To Settle Shareholder Differences, Indigo Approaches NCLT
To resolve the deep fissures that have apparently surfaced between the two major shareholders – Rahul Bhatia and Rakesh Gangwal, Indigo has headed for NCLT....
Tag : National Company Law Tribunals (NCLT)
RCom Against Closing Insolvency Plea Ericsson wants it Withdrawn
The Reliance Communication and Ericsson strain carried over in the Supreme Court with the Swedish company called for the closing of the insolvency proceedings started...
Ruia draw NCLAT To Balk ArcelorMittal's Buying Of Essar Steel
NCLT Ahmedabad had approved the lenders plan to global steel giant ArcelorMittal to take over Essar steel. NCLT has suggested that the payment of 42,000...
NCLT Approves ArcelorMittal's Takeover Of Essar Steel
ArcelorMittal’s bid to take over insolvent Essar Steel Ltd. was approved by the Ahmedabad bench of the National Company Law Tribunal. In a statement made...
RBI Says IBC, SARFAESI Act Enabled Banks Recover More Bad Loans
According to the RBI data & report, Insolvency and Bankruptcy Code (IBC) and amendments in the Securitisation and Reconstruction of Financial Assets and Enforcement of...