National Company Law Tribunal
Consumer
Fugitive diamantaire Mehul Choksi's Gitanjali Gems heads for liquidation
Absconding diamantaire Mehul Choksi-promoted Gitanjali Gems Ltd is headed for liquidation after a majority of its lenders decided...
Finance
Govt may direct state-run banks on bad debt after court's rejection of RBI rules
The government could issue directions to state-run banks to resolve corporate default cases and ensure there is no tampering with...
Finance
NCLT says Sterling Biotech withdrawal a case for re-entry of defaulting promoters
Hearing the Sterling Biotech case, the National Company Law Tribunal (NCLT) said that withdrawal from proceedings can violate...
Infrastructure
Jyoti Structures bankruptcy resolution back on track as tribunal quashes liquidation order
An appellate tribunal has dismissed an order by a bankruptcy court to liquidate Jyoti Structures Ltd and asked it to ......
Consumer
Brookfield inks pact to acquire Leela hotels for $576 mn
Canadian investment firm Brookfield Asset Management Inc. has signed an agreement with debt-laden Hotel Leelaventure Ltd to acquire...
Finance
Tribunal questions lenders' acceptance of settlement offer for Sterling Biotech
The National Company Law Tribunal has raised suspicion on the lenders’ acceptance of a one-time settlement offer from the...
Manufacturing
Debt-laden Garden Silk may draw interest from asset reconstruction firm
Garden Silk Mills Ltd is likely to evince interest from an asset reconstruction company as its biggest lender will soon ......
Manufacturing
NCLT approves ArcelorMittal's takeover bid for Essar Steel
The National Company Law Tribunal (NCLT) approved steel giant ArcelorMittal SA's takeover bid for debt-ridden Essar Steel,...
Healthcare
Orchid Pharma set for fresh bidding after lngen Capital fails to inject funds
The insolvency resolution professional of debt-laden Orchid Pharma Ltd has again invited expressions of interest from potential...
TMT
Exclusive: ARC emerges as front runner to take over debt-ridden Aircel
An asset reconstruction company is on track to take over debt-laden telecom firm Aircel, a person familiar with the development...
Most Popular
Google News
Follow VCCircle on Google News for the latest updates on Business and Startup News