SC Reserves Decision on Amazon’s Pleas Against FRL-Reliance Deal
The Supreme Court decided on e-commerce giant Amazon’s pleas against the merger of Future Retail Ltd (FRL) with Reliance Retail. It will control whether Singapore’s...
Tag : National Company Law Tribunal (NCLT)
JSW Steel Gets LOI for Bhushan Power & Steel Acquisition
Bhushan Power & Steel is one of the 12 cases mandated by the Reserve Bank of India to be resolved under the Insolvency and Bankruptcy...
Vedanta Shares Gain Almost 1% as Court Clears Bid For Videocon
Vedanta Ltd shares firmed up by almost one per cent on the BSE after the Mumbai bench of the National Company Law Tribunal (NCLT) permitted...
DHFL Shares to be Delisted From Exchanges as Part of Resolution Plan
Dewan Housing Finance Corporation (DHFL) has said that the company’s equity shares will be delisted from the stock exchanges post acquisition by Piramal Capital and...
NCLT Asks DHFL Lenders To Consider Settlement Offer By Promoter Wadhawan
The National Company Law Tribunal (NCLT) had directed lenders of bankrupt Dewan Housing Finance Corp Ltd (DHFL) to consider the offer made by former promoter...
SC Stays Proceedings Before Delhi HC in Amazon Future Case
The Supreme Court on Monday stayed the ongoing proceedings before the Delhi High Court in the case related to the amalgamation of Future Retail Ltd...
Coffee Day Enterprises Defaults on Rs 263 Crore Payments
Coffee Day Enterprises said it has Rs 518 crore of debt, including both short and long-term, and that it has defaulted on about Rs 263...
NBCC, Suraksha Group Submit Revised Bids to Acquire Jaypee Infratech
State-owned NBCC and Mumbai-based Suraksha group have submitted their revised bids to acquire debt-laden Jaypee Infratech through an insolvency process, as per the direction of...
NCLT Orders Insolvency Proceedings Against OYO Subsidiary
The National Company Law Tribunal (NCLT) has ordered a corporate insolvency resolution proceeding against hospitality unicorn OYO’s subsidiary, OYO Hotels and Homes Pvt. Ltd, over...
NCLT Nod Airtel, Hughes VSAT Operations Merger
The National Company Law Tribunal (NCLT) has approved the merger of VSAT, or a very small aperture terminal, satellite operations of Bharti Airtel Ltd with...