Page 32 - Nclt

NCLT asks Zee to file reply to Invesco's plea for EGM by Oct 7

Zee argues that Invesco's plea should be dismissed as the petition is seeking ad-interim relief as its final relief

NCLT asks Zee to file reply on Invesco's plea for EGM by Oct 7

The tribunal, on Tuesday, said it cannot give Zee Entertainment Enterprises 'weeks and weeks' of time for filing its reply

Top headlines: RBI supersedes SREI; Invesco seeks mandatory order from NCLT

Business Standard brings the top headlines of the day

Zee-Invesco spat: NCLT to hear matter again on Tuesday

On September 30, NCLT directed Zee Entertainment Enterprises Ltd to hold a board meeting to consider Invesco's request for convening an EGM.

Why is India Inc seeing a surge in shareholder activism?

Shareholder activism in India: We often hear of a growing trend in India Inc that could bode well for shareholders but present challenges for companies. But that may not be a nascent phenomenon

Prolonged battle ahead as ZEE Entertainment takes Invesco to court

Lawyers said how the high court treats Zee's civil suit for dismissal of Invesco's demand for an EGM would set tone for how legal battle would unfold in coming days

Reliance Industries extends deadline to complete Future group deal

The deal has been contested by Amazon, an investor in Future Coupons, which in turn is a shareholder in Future Retail

NCLT directs Zee board to consider Invesco's requisition for EGM

It's not a discretionary power of the Zee Entertainment board to call or not call for EGM, says NCLT

Top headlines: NCLT gives Zee Oct 3 deadline; Ola Electric raises $200 mn

Business Standard brings you the top stories from today

Delhi Gymkhana Club: NCLT may try to dispose of matter within 4 months

The NCLAT had in February directed suspension of the club's general committee and asked the government to appoint an administrator

Invesco moves NCLT against Zee, petition to be heard on Thursday

Move premature; in process of taking required steps: Zee

NCLT allows Future Group to hold EGMs to sell businesses to Reliance

Will seek shareholder approval to sell assets to Reliance Retail

NCLT to hear plea on approval of Suraksha's bid for Jaypee Infra on Oct 26

NCLT on Tuesday directed to list the pleas related to the Suraksha group's bid to acquire debt-ridden realty firm Jaypee Infratech on October 26 for hearing

Jet Airways staff approaches labour dept over non-payment of gratuity

The NCLT order, which is public now, provides for a very microscopic settlement for employees, which is pegged at Rs 52 crorE

McLeod's return from brink of IBC signals a brief respite for tea industry

In an industry in which more than half the production is accounted for by the small growers, analysts believe that big players may help bring production and pricing discipline

Sivasankaran group firm offers to settle dues with IL&FS Financial Services

Siva Shelters says of the dues worth Rs 76 cr claimed by IFIN, it will pay Rs 50 cr along with normal interest at 14% plus penal interest until all dues are fully cleared

Supreme court criticises Centre for 'cherry picking' names for Tribunals

The Supreme court on Wednesday pulled up the Centre over the recent appointments in some tribunals, saying it was "cherry-picking" candidates from the recommended list and that there was "no consistency" in the selection process. "We are very much unhappy with the way the issues are going on and how the decisions are taken, the court observed, calling the situation "unfortunate". Observing that making appointments in tribunals is the only solution, the top court asked the Centre to do so in two weeks as the quasi-judicial bodies face a severe crunch of presiding officers as well as judicial and technical members that crippled their functioning. The Centre was also asked to apprise the court of the reasons if persons from the recommended list are not selected. A three-judge special bench headed by Chief Justice N V Ramana took note of the assurance of Attorney General K K Venugopal that the Centre would make appointments in two weeks to the tribunals from the list of persons ...

Jet Airways to resume domestic operations in first quarter of 2022

The Jalan Kalrock Consortium, the successful resolution applicant of the carrier, announced on Monday

NCLAT dismisses Devas Multimedia's plea against its winding up

NCLAT on Wednesday dismissed a petition filed by Devas Multimedia challenging an order of the NCLT to wind up the company

McLeod Russel steps out of insolvency after settlement with creditor

Sources say offer has been made to P P Gupta of Techno Electric for a minority stake in the firm, who could chip in to help McLeod promoters bring in equity as per debt resolution