Nclt | The Asian Age

Thursday, May 16, 2024 | Last Update : 11:32 PM IST

nclt Page-9

Hundreds of Jaypee homebuyers recently held a protest and demanded their money back. (Photo: PTI)

SC to hear plea of Jaypee home buyers on Thursday

Around 32,000 buyers have booked their homes in 27 different housing projects of Jaypee Infratech

23 Aug 2017 12:01 PM

Union Finance Minister Arun Jaitley (Photo: PTI)

Flat buyers can seek relief under new law, says Arun Jaitley

He said there was a provision for running a company under insolvency proceedings.

17 Aug 2017 2:39 AM

Homebuyers have been protesting after NCLT admitted IDBI Bank's insolvency plea against Jaypee Infratech. Photo: Representational/PTI

Protesting homebuyers call Jaypee insolvency issue a scam

Buyers say they cannot take their claims anywhere and that the government must take responsibility for these things.

12 Aug 2017 8:07 PM

NCLT has approved the demerger of home finance business of Reliance Capital Ltd.

Demerger of RCap's home finance business gets NCLT nod

NCLT approved demerger and vesting of demerged undertaking from Reliance Capital Ltd to Reliance Home Finance Ltd.

11 Aug 2017 6:15 PM

Jaypee group is selling its assets to reduce debt.

NCLT admits insolvency petition of IDBI against Jaypee Infra

Allahabad bench of NCLT has admitted the petition filed by IDBI Bank under Section 7 of Insolvency and Bankruptcy Code 2016.

11 Aug 2017 11:40 AM

Combined entity is expected to create a mobile services juggernaut with nearly 400 million users and a 35 per cent market share in terms of customers.

Idea Cellular seeks NCLT nod for merger with Vodafone India

Deal gives Vodafone India an implied enterprise value of Rs 82,800 crore and Idea Rs 72,200 crore.

08 Aug 2017 4:26 PM

As part of the proposal, Vodafone India will initially hold 50 per cent stake in the merged entity.

Idea-Vodafone deal gets conditional go-ahead from Sebi

Multi-layered deal was announced in March and recently got clearance from the fair trade regulator CCI.

08 Aug 2017 9:29 AM

Out of these 12 accounts, nine have already been referred to the NCLT. (Photo: PTI/Representational)

Bankers review progress of 12 large NPA accounts under IBC

IAC has referred all accounts whose fund and non-fund based loans are greater than Rs 5,000 crore.

08 Aug 2017 9:19 AM

The Insolvency and Bankruptcy Code is a "wonderful document" in place but the challenge is in successfully implementing it, Supreme Court judge A K Sikri said on Saturday.

Insolvency code - 'wonderful document' but difficult to interpret: SC Judge

Insolvency professionals are responsible for taking forward resolution processes that has to be completed in 180 days.

29 Jul 2017 3:39 PM

Average revenue per user would increase to Rs 450-500 in the next 5 years from current industry average of Rs 150-160.

NCLT approves Dish TV-Videocon D2h merger

Merged entity would have a subscriber base of over 27.2 mn creating largest DTH service provider in industry.

28 Jul 2017 9:56 AM

The companies were directed to file their reply.

NCLT reserves order on SBI’s bankruptcy plea against Bhushan Steel

SBI is claiming to recover Rs 4,295 cr from Bhushan steel along with USD 490 million foreign currency loan.

19 Jul 2017 2:06 PM

The extra provisioning, which directly impacts the bottomlines, will eat into banks profits by around 25 per cent in FY18.

IBC: Banks to set aside Rs 18,000 cr in FY18, expect 25 per cent profit

SBI had conceded that it will require more provisions but ruled out big impact on profits.

18 Jul 2017 2:31 PM

The Insolvency and Bankruptcy Code has segregated judicial and commercial aspects of the insolvency process. (Representational Image)

Insolvency code defines judicial and commercial aspects

IBC has put commercial aspects in hands of stakeholders, judicial aspects with tribunal, said IBBI chairperson.

15 Jul 2017 6:43 PM

NCLT issued notices to Bhushan Steel Ltd and Bhushan Steel and Power Ltd over insolvency proceedings. (Representational Image)

NCLT sends notice to Bhushan Steel, Bhushan Power over bad loans

SBI is lead banker to defaulters like Bhushan Steel, Essar Steel, Jyoti Structures Ltd and Electrosteel Steel.

14 Jul 2017 11:18 AM

SBI files insolvency against Electrosteel at NCLT

The move comes amid SBI and other lenders starting insolvency proceedings against the 12 bad loan accounts identified by RBI.

29 Jun 2017 2:57 PM

Banks to increase provisioning by 25 per cent post NPA haircut: Crisil

The RBI over a fortnight back referred the 12 largest bad loans for resolution under the Insolvency and Bankruptcy Code 2016.

26 Jun 2017 5:14 PM

Essar, Bhushan Steels and Electrosteel referred to NCLT for insolvency

Essar Steel, Bhushan Steel and Electrosteel Steel collectively have NPAs worth Rs 1 lakh crore.

23 Jun 2017 11:16 AM

NCLT okays RCap shareholders' meet for listing Reliance Home Finance

Listing of Reliance Home Finance is expected to be completed by September, Reliance Capital said.

21 Jun 2017 2:07 PM

Bankers to meet from Monday to decide on large loan defaulters

Banks will meet to discuss six of the 12 accounts named by the RBI before referring accounts to the NCLT.

18 Jun 2017 3:08 PM

NCLT admits 110 cases for insolvency resolution

A case is admitted by NCLT when it finds prima facie truth in the claims made by the applicant.

16 Jun 2017 8:04 PM

9 of 10

Columns

Dilip Cherian