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Page 47 - Nclt

Twist in corporate drama: Tata's financial shape worse than in FY15, FY19

The analysis is based on the annual audited consolidated finances of all listed Tata Group firms for the respective financial years

Twist in corporate drama: Tata's financial shape worse than in FY15, FY19
Updated On : 03 Jan 2020 | 7:28 PM IST

Jet Airways lenders give time till January 15 for submission of EoIs

Jet has completed 180 days of its insolvency proceedings and has extended the corporate insolvency process by another 90 days.

Jet Airways lenders give time till January 15 for submission of EoIs
Updated On : 03 Jan 2020 | 2:42 AM IST

Setback for the Tatas

NCLAT judgment raises several questions

Setback for the Tatas
Updated On : 02 Jan 2020 | 9:40 PM IST

NCLAT expunges NCLT order on Mistry, terms it 'disparaging, avoidable'

The NCLT had used words in remarks which includes "heart burn", "settle their score", "prejudicial to the interest of the company", "sovereign authority", "his way is highway" etc in its order.

NCLAT expunges NCLT order on Mistry, terms it 'disparaging, avoidable'
Updated On : 02 Jan 2020 | 9:40 PM IST

Cyrus Mistry unlikely to take up a board position, may appoint nominees

Mistry and his team are reviewing the legal situation

Cyrus Mistry unlikely to take up a board position, may appoint nominees
Updated On : 02 Jan 2020 | 9:40 PM IST

Gruelling battle for 865 days: The making of Rs 42,000-cr Essar Steel deal

Getting to this point wasn't easy. The road was riddled with challenges as much for ArcelorMittal as it was for stakeholders

Gruelling battle for 865 days: The making of Rs 42,000-cr Essar Steel deal
Updated On : 30 Dec 2019 | 2:43 AM IST

Budget 2020: FM to meet heads of PSBs to discuss credit situation, economy

The meeting is also expected to take up discussion on non-performing asset recovery through both NCLT and non-NCLT means

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Updated On : 27 Dec 2019 | 5:15 PM IST

Is sheer size the biggest hurdle in the NCLT route for McLeod Russel?

Viability of the tea industry is another factor that is holding back companies from bidding for India's largest tea company

Is sheer size the biggest hurdle in the NCLT route for McLeod Russel?
Updated On : 26 Dec 2019 | 12:21 AM IST

Investors in fear as commercial disputes treated as criminal complaint: CII

Prime Minister Narendra Modi last week said the government is working to decriminalise some provisions of the Companies Act to make it easier to do business in the country

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Updated On : 24 Dec 2019 | 5:33 PM IST

Tribhovandas Bhimji Zaveri & Sons files for bankruptcy after NCLT order

TBZSR's creditors have been asked to submit their claims to the interim resolution professional by January 3

Tribhovandas Bhimji Zaveri & Sons files for bankruptcy after NCLT order
Updated On : 21 Dec 2019 | 10:47 PM IST

Former IL&FS directors got lucrative paychecks even as firm collapsed

Arun K Saha, erstwhile joint MD & chief executive officer (CEO), took home a hefty remuneration of Rs 6.88 crore for FY19. He was also a whole-time director of the subsidiaries and group companies.

Former IL&FS directors got lucrative paychecks even as firm collapsed
Updated On : 21 Dec 2019 | 1:31 AM IST

Jet Airways' insolvency resolution extended by 90 days as bidders seek time

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

Jet Airways' insolvency resolution extended by 90 days as bidders seek time
Updated On : 20 Dec 2019 | 10:39 PM IST

Don't delay decision on reviving Jet Airways, NCLT tells Synergy Group

The South American group had failed to provide a resolution plan before December 16 deadline due to uncertainty on airport slots

Don't delay decision on reviving Jet Airways, NCLT tells Synergy Group
Updated On : 20 Dec 2019 | 12:34 AM IST

NCLT directs Jet Airways lenders to expedite decision on fresh EOIs

The RP on December 17 had told the tribunal that until now two investors have shown interest in the airline

NCLT directs Jet Airways lenders to expedite decision on fresh EOIs
Updated On : 19 Dec 2019 | 6:08 PM IST

Will certainly consider investors' plan for Jet's rescue: DGCA to NCLT

The NCLT will hear the Synergy Group on Thursday about the company's clarifications on its stand on the airport slots.

Will certainly consider investors' plan for Jet's rescue: DGCA to NCLT
Updated On : 17 Dec 2019 | 10:30 PM IST

GAIL, GETCO move NCLT seeking rejection of ArcelorMittal's Essar Steel bid

Aggrieved by ArcelorMittal's resolution plan, GAIL and GETCO filed separate interlocutory applications in the Ahmedabad-bench of NCLT

GAIL, GETCO move NCLT seeking rejection of ArcelorMittal's Essar Steel bid
Updated On : 16 Dec 2019 | 9:31 PM IST

Gangwal vs Bhatia: Onus on InterGlobe board to sort issue, say experts

Most legal experts said that to come out of the current situation, InterGlobe Aviation needs to expand the size of its board of directors

Gangwal vs Bhatia: Onus on InterGlobe board to sort issue, say experts
Updated On : 15 Dec 2019 | 8:34 PM IST

CG Power fraud: Thapar cites board approvals, denies fund misuse charges

CG Power board sacked Thapar after an audit report by Vaish Associates, which itself is based on as many as 23 disclaimers, claimed that Thapar swindled Rs 3,000 crore from CG Power.

CG Power fraud: Thapar cites board approvals, denies fund misuse charges
Updated On : 15 Dec 2019 | 5:48 PM IST

NCLT to hear Omaxe Group's Hyderabad property case on January 9

The order for status quo can be seen as a victory for Sunil Goel, former Joint MD of the company, who had moved the NCLT against the sale of 25-acre project at Kokapet, Hyderabad

NCLT to hear Omaxe Group's Hyderabad property case on January 9
Updated On : 12 Dec 2019 | 11:42 PM IST

NCLAT stays NCLT directive making MCA party in all insolvency cases

The appellate tribunal's direction came over a petition filed by the government through the Ministry of Corporate Affairs (MCA) challenging the NCLT order

NCLAT stays NCLT directive making MCA party in all insolvency cases
Updated On : 11 Dec 2019 | 3:04 AM IST