judicial National Company Law ......

NCLT admits petition to initiate resolution against Future Retail

Consumer

20 July, 2022

NCLT admits petition to initiate resolution against Future Retail

The Mumbai bench of the National Company Law Tribunal (NCLT) on Wednesday admitted Bank of India’s petition to initiate a ......

Fresh bids for Videocon Industries by Feb 2 after Vedanta Group's bid rejected

Consumer

21 January, 2022

Fresh bids for Videocon Industries by Feb 2 after Vedanta Group's bid rejected

State Bank of India (SBI)-led consortium of lenders of have invited fresh expressions of interest (EoIs) for debt-ridden Videocon Industries ......

NCLAT revokes Vedanta unit's plan for Videocon Group, lenders may restart bidding process

Consumer

05 January, 2022

NCLAT revokes Vedanta unit's plan for Videocon Group, lenders may restart bidding process

A higher bankruptcy court on Wednesday set aside the National Company Law Tribunal (NCLT) order on Videocon Industries Ltd, allowing ......

NCLAT sets aside liquidation order of Three C Homes' Lotus City project

Infrastructure

13 July, 2021

NCLAT sets aside liquidation order of Three C Homes' Lotus City project

A higher appellate tribunal has set aside a liquidation order passed by the National Company Law Tribunal (NCLT) against Lotus ......

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Awaited judgment on DHFL promoter will put bankruptcy law to test once again

Finance

08 June, 2021

Awaited judgment on DHFL promoter will put bankruptcy law to test once again

The top court’s verdict on the first financial services company facing bankruptcy, which is expected soon, will once again put ......

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Will the NCLT order on DHFL deter financial investors from dabbling in IBC assets?

Finance

26 May, 2021

Will the NCLT order on DHFL deter financial investors from dabbling in IBC assets?

The bankruptcy tribunal’s move last Thursday directing lenders of Dewan Housing Finance Corporation (DHFL) to consider a settlement proposal from ......

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Suraksha holds edge over NBCC in upcoming lenders vote on Jaypee Infratech winner

Infrastructure

21 May, 2021

Suraksha holds edge over NBCC in upcoming lenders vote on Jaypee Infratech winner

The long-drawn-out battle for bankrupt real estate developer Jaypee Infratech will likely come to an end next week as the ......

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Gujarat pharma firm to hit the rocks three years after bankruptcy

Healthcare

01 March, 2021

Gujarat pharma firm to hit the rocks three years after bankruptcy

A Vadodara-based pharmaceuticals company, which entered insolvency three years ago, will collapse into liquidation as the apex court has refused ......

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Ansal Properties wins court battle to avoid bankruptcy

Infrastructure

14 August, 2020

Ansal Properties wins court battle to avoid bankruptcy

Delhi-based realty firm Ansal Properties and Infrastructure Ltd has received a favourable verdict that will help it skirt insolvency proceedings. National ......