Category : Search result: NCLT order

Aakash's ₹250-Crore Rights Issue Hits FEMA Hurdle as Byju's Parent's ₹25 Crore Stuck

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 Cracks Down on IBC Misuse: Lalu's Aide Arrested in Bid Rigging Scandal

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 Empire Crumbles Under ₹57,000 Crore Debt

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.

India's IBC Set for Major Reforms in December Parliament Session

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.

PSU Bank Chiefs to Personally Monitor Top 20 NCLT Cases for Swift Resolution

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 Jaiprakash Associates With ₹14,500 Cr Resolution Plan

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 $1.53 Billion Jaiprakash Takeover with Creditor Approval

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.

India's Ease of Business Boost: Environment Clearance Shield for Stressed Assets Gets Nod

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.

UP CM Yogi Adityanath Slams RJD's Shahabuddin, Calls Out 'Khandani Mafia' in Fiery Speech

Yogi Calls RJD's Shahabuddin 'Khandani Mafia'

Uttar Pradesh Chief Minister Yogi Adityanath launches scathing attack on RJD leader Osama Shahabuddin, labeling him 'khandani mafia' while addressing law and order concerns in Bihar.

7 Arrested in Dhauli for Brutal Thrashing of Teenager | Bhubaneswar Police Crackdown

7 Arrested for Thrashing Teen in Dhauli

Bhubaneswar police arrest seven individuals after viral video shows minor being brutally assaulted in Dhauli. Shocking incident sparks public outrage and swift police action.

Swiggy Q2 FY25: Food Delivery Giant Reports 19% Revenue Surge as GOV Hits $1.7 Billion

Swiggy Q2 FY25: 19% Revenue Growth, $1.7B GOV

Swiggy's Q2 FY25 results show impressive growth with 19% revenue increase, $1.7 billion gross order value, and expansion of instant commerce service Instamart. Discover how the food delivery major is transforming India's quick commerce landscape.

Jungle Raj Shadow: How RJD's Law & Order Legacy Haunts Bihar Politics Today

Jungle Raj Legacy Haunts RJD in Bihar Politics

Explore how the 'Jungle Raj' era of RJD rule continues to shape Bihar's political landscape and challenge Tejashwi Yadav's leadership ambitions in contemporary elections.

Supreme Court Shifts Probationary Judicial Officer's Hit-and-Run Case from Punjab to Delhi | Major Legal Development

SC transfers judicial officer's hit-and-run case to Delhi

In a significant legal move, the Supreme Court transfers the high-profile hit-and-run case involving a probationary judicial officer from Punjab to Delhi. Get exclusive details on the court's reasoning and what this means for judicial accountability.

Sanjauli Mosque Demolition: Shimla Court Halts MC Action, Demands Answers from Commissioner

Shimla Court Stays Mosque Demolition, Summons Commissioner

In a significant development, the Shimla District Court has stayed the demolition of Sanjauli Mosque and issued a show-cause notice to the Municipal Commissioner. The court has demanded a personal appearance and explanation for the controversial demolitio

Telangana HC Grants Stay: Employee Can Opt-Out of Promotion in Landmark Ruling

Telangana HC: Employee Can Opt-Out of Promotion

In a significant judgment, Telangana High Court allows government employee to decline promotion, staying departmental proceedings. Landmark case redefines voluntary retirement rules.

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