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National Company Law Appellate Tribunal

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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 ......

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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 ......

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Why banks, stressed asset investors are fretting over tribunal ruling on Essar Steel

Manufacturing

16 July, 2019

Why banks, stressed asset investors are fretting over tribunal ruling on Essar Steel

A recent order of an appeals tribunal in a case involving the bankruptcy resolution of Essar Steel India Ltd has ......

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Another PE-backed stressed firm set to change hands under bankruptcy law

Manufacturing

13 February, 2019

Another PE-backed stressed firm set to change hands under bankruptcy law

JSW Steel Ltd has moved a step closer to acquiring Bhushan Power & Steel Ltd, in another instance of a ......

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GIC to end up with a lemon as rare sovereign fund bet goes bust in India

Consumer

06 February, 2019

GIC to end up with a lemon as rare sovereign fund bet goes bust in India

Singapore sovereign wealth fund GIC, one of the most active in India among its global peers, is set to see ......