NCLT
- Andhra Pradesh
Jagan files NCLT petition to cancel transfer of shares to sister Sharmila
Amaravati: The rift in the YSR family deepened with former chief minister and YSR Congress party President Y. S. Jagan Mohan Reddy filing a petition in NCLT, seeking an order to annul…
- Business
Zee, Sony end all disputes, $10 bn merger deal scrapped amicably
Mumbai: ZEE Entertainment Enterprises Ltd. (ZEE), and Culver Max Entertainment Pvt. Ltd. (CMEPL) operating as Sony Pictures Networks India (SPNI), together with its group company Bangla Entertainment Pvt. Ltd. (BEPL), have arrived…
- Hyderabad
Rs 18K crore loan default: NCLT declares GVK PIL bankrupt
Hyderabad: The National Company Law Tribunal (NCLT) in Hyderabad has declared GVK Power and Infrastructure Ltd (GVKPIL) bankrupt, initiating the Corporate Insolvency Resolution Process (CIRP). This comes after GVK Coal Developers (Singapore)…
- Bangalore
Byju’s moves Karnataka HC against NCLT order restraining it from 2nd rights issue
New Delhi: Edtech company Byju’s, mired in several controversies amid a cash crunch, has moved the Karnataka High Court against the order of the National Company Law Tribunal (NCLT), which restrained it…
- Business
ZEE withdraws merger implementation application from NCLT, to pursue claims against Sony
Mumbai: Zee Entertainment Enterprises (ZEE) has decided to withdraw a merger implementation application filed before the Mumbai branch of the National Company Law Tribunal (NCLT). The application was filed by ZEE on…
- Hyderabad
NCLT Hyderabad initiates insolvency proceedings against GVK Gautami Power
New Delhi: The Hyderabad bench of the National Company Law Tribunal (NCLT) has initiated insolvency proceedings against GVK Gautami Power Ltd, according to a regulatory filing. In the filing, GVK Power &…
- India
NCLT asks SpiceJet to settle disputes with lessors in ongoing insolvency cases
New Delhi: The National Company Law Tribunal (NCLT) on Tuesday asked SpiceJet to work towards resolving disputes with the lessors who have initiated insolvency proceedings against the airline. This came during an…
- India
Relief for Go Airlines as NCLAT upholds NCLT order
Chennai: The National Company Law Appellate Tribunal (NCLAT) on Monday upheld the NCLT’s order granting moratorium to the Wadia group’s Go Airlines (India) Ltd. The NCLAT decided on the petitions filed by…
- India
Go First cancels all flights till May 12
New Delhi: Cash-strapped airline Go First on Friday said it has cancelled all its flights till May 12. The Wadia group-owned carrier has filed a plea for voluntary insolvency resolution proceedings before…
- Business
NCLT extends Rel Cap resolution deadline to Jan 31, 2023
Mumbai: NCLT extends Reliance Capital resolution process completion deadline to January 31, 2023. The earlier deadline was November 1, 2022. This is the third extension, as the timeline has been extended twice…
- Hyderabad
National Judicial Data Centre to come up in Hyderabad, says CJI
Hyderabad: Despite competition from other states, Chief Justice of India (CJI) N V Ramana said that the National Judicial Data Centre’s (NJDC) headquarters will be established in Hyderabad. Addressing the gathering at…
