Nclt

Showing of 41 - 60 from 610 results
Nclt - Total results - 610
Hinduja Group still interested in Jet Airways after approach by govt, banks; resolution professional invites fresh EoI for defunct airline
Business

Hinduja Group still interested in Jet Airways after approach by govt, banks; resolution professional invites fresh EoI for defunct airline

Earlier in June, the Hinduja Group had backed out of bidding for the Naresh Goyal-owned airline as they felt it was too risky for them to get involved due to the then ongoing government investigations and the insolvency pleas submitted by operational creditors at the NCLT,

Jet Airways crisis: NCLT approves extension of grounded airline's insolvency resolution period by 90 days
Business

Jet Airways crisis: NCLT approves extension of grounded airline's insolvency resolution period by 90 days

On Thursday, Synergy Group Jet Airways' sole potential bidder had sought more time to take a decision on investing in the grounded airline.

Mistry vs Tatas: NCLAT verdict indicates corporate governance is not only about rules but also processes, say experts
Business

Mistry vs Tatas: NCLAT verdict indicates corporate governance is not only about rules but also processes, say experts

The Tata group is not known for boardroom battles that have ricocheted outside the iconic Bombay House, the headquarters of the salt-to-software conglomerate

Tata Group stocks recover lost ground, gain up to 3% at close of trade; TCS shares rise 2.83%
Business

Tata Group stocks recover lost ground, gain up to 3% at close of trade; TCS shares rise 2.83%

Shares of various Tata group companies on Thursday bounced back to close with gains of up to 3 percent a day after an NCLAT ruling that reinstated Cyrus Mistry as chairman of main group holding company Tata Sons sent the stocks down

NCLAT sets aside conversion of Tata Sons from public company to private firm, terms it 'illegal'
Business

NCLAT sets aside conversion of Tata Sons from public company to private firm, terms it 'illegal'

The NCLAT on Wednesday quashed the conversion of Tata Sons - the principal holding company and promoter of Tata firms - into a private company from a public firm, terming it "illegal"

Tata Group stocks remain under pressure after NCLAT verdict; fall up to 2% in morning trade
Business

Tata Group stocks remain under pressure after NCLAT verdict; fall up to 2% in morning trade

Shares of various Tata Group companies remained under pressure on Thursday as well, falling up to 2 percent in morning trade, after the National Company Law Appellate Tribunal (NCLAT) restored Cyrus Mistry as Tata Sons Chairman

NCLAT expunges 'disparaging' remarks against Cyrus Mistry in NCLT order; restores him as Tata Sons chairman
Business

NCLAT expunges 'disparaging' remarks against Cyrus Mistry in NCLT order; restores him as Tata Sons chairman

Ordering reinstatement of Cyrus Mistry as Chairman of Tata Sons, the NCLAT on Wednesday expunged 'disparaging' remarks made against him by the Mumbai bench of NCLT which had dismissed his plea challenging his removal as chief of the Tata group

Cyrus Mistry restored as Tata Sons chairman: Chronology of events in Tata-Mistry fight before NCLT, NCLAT
Business

Cyrus Mistry restored as Tata Sons chairman: Chronology of events in Tata-Mistry fight before NCLT, NCLAT

The NCLAT on Wednesday upheld Tata Sons ousted chairman Cyrus Mistry's plea challenging his removal from the post

Various Tata Group stocks tank up to 4% after NCLAT restores Cyrus Mistry as Tata Sons head; TCS shares up marginally
Business

Various Tata Group stocks tank up to 4% after NCLAT restores Cyrus Mistry as Tata Sons head; TCS shares up marginally

Tata Global Beverages tanked 4.14%, Tata Coffee plunged 3.88% and Tata Motors dropped 3.05% on the BSE.

