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National Company Law Tribunal

RIL-JM Financial ARC's bid fails to get approval of Alok Industries creditors

Manufacturing

16 April, 2018

RIL-JM Financial ARC's bid fails to get approval of Alok Industries creditors

Alok Industries Ltd, which is undergoing insolvency proceedings, said on Monday a committee of its creditors hasn't approved any resolution ......

Dalmia Bharat-Bain Piramal fund inch closer to buying Binani Cement

Infrastructure

16 March, 2018

Dalmia Bharat-Bain Piramal fund inch closer to buying Binani Cement

A consortium of Dalmia Bharat Ltd and a fund formed by private equity firm Bain Capital and Piramal Enterprises Ltd ......

Yuvraj Singh-backed Healthians' co-founder sues firm, investors

TMT

20 December, 2017

Yuvraj Singh-backed Healthians' co-founder sues firm, investors

Online diagnostics startup Healthians is embroiled in a legal dispute after a co-founder sued the company, its founder and its ......

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Tribunal rejects Axis Bank's plea against Proparco portfolio firm

Consumer

31 October, 2017

Tribunal rejects Axis Bank's plea against Proparco portfolio firm

The New Delhi bench of the National Company Law Tribunal has dismissed a petition filed by Axis Bank Ltd to ......

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Motilal Oswal PE-backed firm joins bankruptcy move against Pratibha Industries

Infrastructure

08 August, 2017

Motilal Oswal PE-backed firm joins bankruptcy move against Pratibha Industries

A quasi-judicial body has allowed a company backed by Motilal Oswal Private Equity Advisors Pvt. Ltd to be part of ......

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Srei Infra starts bankruptcy proceedings against Baring- and NSR-backed firm

Consumer

02 August, 2017

Srei Infra starts bankruptcy proceedings against Baring- and NSR-backed firm

Kolkata-based Srei Infrastructure Finance Ltd has approached the National Company Law Tribunal to start bankruptcy proceedings against an edible oil ......

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Why buyers of stressed assets must brace for a long-drawn-out process

Finance

20 July, 2017

Why buyers of stressed assets must brace for a long-drawn-out process

In early May, the government empowered the Reserve Bank of India to direct lenders to start bankruptcy proceedings against large ......

Tribunal rejects Macquarie Bank's suit against Uttam Galva unit

Manufacturing

20 June, 2017

Tribunal rejects Macquarie Bank's suit against Uttam Galva unit

The National Company Law Tribunal has dismissed a money recovery suit filed by Australian lender Macquarie Bank Ltd against a ......

Tribunal says Mistry plea against Tata Sons not maintainable

General

06 March, 2017

Tribunal says Mistry plea against Tata Sons not maintainable

In a major setback to Cyrus Mistry, the National Company Law Tribunal (NCLT) ruled on Monday that a petition filed ......

Can mediation be an alternative mode of dispute resolution?

General

06 March, 2017

Can mediation be an alternative mode of dispute resolution?

Mediation is essentially a process of negotiation in which conflicting parties come together to resolve a dispute with the assistance ......

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