Oct 19, 2019-Saturday

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Saturday, Oct 19, 2019
news about Nclt
Sep 16, 2019 13:41
The Credai, a group of private realtors, said the Rs 10,000 fund will not benefit homebuyers in the projects such as Jaypee Group, Amrapali, Unitech, Unnati Group, 3C Group and Shubhkamna among others, which are facing litigation and have been put into... read more
Sep 15, 2019 00:45
Sitharaman said the government will contribute ~10,000 crore in setting up a special window to provide last-mile funding for unfinished housing projects that haven’t turned into non-performing assets (NPAs) and are not facing proceedings at the National... read more
Sep 09, 2019 13:31
The National Company Law Tribunal admitted and initiated the insolvency proceedings following a plea by one of the flat buyers last month. read more
Aug 30, 2019 11:40
A two-member principal bench, headed by President Justice M M Kumar, admitted a plea filed by five flat buyers who had booked homes in the company’s Lotus Zing project in Noida, Uttar Pradesh. read more
Aug 29, 2019 13:44
Orix Corporation is an equity partner in the group and owns 49% stake in each of these seven operating wind power plants. The seven wind power SPVs include Lalpur Wind Energy, Etesian Urja, Khandke Wind Energy, Retadi Wind Power, Wind Urja Indiae, Tadas... read more
Aug 26, 2019 10:16
Mumbai-based developer Rustomjee Group had emerged as the lone bidder in the first round of bidding.In November 2018, NCLT had admitted insolvency proceedings against Ariisto Developer. read more
Jul 22, 2019 19:03
The National Company Law Appellate Tribunal (NCLAT) reserved its order over exclusion of litigation period from the ongoing Corporate Insolvency Resolution Process (CIRP) of Jaypee Infratech. read more
Mar 08, 2019 18:51
ArcelorMittal, which has been engaged in a drawn-out attempt to acquire Essar Steel since 2017, had made a 420 billion rupee ($5.99 billion) bid for the bankrupt Indian steelmaker. read more
Mar 03, 2019 03:29
This came to light during a conciliation meeting held at the office of the Uttar Pradesh real estate regulatory authority (UP Rera) in Greater Noida. Rera officials, however, said the project is viable and they will explore ways to complete it. read more
Feb 25, 2019 02:50
The Uttar Pradesh real estate regulatory authority held a project-monitoring meeting with Unnati Fortune group allottees during which the latter submitted an application for revival of their cases, after the National Company Law Tribunal (NCLT) stay... read more
Oct 15, 2018 14:19
The NCLAT order came on an urgent petition moved by the ministry of corporate affairs after the Mumbai bench of NCLT had turned down its plea for 90 days moratorium over the loans taken by the IL&FS and its subsidiaries. read more
Sep 13, 2018 18:01
Shivinder’s counsel Ranjana R Gawai said the petition is not withdrawn yet but getting withdrawn because the ailing mother wants to get this matter sorted out within domestic forum through mediation. read more
Aug 09, 2018 13:43
The top court also allowed the Reserve Bank of India (RBI) to direct the banks to initiate separate insolvency proceedings against JIL’s holding company Jaiprakash AssociateS Limited (JAL). read more
Aug 08, 2018 12:25
The appointment of interim resolution professional (IRP) has brought relief to investors as, according to the provisions of the NCLT, the IRP has to resolve the problem of the company in six months from the date of appointment. read more