National Company Law Tribunal

National Company Law Tribunal transfers 8 members with immediate effect; to form a new bench for Cuttack

According to a notification issued by the National Company Law Tribunal Registrar on Thursday, the list comprises four judicial members and four technical members.

Ruchi Soya insolvency: NCLAT rejects DBS Bank's plea challenging distribution of funds

The National Company Law Appellate Tribunal(NCLAT) has dismissed the plea of Singapore-based DBS Bank, a dissenting financial creditor of Ruchi Soya, challenging the distribution of proceeds from the bid submitted by Patanjali Ayurved

Jaypee Infratech insolvency: Lenders to meet on 18 November to comply with Supreme Court direction

Lenders of debt-ridden Jaypee Infratech will meet on 18 November to take forward the process of insolvency resolution after the Supreme Court directed early this month to complete the process within 90 days

Victims of an unfinished city: Lavasa's regulations row has left villagers fighting for their land

Once touted as India’s first hill city, the Lavasa project near Pune remains abandoned following years of regulatory and financial troubles. Locals from nearby villages continue to fight for their land that was taken for the project. The assembly elections in Maharashtra on 21 October also do not offer much hope to villagers.

Andhra Pradesh, Telangana governments bullying media, promoting family-owned press to crush criticism

The ruling dispensations in Telangana and Andhra Pradesh have defanged and neutralised the mainstream media in the Telugu states

In a first, RCom AGM to be chaired by resolution professional today; firms in diversified group to hold their AGMs

RCom itself sought bankruptcy early February after its efforts to sell spectrum to Reliance Jio failed due to regulatory delays

Don't use NCLT on daily basis to resolve stressed assets: Union minister Anurag Thakur

The government on Wednesday asked banks to put in all efforts to resolve bad loans themselves and approach National Company Law Tribunal (NCLT) only in the absence of any alternative

IL&FS case: NCLT rejects Deloitte, KPMG arm's no-jurisdiction plea; next hearing on 5 September

An Indian tribunal on Friday rejected an appeal by the auditors of debt-laden Infrastructure Leasing & Financial Services (IL&FS), challenging the court’s jurisdiction to ban them for alleged abetment of financial fraud

Consumer mobile business of Tata Teleservices becomes part of telecom operator Bharti Airtel

The schemes of arrangement regarding the merger of the consumer mobile businesses of Tata Teleservices and Tata Teleservices (Maharashtra) into Bharti Airtel and Bharti Hexacom (Airtel) have become effective from 1 July

Jet Airways shares plunge nearly 11% amid reports of Hinduja Group, Etihad Airways pulling out of recuse efforts

Jet Airways' scrip tumbled 10.58 percent to close at Rs 111.95 on the BSE. During the day, it plunged 14.41 percent to Rs 107.15 -- its 52-week low