National Company Law Tribunal
Finance
9Unicorns-backed LegalPay marks second exit from insolvency financing
Litigation financing startup LegalPay has made its second successful exit in less than a year of providing interim finance to ......
Infrastructure
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, ......
Infrastructure
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 ......
TMT
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 ......
Consumer
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 ......
Infrastructure
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 ......
TMT
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 ......
Manufacturing
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 ......
Finance
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 ......
Infrastructure
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 ......
