NCLT dismisses Philips India plea to buy minority stake over …
WEB1 day ago · The National Company Law Tribunal has dismissed the petition by Philips India to buy out the remaining 3.87 per cent from its minority shareholders, observing a "huge difference" between values determined by the company-appointed valuer and its minority investors. The Kolkata bench of NCLT though ...
NCLT directs IRP to respond to 26,000 homebuyers of Supertech
WEB14 hours ago · The National Company Law Tribunal has directed the interim resolution professional to respond to applications filed by representatives of over 26,000 homebuyers of Supertech Ltd. The court has sought suggestions and objections from various stakeholders within two weeks, and the IRP must compile and upload them on Supertech's website. Authorized ...
NCLT grants final approval for merger of TV18 and E18 into …
WEB3 days ago · The Mumbai bench of the National Company Law Tribunal (NCLT) has granted its final approval for the merger of TV18 Broadcast and e-Eighteen.com (E18) into Network18 Media and Investments, a company backed by Reliance Industries Ltd (RIL), according to a report by The Economic Times.
NCLT withdraws nod given earlier for merger of Zee and Sony …
WEBSep 13, 2024 · The National Company Law Tribunal (NCLT) has withdrawn its approval for the merger scheme between Zee Entertainment Enterprises and Sony Group Corporation's India media entities, Culver Max Entertainment and Bangla Entertainment. The order passed by the Mumbai bench of the NCLT on September 5 brings the curtain down on the failed merger deal ...
NCLAT halts insolvency proceedings against Essar’s oil & gas
WEBSep 10, 2024 · The Ahmedabad bench of NCLT had initiated insolvency proceedings against Essar Oil and Gas Exploration and Production on 6 September, after Greka Green Solutions (India) Ltd filed a petition ...
NCLT allows KSK Mahanadi lenders to distribute surplus cash of …
WEBAug 5, 2024 · The Hyderabad bench of the National Company Law Tribunal (NCLT) today approved a plea from the resolution professional of KSK Mahanadi Power to distribute the surplus cash amounting to Rs 6400 crore among lenders.
Air India-Vistara merger: NCLT approval paves way for India’s
WEBJun 7, 2024 · The National Company Law Tribunal (NCLT) has given the green light for the merger of Air India and Vistara, paving the way for the formation of India's largest International carrier, PTI...
Explained | NCLT orders insolvency proceedings against Future …
WEBJul 20, 2022 · The Mumbai-bench of the National Company Law Tribunal (NCLT) admitted on June 20 a petition by a consortium of lenders led by Bank of India to initiate insolvency proceedings against debt-laden...
DHFL Insolvency Case: NCLT approves Piramal Group's resolution plan
WEBJun 7, 2021 · The National Company Law Tribunal (NCLT), on June 7, approved Piramal Group’s overall resolution plan for beleaguered mortgage lender, Dewan Housing Finance (DHFL), with a few conditions. The...
NCLT Mumbai approves sale of Reliance Communications’ real
WEBDec 15, 2023 · The National Company Law Tribunal (NCLT) in Mumbai has given the green light for the sale of specific real estate properties belonging to telecom giant Reliance Communications (RCom), as stated...
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