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Latest Articles in national company law tribunal

RBI Appoints Advisory Panel To Assist Administrator Of DHFL

DHFL is set to become the first non-bank lender to be referred to the National Company Law Tribunal (NCLT) under new rules.

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Vedanta Wins Bid To Buy Bankrupt Electrosteel Steels

Electrosteel Steels, which is setting up a 2.5 million tonnes a year steel plant in eastern India, is among India's 12 biggest loan defaulters which were pushed to bankruptcy proceedings last year

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Ex-Pilot Moves NCLT To Initiate Insolvency Proceedings Against AI

Seeking initiation of insolvency proceedings against AI, Kumar alleged that the airline had deducted substantial amount of salary, allowances and benefits payable to him and also failed to pay him the salary for January, 2016

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Bankers Decide To Refer 22-23 Large NPA Accounts To NCLT

The regulator in August had asked bankers to refer these cases to the National Company Law Tribunal (NCLT) if they failed to find a resolution by December 31

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Unitech Shares Jump 20 Percent For Second Straight Day

Monday's rally is the fourth consecutive one for the stock. On December 8, the Unitech scrip had jumped 20 per cent

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Job Loss Feared Due To Possible Nicco Corp Liquidation

The Nicco Corporation, the first company to be referred to the National Company Law Tribunal (NCLT) after the BIFR was scrapped, had earlier disposed off its other two units, the projects and biotech divisions

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NCLT Route Cannot Be Used Effectively An All NPA Cases: SBI MD

The banks have to use what is the best mechanism in each particular case. The NCLT cannot be the solution for all cases

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Suprajit Engineering Gets NCLT Nod For Phoenix Lamps Acquisition

A combined entity will prove to generate immense benefits on a larger scale of economics and combined entity will have powers to negotiate with vendors, customers and other stakeholders

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Idea-Vodafone Deal Gets Conditional Go-Ahead From Sebi, Bourses

The multi-layered deal was announced in March and recently got clearance from the fair trade regulator CCI

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Will Insolvency Code Resolve Liquidation Crisis?

The new insolvency and bankruptcy code has given the headroom to companies indebted massively and performing miserably to declare themselves as bankrupt

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NCLT Dismisses Mistry Firms' Petition Against Tata Sons

Tata Sons welcomed the NCLT dismissing the petitions by the Cyrus Mistry camp and said it vindicates the position of the group

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Tribunal Dismisses Mistry's Plea Against Tatas

The National Company Law Tribunal has dismissed a petition by former Tata Sons' chairman Cyrus Mistry that alleged mismanagement and oppression of minority shareholders at Tata group firms

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NCLT Holds Pleas Of Cyrus Mistry's Firms As 'Not Maintainable'

The NCLT on Monday held that the two petitions filed by Cyrus Mistry's family companies against his ouster from Tata Sons were not maintainable as they did not fulfil the eligibility criteria for approaching the tribunal

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Cyrus Mistry's Petition To NCLT Not Maintainable, Says Tata Sons

With the National Company Law Tribunal refusing any interim relief to ousted Tata Sons chairman Cyrus P Mistry, the company on Thursday said it believes the petition is not maintainable in law

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Cyrus Mistry Moves Law Tribunal Against Tatas, Alleges Shareholder Oppression

Ratcheting up his war against Tata Sons, ousted Chairman Cyrus Mistry has moved the National Company Law Tribunal alleging oppression and mismanagement of minority interest, a charge the holding firm of the $103 billion group denied and said it will contest

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