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national company law tribunal news


NCLT orders insolvency proceedings against Zee’s Subhash Chandra

Subhash Chandra launched Zee Entertainment, considered to be the pioneer of television entertainment industry in India, in 1992.
Published on Apr 22, 2024 10:17 PM IST

GoFirst's last stand: Understanding airline insolvency in India

Go first airlines (Representative Photo)
Published on Apr 13, 2024 08:55 PM IST

NCLT can release properties attached by ED, rules Bombay HC

ED had approached the high court challenging the NCLT Mumbai’s order dated April 28, 2023. (File photo of Bombay HC | Mumbai Tourism)
Published on Mar 04, 2024 04:54 PM IST

ZEEL makes another attempt to save $10 billion merger with Sony Group

Sony called off its merger with ZEEL last week (Reuters)
Published on Jan 30, 2024 10:56 PM IST

NCLT notice to Byju’s over 158 crore BCCI dues

A man walks past an advertising hoarding of Byju's, an Education Technology company and one of India's biggest startup, outside one of its branches in New Delhi
Updated on Dec 05, 2023 09:22 AM IST

Don’t order re-valuation of assets of corporate debtors casually: SC to NCLT

In its judgment, the top court noted that there was no justification for the NCLT to order a re-valuation. (File photo)
Published on Nov 22, 2023 11:14 AM IST

NCLT directs Go First to submit report on aircraft maintenance

Go first airlines (Representative Photo)
Published on Aug 04, 2023 07:53 PM IST

Bankruptcy proceedings against Nitin Desai’s company

Navi Mumbai, India - Aug. 2, 2023:Nitin Chandrakant Desai was found dead hanging in his studio, ND Studio at Karjat in Raigad district of Maharashtra State on 02/08/2023. in Navi Mumbai, India, on Wednesday, August 2, 2023. (Photo by Bachchan Kumar/ HT PHOTO) (HT PHOTO)
Updated on Aug 03, 2023 12:59 AM IST

Arbitration law needs to tackle a key concern

The A&C Act can offer a broad definition of the term commercial to include investment (Getty Images/iStockphoto) )
Published on Jul 31, 2023 10:29 PM IST

Ghost town gets new lease of life

The township, a four-hour ride away from Mumbai, was modelled on the lines of the cotton-candy harbour of Italy’s Portofino. (Sanket Wankhade/HT PHOTO))
Updated on Jul 30, 2023 01:09 AM IST

Tribunal nod for Purvanchal Group to take over Lotus Arena project

There are a total of 1,080 flats in the project of which 858 have been sold in nine towers, which are partially constructed. The remaining units are unsold in this project, said officials. (Representative Image)
Updated on Jul 20, 2023 12:03 AM IST

Signia Pearl homebuyers move NCLT for recovery of society dues

Signia Pearl homebuyers move NCLT for recovery of society dues
Updated on Jun 27, 2023 07:12 AM IST

NCLT reserves order on Go First’s plea for interim moratorium, bankruptcy

Go First filed for insolvency resolution proceedings in the National Company Law Tribunal (NCLT) on Tuesday (Representative Photo)
Updated on May 04, 2023 07:12 PM IST

Yeida to meet Suraksha Group in a month to iron out farmer compensation issue

The meeting was called after the National Company Law Appellate Tribunal (NCLAT) directed both parties to resolve the compensation issue. (Photo for representation)
Updated on Apr 27, 2023 11:59 PM IST

Noida admin seals Supertech Group’s office over dues

Three floors have been sealed at the Supertech Group’s Sector 96 office in Noida. (HT Photo)
Updated on Apr 20, 2023 12:02 AM IST

Govt to mediate between realtors, buyers to settle real estate disputes

India passed an updated law, the Consumer Protection Act, 2019, which provides for a three-tier quasi-judicial mechanism to redress consumer disputes -- district, state commissions and national commissions. (HT)
Updated on Apr 18, 2023 12:29 AM IST

NCLT can deal with the problem of struck-off companies

Constituted under the Companies Act 2013, NCLT was initially established to adjudicate on corporate disputes under the Act but was later saddled with additional caseload arising from cases of bad debt under the Insolvency and Bankruptcy Code, 2016 (IBC).
Published on May 11, 2024 12:21 PM IST

Zee approaches NCLAT, seeks more time to respond

The unfolding corporate battle at Zee began after Invesco approached NCLT to direct the company’s board to hold an extraordinary general meeting to remove managing director and chief executive Punit Goenka as a director.
Published on Oct 07, 2021 07:44 AM IST

NCLT orders freeze on accounts, assets of Videocon group

The ministry had approached the Mumbai bench against Venugopal Dhoot and other former directors and senior officials of Videocon Industries Ltd under Section 241 and 242 of the Companies Act
Published on Sep 01, 2021 07:15 AM IST

Srei lenders weigh forensic audit of two group firms

The Kolkata bench of the National Company Law Tribunal had set two dates for creditor meetings on December 16 and 23, meant to ratify the proposal to transfer assets between two Srei firms.
Updated on Dec 18, 2020 06:40 AM IST

Fresh plea in NCLT seeking liquidation of two closed paper mills in Assam

The Nagaon Paper Mill of the Hindustan Paper Corporation Limited has been shut since March 2017.
Published on Sep 20, 2020 08:21 PM IST

DHFL case: Auditor flags fraudulent transactions worth Rs 17,394 cr

Application has been filed with the NCLT, Mumbai against 87 respondents, including Kapil Wadhawan, Dheeraj Wadhawan, Township Developers India Ltd, Wadhawan Holdings Private Limited, Dheeraj Township Developers Private Limited, Wadhawan Consolidated Holdings Pvt Ltd and certain others entities as reported by the transaction auditor.
Updated on Sep 03, 2020 10:14 AM IST

Telecoms get 10 years to repay AGR dues: 10 things to know about the case

Telecom firms now need to clear their adjusted gross revenue (AGR) dues in a staggered manner over the next 10 years.
Updated on Sep 01, 2020 04:13 PM IST

Reliance Communications insolvency rescue plan hits DoT hurdle

A man talks on a mobile phone in front of an advertisement for Reliance Communications.
Updated on Aug 20, 2020 06:02 AM IST

LIT exploring alternative project at city centre site

HT Image
Updated on Jan 17, 2020 12:16 AM IST

Supreme Court notices Centre on petition against IBC clause

The code, which was amended last year, said the case could be filed only if 100 or 10 percent of the home buyers of the project concerned come together.
Updated on Jan 13, 2020 12:52 PM IST

How tweaks in IBC and partial credit guarantee scheme affect real estate sector

The Union Cabinet on Wednesday approved key amendments to the Insolvency and Bankruptcy Code (IBC) Bill. (Photo by Sunil Ghosh / Hindustan Times)
Updated on Dec 12, 2019 11:49 AM IST

Realtor who leased riverfront bungalow to Chandrababu Naidu goes bankrupt

The riverfront bungalow in Amravati that Lingamaneni Estates and Projects Private Limited (LEPL) leased to Telugu Desam Party president and former chief minister of Andhra Pradesh N Chandrababu Naidu.
Updated on Nov 19, 2019 05:55 AM IST

Government unveils Rs 70,000cr boost to exports, housing

The projects would be “net worth positive in affordable and middle income category”, and contributions of “roughly same amount” will come from outside investors, she said.
Updated on Jun 29, 2020 10:21 PM IST
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