Tuesday, Sep 21, 2021 | Last Update : 08:20 AM IST

National Company Law Tribunal Page-2

Ex Essar Steel directors approach NCLT against ArcelorMittal takeover

On Friday, Ahmedabad bench of NCLT had approved the lenders' plan to let global steel giant ArcelorMittal take over debt-ridden Essar Steel.

11 Mar 2019 5:35 PM

Essar: NCLT clears ArcelorMittal’s bid

Clearing ArcelorMittal's bid, NCLT said that it cannot impose judicial view over banks’ wisdom.

09 Mar 2019 1:06 AM

Kwality Ltd seeks more time to file results

It said that at the time of initiation of CIRP, the audit work although commenced, but was progressing at a slow pace.

17 Feb 2019 5:17 PM

NCLT helps recover Rs 80,000 crore

In 2019, the NCLT is expected to finalise corporate insolvency resolution process of several stressed assets.

26 Dec 2018 12:57 AM

IL&FS: Emerging India’s very own ‘robber baron’

The new management has been quick to reassure investors that the value in IL&FS shares will not be allowed to be eroded.

09 Oct 2018 12:21 AM


Fearing gloom, govt takes over debt-hit IL&FS

This is the third time in less than 10 years that the government has been forced to step in and supersede the board of a listed company in India.

02 Oct 2018 1:37 AM

Govt seeks applications to fill judicial, technical member posts at NCLT

The last date for filling the online applications for the vacancies is September 14.

26 Aug 2018 1:18 PM

NCLT restores Jai Mahal Hotel ownership to Gayatri Devi's grandchildren

Maharaja Devraj and Rajkumari Lalitya Kumar had filed the petition in 2006 against the company and its directors.

02 Aug 2018 1:13 PM

Bharti Infratel, Indus Tower merger deal gets clearance from SEBI

It will now approach National Company Law Tribunal for its approval, the company said.

25 Jul 2018 3:18 PM

Plea seeks reversal of NCLT order on Tata

The petition has sought interim relief in the form of restricting the conversion process.

23 Jul 2018 2:17 AM


NCLAT allows lenders to meet and finalise Bhushan Power bid

Vacating its earlier stay, the appellate tribunal has directed the CoC of the company to consider the resolution plans.

20 Jul 2018 12:41 PM

Tata vs Mistry: Court dismisses Cyrus Mistry's plea against Tata Sons

On October 24, 2016, Board of Tata Sons had abruptly removed Cyrus Mistry as its chairman and sought his ouster from other group companies.

09 Jul 2018 11:23 AM

NCLT defers order to July 9 in Tata Sons and Cyrus Mistry case

Mistry claimed that his removal was due to a result of mismanagement by the board's trustees.

04 Jul 2018 5:45 PM

IDFC Bank and Capital First get RBI nod for merger

Earlier in January, the company said its board of directors has approved amalgamation of the three entities with IDFC Bank Ltd.

06 Jun 2018 11:52 AM

Lenders to get 7.6 pc in Electrosteel after Vedanta takeover

Company officials said the shareholder approval and the legal challenge are two separate things which can go parallelly.

03 May 2018 1:51 PM


Promoters may be allowed to bid

The Union Cabinet may take up the proposed ordinance during its meeting scheduled for April 25.

25 Apr 2018 3:00 AM

RIL, JM Financial bid to acquire Alok Industries rejected

The consortium of lenders, led by SBI, is claiming dues of over Rs 23,000 crore from Alok Industries.

15 Apr 2018 7:05 PM

India overtakes Japan to become world’s second largest crude steel producer

At present, China is the largest producer of crude steel in the world, accounting for more than 50 per cent of the production.

05 Apr 2018 9:42 AM

Govt plans to have more National Company Law Tribunal benches

A case is admitted for resolution under the Code only after approval from the NCLT.

04 Apr 2018 8:03 PM

ICICI examines pending insolvency cases in Board meeting

ICICI Bank examined insolvency cases pending before the NCLT under the Insolvency and Bankruptcy Code, 2016.

02 Apr 2018 5:37 PM