National Company Law Tribunal
Consumer
NCLT allows insolvency plea against Typhoo tea maker Apeejay Tea
The National Company Law Tribunal (NCLT) has ordered to start insolvency proceedings against Apeejay Tea Ltd, one of India’s...
Manufacturing
Enforcement Directorate links over $500 mn Bhushan Power assets to fraud probe
India’s financial fraud agency said on Saturday assets worth 40.25 billion rupees ($567.60 million) of Bhushan Power &...
Infrastructure
Mumbai developer Lokhandwala goes bust, felling skyscraper plans with Shapoorji
Lokhandwala Infrastructure Pvt. Ltd is the latest to go bust, its bankruptcy spoiling plans to complete the 90-floor iconic Minerva...
Healthcare
UAE-based billionaire's big India hospital deal hits new hurdle
Billionaire BR Shetty’s year-long wait to take over two hospitals in Mumbai and Visakhapatnam that would have doubled his...
Manufacturing
Supreme Court stays Amtek Auto's liquidation
The Supreme Court has stayed a tribunal’s order to liquidate Amtek Auto Ltd on a plea moved by lenders of ......
Infrastructure
IFCI drags KSK Energy Ventures to bankruptcy court
Power producer KSK Energy Ventures Ltd has been admitted into bankruptcy on a plea by non-bank lender IFCI Ltd. IFCI filed...
Investor Bulletin
Podcast: JSW bags another stressed asset; foreign investors may get policy push
Two years after the Reserve Bank of India asked banks to start bankruptcy proceedings against Bhushan Power & Steel Ltd, ......
Manufacturing
NCLT approves JSW's $2.7-bn bid for Bhushan Power & Steel
The National Company Law Tribunal (NCLT) has approved billionaire Sajjan Jindal-led JSW Steel Ltd’s offer of Rs 19,700 crore...
Infrastructure
Vedanta chairman Anil Agarwal drops out of Jet Airways race
Debt-laden Jet Airways (India) Ltd has received expressions of interest from three companies including the family trust of mining...
Finance
NCLT rejects Deloitte, KPMG arm's no-jurisdiction plea
An Indian tribunal on Friday rejected an appeal by the auditors of debt-laden Infrastructure Leasing & Financial Services...
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