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Essar Steel promoters, however, wanted the CoC to consider their offer as it offered maximum value to all stakeholders and cannot be ignored citing some process lacunae.

NCLAT rejects Ruia's bid to block ArcelorMittal; approves bid for...

Essar Steel was auctioned under the new IBC to recover Rs 54,547 cr of unpaid dues of financial lenders and operational...

5 July 2019 9:09 AM IST

NCLAT has directed the resolution professional, committee of creditors and NCLT not to pass any order in the matter related to insolvency resolution of Essar Steel.

NCLAT clears ways for takeover of Essar Steel by ArcelorMittal

Total claims of financial and operational creditors stand revised to Rs 69,192 crore.

4 July 2019 3:36 PM IST

Being the first baby to be born in-flight for the airline, Jet Airways has offered him a free lifetime pass for all his travels.

NCLAT asks Jet lenders if they would cooperate with Dutch court...

The NCLAT has asked to list the matter on September 4 for further hearing.

21 Aug 2019 3:19 PM IST

Bank of Baroda on Tuesday said its loan account to debt-laden Infrastructure Leasing and Financing Services (IL&FS) continues to remain standard at present.

NCLAT refuses interim relief to Deloitte, BSR Associates in IL&FS case

NCLT Mumbai will continue its scheduled hearing in the case of their alleged role in the IL&FS fraud matter, the bench...

20 Aug 2019 7:04 PM IST

File photo of a Jet Airways flight.

NCLAT allows Dutch court administrator to attend Jet Airways CoC...

One of the Jet Airways aircraft, parked in the Schiphol Airport in Amsterdam, has already been seized.

26 Sept 2019 12:30 PM IST

NCLAT on Wednesday denied any interim relief to Vikram Bakshi on his plea seeking a stay on termination of franchise agreement by McDonalds. Photo: PTI

NCLAT orders review of McDonald's-Vikram Bakshi settlement

The appellate tribunal was hearing an intervention plea by HUDCO, claiming dues of Rs 195 crore from Bakshi.

19 Sept 2019 8:58 AM IST

JSW Energy has diversified businesses in carbon steel, power, mining, industrial gases, port facilities, cement and information technology sectors.

Bhushan Power case: NCLAT to hear JSW Steel's plea on Oct 14

NCLAT will decide over the payment of Rs 19,350 crore by JSW Steel of Bhushan Power & Steel on hearing on Oct 14.

16 Sept 2019 1:53 PM IST

In a significant development in the ongoing war against bank fraud, Dubai authorities have reportedly arrested Nitin Sandesara, one of the co-accused in the Sterling Biotech loan fraud case amounting to Rs 5,383 crore.

ED needs to be satisfied over dues payments made by Sterling...

NCLAT also said the promoters will have to settle their case with the creditors within a specified period.

6 Sept 2019 6:11 PM IST

Sources at the National Aviators Guild (NAG), the pilots union of Jet Airways, said the bond requirement has been communicated to the junior pilots. (Photo: Representational/PTI)

NCLAT asks Jet Airways IRP to cooperate with Dutch Court Administrator

The Dutch Court Administrator has also agreed before NCLAT not to sell the confiscated assets of debt-ridden Jet...

4 Sept 2019 3:36 PM IST

The CoC rejected the bids of Suraksha Realty and NBCC in the second round held in May-June this year.

SC seeks revised plan from NBCC on completing stalled Jaypee group...

A bench of justices A M Khanwilkar and Dinesh Maheshwari issued notice to NBCC and sought its reply by September 5.

3 Sept 2019 7:17 PM IST

The financial creditors would vote for the second time on the resolution plan for Jaypee Infratech.

SC seeks NBCC response on completing stalled Jaypee group projects

The bench posted the matter for further hearing on Thursday and extended the status quo order till then.

3 Sept 2019 1:18 PM IST

Tata-Mistry case: SC stays NCLAT order rejecting RoC please seeking...

The apex court said it would hear the matter along with the main plea filed by Tata Sons against NCLAT's verdict.

24 Jan 2020 12:07 PM IST