Page 11 - National Company Law Tribunal

Max Healthcare says will become second largest healthcare chain by revenue

Max India completes merger of Radiant Life's hospital assets with self

New-look inter-creditor agreement on the cards as IBC process suspended

The Indian Banks' Association can be expected to begin formal discussions with the wider banking fraternity over the next fortnight

Jet Airways stake sale: Lenders to invite fresh expression of interest

The committee of creditors (CoC) of Jet is likely to come out with a revised EoI for the stake sale in the defunct airline on Wednesday, said a source.

NCLT cancels this year's summer vacation for all benches across the country

The Delhi-based principal bench was scheduled to go on summer vacation in the month of June.

Giving teeth to bankruptcy code

By adopting a few steps many companies that have no alternative but to go to the NCLT to keep themselves from closing down can be saved

Banks want IBC proceedings in all pending cases to be suspended for 2 years

Fall in valuation, lack of demand cited as reasons

Punjab & Sind Bank declares Golden Jubilee Hotels as fraud account

Golden Jubilee Hotels Pvt Ltd is a public-private partnership (PPP) with the Department of Tourism and Youth Advancement, Tourism & Culture, Government of Telangana

Hindustan Unilever, GSK Consumer stocks hit lifetime highs ahead of merger

The stock price of HUL and GSK Consumer rallied 5.08% and 5.72% each on Tuesday

RCom's resolution plan to sell Rs 23,000 cr assets filed before NCLT

The plan entails realisation of around Rs 23,000 crore from sale of RCom assets and clawback of money paid to some of the lenders.

NCLAT asks CCI to probe against Flipkart over alleged unfair practices

Earlier, the CCI had absolved e-commerce major Flipkart of unfair practices using its dominant position

Lenders to seek fresh bids for Lavasa Corp in debt resolution reset

Lavasa and its subsidiaries defaulted on their debt obligations totalling about Rs 7,700 crore

A framework of fear

The risk of roping in bank officials whenever there is a fraud at the borrower's end is a stringent deterrent to bank officials taking credit decisions

Adani's Rs 400 crore bid for posh Aditya Estates in Delhi gets NCLT nod

The Committee of Creditors (CoC) of Aditya Estates led by ICICI Bank PLC had already approved by 93.01 per cent vote share, Adani's Rs 400 crore offer, which includes an upfront payment of Rs 265 cr

Allcargo boosts single-largest investor status in Gati, ups stake to 20.8%

Share purchase from Gati promoters marks end of second phase of deal

Governing unlisted firms

Proposed norms are in the right direction

New York's Interups plans to acquire assets worth $8 billion in India

If all the transactions conclude successfully, Interups said it would earn $80-$100 million in gross cash revenues, excluding any equity value earned

Jio, UVARC emerge top bidders for RCom assets with bids worth Rs 21,000 cr

Delhi-based UVARC has offered to pay about Rs 16,000 crore for the spectrum, real estate, and enterprise and data centre businesses of RCom and Reliance Telecom, which houses these assets

RCom CoC to seek 24-day extension for asset sale as deadline ends on Jan 10

The other bidders include Bharti Airtel, Värde Partners and UV Asset Reconstruction Company (UVARCL)

SC to hear Tata Sons' plea challenging NCLAT decision on Mistry on Friday

The apex court website on Tuesday showed the plea to be listed before a three-judge bench comprising Chief Justice S A Bobde and Justices B R Gavai and Surya Kant

Jaypee Infra's IRP approaches NCLT Allahabad for approval of NBCC's bid

Last month, NBCC won the bid to acquire Jaypee Infratech after financial creditors, including lenders and homebuyers, approved its resolution plan