National Company Law Tribunal (NCLT)

NCLT directs to initiate insolvency proceedings against Syska LED Lights

The Mumbai bench of NCLT admitted the plea filed by Sunstar Industries, claiming total dues of Rs 7.70 crore and has appointed Debashis Nanda as the interim resolution professional suspending the board of Syska LED Lights, as per the provisions of the Insolvency & Bankruptcy Code (IBC).

09 October 2024, 07:28 IST

NCLT directs to initiate insolvency proceedings against Syska LED Lights

09 October 2024, 07:28 IST

NCLT approves merger of Viacom 18, Star India

The development comes two days after the Competition Commission of India approved the merger of media assets of Reliance Industries and The Walt Disney Co to create the country's largest media empire worth over Rs 70,000 crore.

30 August 2024, 14:11 IST

NCLT approves merger of Viacom 18, Star India

30 August 2024, 14:11 IST

NCLT grants extension till Aug 10 to IIHL for completing RCapital resolution plan

The tribunal, headed by Justice Virendrasingh G Bist and Prabhat Kumar, directed IIHL to submit the equity amount into the escrow account by August 31.

23 July 2024, 12:18 IST

NCLT grants extension till Aug 10 to IIHL for completing RCapital resolution plan

23 July 2024, 12:18 IST

Explained | What’s keeping the Go First insolvency saga boiling?

NCLT admitted Go First’s insolvency plea last year on May 10. But more than a year later, the case is still nowhere near resolution.

16 June 2024, 16:08 IST

Explained | What’s keeping the Go First insolvency saga boiling?

16 June 2024, 16:08 IST

NCLT asks Byju's to consider extending rights issue closure date

In an interim order dated February 27, the National Company Law Tribunal (NCLT), Bengaluru Bench said the funds received by the company in respect to the rights issue should be kept in a separate escrow account and it should not be withdrawn till the disposal of the matter.

28 February 2024, 16:52 IST

NCLT asks Byju's to consider extending rights issue closure date

28 February 2024, 16:52 IST

NCLT clears IndusInd International's Rs 9,650 crore bid for Reliance Capital

Under the resolution plan cleared by the Mumbai bench of NCLT, creditors to the company will take a massive 63 per cent haircut.

27 February 2024, 07:17 IST

NCLT clears IndusInd International's Rs 9,650 crore bid for Reliance Capital

27 February 2024, 07:17 IST

ZEE-Sony merger: NCLT issues notice to Sony to file reply in 3 weeks

Mad Men Film Ventures on Tuesday filed the petition requesting both ZEEL and Sony to implement the merger as it was approved by the NCLT in August 2023.

30 January 2024, 09:23 IST

ZEE-Sony merger: NCLT issues notice to Sony to file reply in 3 weeks

30 January 2024, 09:23 IST

Future Retail gets 90-day extension to close insolvency

Last week, Future Retail Ltd said they have received an Expression of Interest (EoI) from 49 players, including Reliance Retail, Jindal Power Ltd and the Adani Group

14 April 2023, 11:49 IST

NCLT grants 90 days extension to Future Retail for concluding insolvency

Future Retail gets 90-day extension to close insolvency

14 April 2023, 11:49 IST

NCLT gives nod to Reliance Infratel resolution plan

Reliance Infratel, which has around 43,000 towers and 1,72,000 route kilometres fiber, is going through insolvency proceedings at the Mumbai bench of NCLT

03 December 2020, 12:10 IST

NCLT gives nod to Reliance Infratel resolution plan

03 December 2020, 12:10 IST

Jet Employee Consortium, AdiGroup to bid for airline

In a first-of-its-kind initiative, a Jet Airways Employee Consortium and AdiGroup Friday announced a partnership to bid for 75 per cent of the airline through the NCLT process, members of the consortium said.

28 June 2019, 13:06 IST

Jet Employee Consortium, AdiGroup to bid for airline

28 June 2019, 13:06 IST