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NCLT
NCLT directs to initiate insolvency proceedings against Syska LED Lights
The Mumbai bench of NCLT admitted the plea filed by Sunstar Industries, claiming total dues of Rs 7.70 crore and has appointed Debashis Nanda as the interim resolution professional suspending the board of Syska LED Lights, as per the provisions of the Insolvency & Bankruptcy Code (IBC).
09 October 2024, 07:28 IST
NCLT directs to initiate insolvency proceedings against Syska LED Lights
09 October 2024, 07:28 IST
Spicejet faces another insolvency plea from operational creditor; NCLT issues notice
SpiceJet has raised Rs 3,000 crore through the sale of shares to qualified institutional buyers, which will provide a much-needed tailwind for the struggling airline.
23 September 2024, 10:04 IST
Spicejet faces another insolvency plea from operational creditor; NCLT issues notice
23 September 2024, 10:04 IST
NCLT recalls order on Zee-Sony merger, allows withdrawal of scheme
The bench observed the parties have "mutually consented" to withdraw the scheme on account of the settlement agreement and the board of directors has passed the resolutions to withdraw the scheme of amalgamation.
14 September 2024, 14:22 IST
NCLT recalls order on Zee-Sony merger, allows withdrawal of scheme
14 September 2024, 14:22 IST
NCLT asks Go First former promoters to file reply on liquidation in 3 weeks
A two-member bench of the Delhi-based National Company Law Tribunal (NCLT), which was hearing the application to liquidate Go First, issued the notice to the suspended management of the company on Tuesday and ordered listing of the matter for further hearing on October 4.
04 September 2024, 18:28 IST
NCLT asks Go First former promoters to file reply on liquidation in 3 weeks
04 September 2024, 18:28 IST
NCLT approves merger of Viacom 18, Star India
The development comes two days after the Competition Commission of India approved the merger of media assets of Reliance Industries and The Walt Disney Co to create the country's largest media empire worth over Rs 70,000 crore.
30 August 2024, 14:11 IST
NCLT approves merger of Viacom 18, Star India
30 August 2024, 14:11 IST
IIHL fails to comply with NCLT order, did not deposit money: Reliance Capital administrator says in affidavit
IIHL in a separate affidavit had said it has funds and the same will be transferred once the escrow account is in place which has conditions listed out.
04 August 2024, 11:06 IST
IIHL fails to comply with NCLT order, did not deposit money: Reliance Capital administrator says in affidavit
04 August 2024, 11:06 IST
Reliance Capital resolution: CoC warns of remedial action against IIHL
IndusInd International Holdings (IIHL), the successful bidder for Reliance Capital, has been given an extension till August 10 subject to certain conditions by NCLT, Mumbai.
02 August 2024, 10:01 IST
Reliance Capital resolution: CoC warns of remedial action against IIHL
02 August 2024, 10:01 IST
NCLT pushes decision on Byju’s settlement with BCCI yet again
As reported, US-based lenders challenged the settlement, saying the money being used is part of their “missing” $533 million. On Wednesday, NCLAT sought an undertaking that no part of that money is being used.
01 August 2024, 21:58 IST
NCLT pushes decision on Byju’s settlement with BCCI yet again
01 August 2024, 21:58 IST
Ex-billionaire loses control of Byju’s in blow to India's tech ambitions
Entrepreneur and former billionaire Byju Raveendran now has few options left to try and salvage a company that ranked among the world’s most valuable internet startups at its peak.
17 July 2024, 04:22 IST
Ex-billionaire loses control of Byju’s in blow to India's tech ambitions
17 July 2024, 04:22 IST
Byju’s pushed into insolvency proceedings by BCCI
Byju’s, founded by teacher Byju Raveendran, was valued at $22 billion at its peak but ran into financial and legal problems after its business dried up.
16 July 2024, 08:16 IST
Byju’s pushed into insolvency proceedings by BCCI
16 July 2024, 08:16 IST
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