Govt weighs more NCLT benches to clear insolvency backlog – Times of India
NEW DELHI: Govt and the Insolvency & Bankruptcy Board of India have discussed a proposal for a sharp increase in the number of benches of the National Company Law Tribunal…
Byju’s case: Aakash Edu moves NCLT to implead EY – Times of India
BENGALURU: Aakash Educational Services filed an application before the NCLT in Bengaluru, seeking to dismiss a petition filed by Byju's and calling for the impleadment of consultancy firm EY and…
Supreme Court stays liquidation of Bhushan Power & Steel – Times of India
NEW DELHI: Supreme Court on Monday stayed the liquidation process for Bhushan Power & Steel (BPSL) before NCLT and ordered to maintain status quo after JSW Steel, whose resolution plan…
IREDA takes Gensol to insolvency court – Times of India
MUMBAI: Indian Renewable Energy Development Agency on Wednesday filed an insolvency plea against troubled Gensol Engineering over a default of Rs 510 crore, the power financier said in an exchange…
Spicejet faces another insolvency plea from operational creditor; NCLT issues notice – Times of India
NEW DELHI: The National Company Law Tribunal (NCLT) on Monday issued notice to debt-ridden air carrier SpiceJet over the plea filed by one of its operational creditors. A two-member NCLT…
Byju Raveendran moves fresh plea in Karnataka high court against insolvency order | India News – Times of India
MUMBAI: Byju Raveendran has moved a fresh writ petition in the Karnataka high court, seeking suspension of the National Company Law Tribunal’s (NCLT) order which allowed the initiation of insolvency…
Debt, equity holders approve merger of IDFC with IDFC First Bank – Times of India
NEW DELHI: Shareholders and non-convertible debenture (NCD) holders of IDFC First Bank have approved a proposal to merge parent IDFC Ltd with the lender. The National Company Law Tribunal (NCLT)…