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National Company Law Tribunal

Go First asks NCLT to urgently pass order on insolvency plea

Go First asks NCLT to urgently pass order on insolvency plea

Go Airlines (India) on Monday asked the country's company law tribunal to urgently pass an order on its insolvency plea, ......

Vedanta to buy Meenakshi Energy for Rs 1,440 cr

Infrastructure

19 January

Vedanta to buy Meenakshi Energy for Rs 1,440 cr

Anil Agarwal led Vedanta Ltd will acquire debt-ridden power plant Meenakshi Energy Ltd for Rs 1,140 crore, the company has ......

NCLT approves PVR-Inox merger

TMT

12 January

NCLT approves PVR-Inox merger

The Bombay Bench of the National Company Law Tribunal (NCLT) on Thursday approved the merger between the country’s top two ......

NCLT admits petition to initiate resolution against Future Retail

Consumer

20 July

NCLT admits petition to initiate resolution against Future Retail

The Mumbai bench of the National Company Law Tribunal (NCLT) on Wednesday admitted Bank of India’s petition to initiate a ......

Adani completes purchase of stressed Dighi Port, earmarks investments

Infrastructure

16 February

Adani completes purchase of stressed Dighi Port, earmarks investments

Adani Ports and Special Economic Zone Ltd (APSEZ) has completed the acquisition of Dighi Port Ltd for a consideration of ......

Milkbasket faces legal battle for ‘refusing' to onboard investor after Kalaari exit

TMT

08 January

Milkbasket faces legal battle for ‘refusing' to onboard investor after Kalaari exit

Milkbasket faces a legal battle with Mahendra Nahata-led MN Televentures that had invested in the grocery delivery startup last year ......

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TCG gets court nod to acquire bankrupt textile co

Manufacturing

06 January

TCG gets court nod to acquire bankrupt textile co

Purnendu Chatterjee led The Chatterjee Group (TCG) has received court approval to acquire a popular debt-ridden textile company under the ......

Dewan Housing: Why insolvency resolution processes need a greater degree of certainty

Finance

28 December

Dewan Housing: Why insolvency resolution processes need a greater degree of certainty

In November 2019, after reports of a large-scale financial scam, Dewan Housing Finance Corporation Ltd (DHFL) became the first non-banking ......

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Ansal Properties raising fresh equity capital after avoiding bankruptcy

Infrastructure

18 December

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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Reliance Infratel lenders to take 90% haircut as Jio set to take control

TMT

07 December

Reliance Infratel lenders to take 90% haircut as Jio set to take control

Reliance Infratel Ltd’s financial creditors will take a haircut of as much as 90% on their loans under a court-approved ......