NCLAT Sets Aside NCLT’s Order on Zee Entertainment’s Merger with Sony India
The National Company Law Appellate Tribunal (NCLAT) on Friday quashed the National Company Law Tribunal’s (NCLT) order directing the National Stock Exchange (NSE) and BSE...
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NCLT Rejects IDBI’s Insolvency Plea Against Zee
On Friday, the National Company Law Tribunal (NCLT) dismissed IDBI Bank’s petition to seek insolvency against media giant Zee Entertainment, finding that the petition was...
NCLT Rejects Central Bank’s Bankruptcy Plea Against Simplex Infrastructures
The National Company Law Tribunal (NCLT) in Kolkata has dismissed the Central Bank of India’s insolvency application against Simplex Infrastructures. In an order dated May...
NCLT Lists GoFirst Insolvency Plea for Hearing Tomorrow
Delhi’s National Company Law Tribunal has agreed to hear cash-strapped airline GoFirst’s voluntary insolvency plea on Thursday. GoFirst lawyers referred the request before NCLT on...
NCLT Grants 90-Days Extension to Future Retail to Conclude Insolvency
NCLT has granted Future Retail Ltd (FRL) a 90-day extension to complete the company’s corporate insolvency resolution process (CIRP). Allowing FRL’s plea, the Mumbai judges...
NCLT Approves Propel Plastic Products-Plastauto Bid for Sintex-BAPL
On Friday, the National Company Law Tribunal (NCLT) approved the bid for debt-laden Sintex-BAPL by a consortium comprising Propel Plastic Products Pvt Ltd and Plastauto...
Zee Entertainment Shares Plunge 14% as NCLT Admits Company for Insolvency Resolution
Shares of Zee Entertainment Enterprises (ZEEL) fell 14% in early trade on Thursday to hit a new 52-week low of Rs 176.60 per share after...
Adani Power Gets NCLT Approval to Merge Six Subsidiaries
On Thursday, the National Company Law Tribunal (NCLT) approved the merger of Adani Power Maharashtra, Adani Power Rajasthan, Udupi Power Corporation, Raipur Energen, Raigarh Energy...
PVR-Inox Merger Approved by NCLT
On Thursday, the National Company Law Tribunal (NCLT) in Mumbai approved the merger of two film exhibition specialists, PVR Limited and INOX Leisure, by a...
Kalpataru Power shares rise after NCLT approves merger with JMC Projects
On Wednesday, Kalpataru Power Transmission Ltd (KPTL) said that the National Company Law Tribunal had approved the merger of JMC Projects (India) Ltd with KPTL,...