NCLAT restores Cyrus Mistry as executive chairman of Tata Group; holds appointment of N Chandrasekaran illegal
Business

NCLAT restores Cyrus Mistry as executive chairman of Tata Group; holds appointment of N Chandrasekaran illegal

The National Company Law Appellate Tribunal (NCLAT) on Wednesday restored Cyrus Mistry as Executive Chairman of Tata Group and held the appointment of N Chandrasekaran as Executive Chairman illegal

NCLAT judgement over former Tata group chairman Cyrus Mistry's removal, two investment firms today
Business

NCLAT judgement over former Tata group chairman Cyrus Mistry's removal, two investment firms today

Cyrus Mistry in his pleas primarily argued that his removal was not in accordance with the Companies Act and that there was rampant mismanagement of affairs across Tata Sons.

IMF may downgrade India's growth forecast significantly in January, says Gita Gopinath; country only emerging market to throw a 'surprise of this kind'
Business

IMF may downgrade India's growth forecast significantly in January, says Gita Gopinath; country only emerging market to throw a 'surprise of this kind'

Gita Gopinath warned that the fiscal situation in India is "challenging" and the country will certainly breach the 3.4 percent deficit target

Jet Airways insolvency: Will positively consider concrete business plan for troubled-airline, DGCA tells NCLT
Business

Jet Airways insolvency: Will positively consider concrete business plan for troubled-airline, DGCA tells NCLT

The Aviation Ministry and Directorate General of Civil Aviation (DGCA) on Tuesday informed the National Company Law Tribunal (NCLT) that they will positively consider any concrete business plan for the grounded Jet Airways

NCLAT grants one more week to Patanjali Ayurved to complete Rs 4,350-cr Ruchi Soya deal
Business

NCLAT grants one more week to Patanjali Ayurved to complete Rs 4,350-cr Ruchi Soya deal

The National Company Law Appellate Tribunal (NCLAT) on Tuesday granted another extension, of one week, to Baba Ramdev-led Patanjali Ayurved for completion of Rs 4,350-crore resolution plan to acquire debt-ridden edible oil firm Ruchi Soya

Jaypee Infratech insolvency: Lenders, home buyers approve NBCC's bid to acquire debt-laden realty firm
Business

Jaypee Infratech insolvency: Lenders, home buyers approve NBCC's bid to acquire debt-laden realty firm

Jaypee Infratech's financial creditors, including lenders and home buyers, have approved the bid of state-owned NBCC to acquire the debt-laden realty firm under the insolvency process, according to sources

Essar Steel resolution to boost Q3 earnings with Rs 12,000-cr recovery; step to have positive impact on economy: SBI chief
Business

Essar Steel resolution to boost Q3 earnings with Rs 12,000-cr recovery; step to have positive impact on economy: SBI chief

With the order, the apex court paved the way for ArcelorMittal's takeover of Essar Steel for Rs 42,000 crore.

Over 14,000 prosecutions withdrawn under Companies Act, says centre; undertook various steps to improve ease of doing business
Business

Over 14,000 prosecutions withdrawn under Companies Act, says centre; undertook various steps to improve ease of doing business

India has improved its ranking on the World Bank's 'Doing Business 2020' report, moving up 14 positions to the 63rd spot.

Jaypee Infratech homebuyers' body urges flat owners, bankers to vote for NBCC bid in insolvency process
Business

Jaypee Infratech homebuyers' body urges flat owners, bankers to vote for NBCC bid in insolvency process

Jaypee Infratech's homebuyers association has urged all flat owners and lenders to vote in favour of state-owned NBCC's bid to acquire debt-laden realty firm as the public sector firm has the experience to develop large projects and townships in the national capital region

Digital marketing firm Alphaom takes InMobi to NCLT over non-payment of dues
News & Analysis

Digital marketing firm Alphaom takes InMobi to NCLT over non-payment of dues

According to Alphaom’s petition, InMobi owes the company Rs 1.52 crore for a value-added service campaign.

Jaypee Infratech insolvency: Suraksha Realty hopeful of getting favourable vote of lenders, homebuyers
Business

Jaypee Infratech insolvency: Suraksha Realty hopeful of getting favourable vote of lenders, homebuyers

Mumbai-based Suraksha Realty on Monday expressed confidence that bankers and home buyers will vote in favour of its bid to acquire bankrupt realtor Jaypee Infratech, saying that the company has substantially improved its resolution plan to maximise the value for financial creditors