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Ansal Properties raising fresh equity capital after avoiding bankruptcy

Infrastructure

18 December, 2020

Ansal Properties raising fresh equity capital after avoiding bankruptcy

North India-based developer Ansal Properties and Infrastructure Ltd (Ansal API) said Friday it has approved a plan to raise Rs ......

Walmart's Flipkart faces further anti-trust probe in India

TMT

06 March, 2020

Walmart's Flipkart faces further anti-trust probe in India

Walmart Inc’s Flipkart faces a further anti-trust probe in India after an appellate tribunal asked the competition watchdog to investigate ......

Top court sets aside NCLAT order on Dhanuka's offer for Orchid Pharma

Healthcare

04 March, 2020

Top court sets aside NCLAT order on Dhanuka's offer for Orchid Pharma

The Supreme Court has set aside an insolvency appeals court’s order against Dhanuka Laboratories Ltd’s resolution plan to acquire debt-laden ......

NCLAT sets aside insolvency case against Flipkart for alleged default

TMT

25 February, 2020

NCLAT sets aside insolvency case against Flipkart for alleged default

An appeals court has dismissed insolvency proceedings against e-commerce major Flipkart, which was dragged to the National Company Law Tribunal ......

JSW Steel gets immunity for Bhushan Power acquisition

Manufacturing

18 February, 2020

JSW Steel gets immunity for Bhushan Power acquisition

The National Company Law Appellate Tribunal (NCLAT) has given JSW Steel Ltd immunity from all criminal investigations for its takeover ......

NCLAT orders restoring ex-Tata Sons chairman Cyrus Mistry

General

18 December, 2019

NCLAT orders restoring ex-Tata Sons chairman Cyrus Mistry

Cyrus Mistry has won backing from a tribunal to be reinstated as executive chairman of Tata Sons, the holding company ......

JSW Steel's purchase of Bhushan Power suspended, pending probe into ex-owners

Manufacturing

15 October, 2019

JSW Steel's purchase of Bhushan Power suspended, pending probe into ex-owners

In a setback for JSW Steel, a bankruptcy appeals tribunal has held back its payment of Rs 19,700 crore to ......

Supreme Court stays Amtek Auto's liquidation

Manufacturing

09 September, 2019

Supreme Court stays Amtek Auto's liquidation

The Supreme Court has stayed a tribunal’s order to liquidate Amtek Auto Ltd on a plea moved by lenders of ......

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NCLAT sets aside Sterling Biotech liquidation, allows lenders to drop insolvency case

Healthcare

29 August, 2019

NCLAT sets aside Sterling Biotech liquidation, allows lenders to drop insolvency case

The National Company Law Appellate Tribunal (NCLAT) has set aside a lower court’s order to liquidate Sterling Biotech Ltd and ......

Appeals tribunal extends Jaypee Infra's resolution period; orders fresh bidding

Infrastructure

31 July, 2019

Appeals tribunal extends Jaypee Infra's resolution period; orders fresh bidding

The bankruptcy appeals tribunal has extended the debt resolution period of real estate developer Jaypee Infratech Ltd by another 90 ......