Search For "nclt"
Jet Airways employees stage protest in New Delhi, demand salaries
Updated : 3 years ago IST
New Delhi (India), Aug 6 (ANI): Jet Airways employees held a protest at Jantar Mantar here on Tuesday, demanding the company to release a part of their salaries till completion of the insolvency resolution process.
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Minda Corp gets NCLT nod for merging five subsidiary companies
Updated : 3 years ago IST
New Delhi [India] Aug 6 (ANI): The National Company Law Tribunal (NCLT) has approved the scheme of amalgamating five wholly-owned subsidiaries of leading auto component manufacturer Minda Corporation.
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NCLT gets 27 new judges
Updated : 3 years, 1 month ago IST
New Delhi [India], July 04 (ANI): Putting an end to the depleting strength of National Company Law Tribunal (NCLT), 27 new members on Thursday took oath as judges of the tribunal.
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Claims worth over Rs 1.73 lakh crore settled under IBC: Economic Survey
Updated : 3 years, 1 month ago IST
New Delhi [India], July 4 (ANI): The corporate insolvency resolution process yielded a resolution of 94 cases till March 31 which has resulted in the settlement of claims worth Rs 173,359 crore, according to the Economic Survey 2018-19 tabled by Finance Minister Nirmala Sitharaman in Parliam
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SC to hear UOI's plea on Airtel-Tata merger on July 8
Updated : 3 years, 1 month ago IST
New Delhi [India], July 3 (ANI): The Supreme Court on Wednesday agreed to hear on July 8 a plea filed by the Union of India (UOI) against Telecom Disputes Settlement and Appellate Tribunal's (TDSAT) stay on demand of Rs 9000 crore for approving Bharti Airtel's acquisition of Tata Teleservice
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Employee consortium, AdiGroup to bid for 75 pc stake in Jet Airways
Updated : 3 years, 1 month ago IST
New Delhi [India], June 28 (ANI): Jet Airways Employee Consortium on Friday announced their partnership with AdiGroup to bid for the acquisition of 75 per cent stake in debt-ridden Jet Airways through the National Company Law Tribunal (NCLT) process.
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NCLT admits insolvency plea by SBI against Jet Airways
Updated : 3 years, 1 month ago IST
Mumbai (Maharashtra) [India], June 21 (ANI): The local bench of National Company Law Tribunal (NCLT) on Thursday admitted the insolvency application filed by the State Bank of India (SBI) against grounded Jet Airways.
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Jet Airways hits all-time low, stock plunges over 40 pc
Updated : 3 years, 2 months ago IST
Mumbai (Maharashtra) [India], June 18 (ANI): Shares of Jet Airways extended losses for the ninth consecutive session on Tuesday and fell over 40 per cent on the Bombay Stock Exchange (BSE) in the afternoon session.
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JSW Steel gets NCLT approval for amalgamation plan
Updated : 3 years, 2 months ago IST
Mumbai (Maharashtra) [India], June 10 (ANI): JSW Steel has received approval from the National Company Law Tribunal (NCLT) for the scheme of amalgamating its four units.
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PNB reports net loss of Rs 4,750 crore in Q4 due to higher provisioning fo
Updated : 3 years, 2 months ago IST
New Delhi [India], May 28 (ANI): Government-owned Punjab National Bank (PNB) on Tuesday reported a net loss of Rs 4,750 crore in the fourth quarter of 2018-19, largely due to higher provisioning for bad loans.
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Creditors expect increase in realisations through IBC despite hiccups
Updated : 3 years, 3 months ago IST
New Delhi [India], May 19 (ANI): Innumerable litigations, defiant promoters, failing sectors and over-burdened National Company Law Tribunals (NCLTs) have negatively impacted corporate insolvency resolution process under the Insolvency and Bankruptcy Code (IBC) over the past two years, ac
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Tata Global Beverages and Tata Chemicals to combine consumer businesses
Updated : 3 years, 3 months ago IST
Mumbai (Maharashtra) [India], May 15 (ANI): Tata Global Beverages Limited (TGBL) and Tata Chemicals Limited (TCL) on Wednesday approved the de-merger of consumer products business of TCL into TGBL through a National Company Law Tribunal (NCLT) approved scheme of arrangement.
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