Zee Sony Merger Receives Approval From NSE, BSE
On Thursday, the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) approved the proposed merger of ZEE Entertainment Enterprises Limited (ZEEL) and Culver...
Tag : National Company Law Tribunal (NCLT)
SC Allows FRL to Approach Delhi HC on Reliance Retail Merger
The Supreme Court permitted Future Retail Ltd (FRL) to approach the Delhi High Court to let the National Company Law Tribunal (NCLT) move forward with...
APSEZ’s Composite Scheme Gets Approved by NCLT
The National Company Law Tribunal (NCLT) has approved the composite scheme of Adani Ports and Special Economic Zone (APSEZ) to purchase Sarguja Rail Corridor Pvt...
IL&FS Gets NCLT Nod to Transfer Six Road Projects to InvIT in Phase 1
IL&FS has received approval from the National Company Law Tribunal (NCLT) to move six road projects to an Infrastructure Investment Trust (InvIT). The projects will...
Amazon Files Another Petition in SC Against NCLT Order
Amazon has filed another petition in the Supreme Court against the National Company Law Tribunal (NCLT) that had permitted Future Retail (FRL) to have meetings...
NCLT Restrains RHC Finance From Exercising Voting Rights in Religare Enterprises
The National Company Law Tribunal (NCLT) had restrained RHC Finance, a firm controlled by Malvinder Mohan Singh and Shivinder Mohan Singh, from exercising its voting...
Jet Airways Staff Approaches Non-Payment of Gratuity
Jet Airways staff has urged the labour department to initiate steps to “summon” the management of the erstwhile Jet Airways, including former Chairman Naresh Goyal,...
Jet Airways to Resume Domestic Operations in Q1 of 2022
Jet Airways will resume domestic operations by the first quarter of 2022, an investor consortium whose resolution plan was approved by India’s bankruptcy court earlier...
Parliamentary Committee Recommends Rebuilding Insolvency System
A parliamentary committee has been appointed to review the Insolvency and Bankruptcy Code (IBC) has recommended rebuilding the present system, including a threshold rate of...
SC Reserves Decision on Amazon’s Pleas Against FRL-Reliance Deal
The Supreme Court decided on e-commerce giant Amazon’s pleas against the merger of Future Retail Ltd (FRL) with Reliance Retail. It will control whether Singapore’s...