Jaipur: Ex-minister leads protest over factory transfer scam
Former Rajasthan minister Pratap Singh Khachariyawas leads protest march in Jaipur, alleging a ₹1,000 crore scam in Jaipur Metal Factory's transfer to Alchemist. Read the full story.
Category : Search result: NCLT
Reliance's Tira Beauty Becomes Lotus Chocolate Promoter
Reliance Consumer Products, now Tira Beauty, is the new promoter of Lotus Chocolate after NCLT-approved restructuring. Details on the 51% stake transfer and stock performance inside.
NCLT upholds IL&FS right to revise TIFC sale price
NCLT Mumbai validates IL&FS's move to raise TIFC sale price to ₹1,481 crore from Brookfield's ₹1,080 crore bid. Read the full legal and financial implications.
Aakash Rights Issue Stalled Over Byju's FEMA Compliance Issue
Aakash Educational Services halts ₹25 crore from Byju's parent in its crucial ₹250-crore rights issue over FEMA, ECB violations. The dispute threatens the fundraise amid leadership churn and insolvency battles. Read the full analysis.
ED Uncovers IBC Misuse, Bid Rigging in NCLT Cases
Enforcement Directorate exposes manipulation of insolvency process, arrests Lalu Prasad Yadav's aide Amit Katyal. Crucial evidence of bid rigging and ₹50 lakh cash seized in nationwide probe.
Jaiprakash Gaur's Legacy Ends in Bankruptcy
At 94, Jaiprakash Gaur watches his life's work collapse as NCLT admits Jaiprakash Associates into insolvency. Read about his rags-to-riches story and ultimate downfall.
NSEL Crisis Ends: NCLT Approves Final Settlement
After 12 years, National Spot Exchange crisis concludes as NCLT approves ₹1,950-crore settlement. Traders to receive up to 42% of dues. Read the full story.
Financial creditors surpass operational creditors in IBC cases
India's insolvency code undergoes significant shift as financial creditors now dominate bankruptcy proceedings. Analysis reveals changing creditor behavior and recovery patterns under IBC framework since 2020 threshold change.
IBC Reforms: Biggest Changes in 9 Years Coming
India's Insolvency and Bankruptcy Code undergoes major reforms with cross-border insolvency and faster debt resolution. Parliament to consider revised bill in December session.
Bank Chiefs to Monitor Top NCLT Cases Personally
Public sector bank CEOs must personally oversee top 20 pending NCLT cases and 10 resolution accounts. DFS Secretary Nagaraju urges swift action for better recoveries through IBC ecosystem.
Adani Wins Bid for Bankrupt Jaiprakash Associates
Gautam Adani's Adani Enterprises secures creditors' approval to take over bankrupt Jaiprakash Associates, gaining assets worth ₹35,000 crore across cement, power and hospitality sectors.
Adani wins $1.53bn Jaiprakash takeover bid
Adani Enterprises secures creditor approval for $1.53 billion Jaiprakash Associates acquisition, beating Vedanta's higher offer with better payment terms. Key details inside.
Manipal, upGrad Vie for Byju's in NCLT Insolvency Battle
Manipal Group and upGrad compete for bankrupt Byju's parent TLPL in NCLT proceedings. US lenders hold 99.41% voting power deciding the fate of 1,780 creditors in India's biggest edtech collapse.
Vedanta Demerger: NCLT Reserves Order After Govt Objection
NCLT Mumbai reserves order on Vedanta's proposed demerger after Petroleum Ministry raises concerns over financial risks and asset misrepresentation. Key details inside.
IBBI Aligns Bankruptcy Code with Anti-Money Laundering Laws
IBBI makes landmark move to integrate bankruptcy proceedings with PMLA, creating powerful new weapon against financial fraud and strengthening India's financial ecosystem.
Environment Clearance Shield for Stressed Assets Approved
In a landmark move to boost India's ease of business, the government has approved a mechanism protecting environment clearances during NCLT-led insolvency, preventing stressed projects from restarting approval processes.
HUL Ice Cream Demerger: NCLT Approval & Key Questions
Hindustan Unilever's ice cream business gets NCLT approval for demerger. Discover what this means for investors, employees, and the future of brands like Magnum and Kwality Wall's.
NCLAT Stays Insolvency Against BYJU'S Aakash Institute
In a significant legal victory, NCLAT stays insolvency proceedings against BYJU'S-owned Aakash Institute, providing breathing space for the embattled edtech company amidst ongoing financial challenges.
Byju's NCLAT Battle: Aakash Stake & Rights Issue Crisis
Edtech giant Byju's faces legal hurdles as NCLAT orders maintenance of shareholding in Aakash Institute. Discover the latest developments in the rights issue controversy and Articles of Association changes.
Vedanta, Adani, Jindal, Dalmia Bid For Jaypee Cement
Corporate giants Vedanta, Adani Group, Jindal Power, and Dalmia Bharat are locked in a high-stakes battle to acquire Jaiprakash Associates' cement business through the insolvency process, marking one of India's most significant corporate recovery cases.
NCLT Orders Insolvency Against Bhilai Jaypee Cement
The National Company Law Tribunal has initiated corporate insolvency resolution proceedings against Bhilai Jaypee Cement Limited, marking a significant development in India's corporate landscape and cement industry.
Jaypee Insolvency: Billionaire Bidders Must Show Money
Adani, Vedanta, Dalmia, and Jindal Power face off in Jaypee Group's resolution process as NCLT demands concrete proof of funding capabilities. Get exclusive insights into India's biggest corporate insolvency showdown.
Supreme Court Ends Gstaad Hotels Insolvency Battle
In a landmark ruling, India's Supreme Court dismisses Gstaad Hotels' appeal, upholding NCLT's insolvency order. Founder Deepak Raheja's seven-year legal battle concludes as financial troubles force luxury hotel chain into corporate insolvency.
NCLT admits insolvency case against BluSmart Mobility
BluSmart Mobility, the electric vehicle ride-hailing service, faces financial headwinds as NCLT admits insolvency petition filed by vendor. Discover the implications for India's EV sector.
Page 1 of 1