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Mantra Group gets NCLT approval to revive stalled project in Mumbai's Worli

Pune-based Mantra Group has acquired a stalled real estate project in Mumbai's Worli with an estimated development potential of <span class='webrupee'>₹</span>2,000 crore. (Picture for representational purposes only)

Updated 37 days ago

Plea challenging appointment of NCLT’s acting president infructuous: Delhi HC

Justice Grewal was appointed as NCLT President for a term of five years or until attaining the age of 67 years, whichever is earlier. (Representative file photo)

Published 95 days ago

Plea against NCLT acting president appointment infructuous: Delhi HC

Plea against NCLT acting president appointment infructuous: Delhi HC

Published 95 days ago

Supreme Court flags ‘grim’ state of NCLT, cites poor functioning

The Supreme Court on Wednesday expressed its displeasure over the state of affairs in national company law tribunals

Updated 95 days ago

NCLT allows withdrawal of insolvency proceedings against ATS Knightsbridge

ATS Knightsbridge is a luxury housing project coming up in Noida.

Updated 133 days ago

NCLT appoints panel to assess Jaypee Wish Town projects

On Sunday, Suraksha Group’s CEO, Abhijit Gohil, told HT, “We will inform the committee that we’ve given possession of around 3,000 flats so far, and an additional 3,000 flats will be handed over. We’re working on the ground as per the resolution plan submitted.” (HT Photo)

Published 168 days ago

Stalled Mumbai redevelopment project revives as MHADA lifts stop-work notice

Mumbai real estate update: MHADA has lifted the stay on the redevelopment of the Majaswadi Sarvodayanagar Co-operative Housing Society in Jogeshwari. (Picture for representational purposes only)

Updated 184 days ago

Curtains on ‘historic’ NSEL fraud case, NCLT okays 1,950-cr settlement

(Shutterstock)

Published 247 days ago

EOW books four persons in ₹90-crore scam Provogue liquidation case

EOW books four persons in <span class='webrupee'>₹</span>90-crore scam Provogue liquidation case

Published 256 days ago

NCLT office shuts courts on ‘unsafe’ 8th floor

The NCLT oversees commercial disputes worth hundreds of crores every day.

Published 332 days ago

Quashing of insolvency order sought: NCLAT likely to decide on Ansal API homebuyers’ plea today

According to an FIR lodged by the LDA at Gomti Nagar police station, the developer sold the land mortgaged with LDA illegally and did not carry out any development work. (FOR REPRESENTATION)

Published 392 days ago

CBI lays trap and nabs NCLT deputy registrar in bribery case

CBI lays trap and nabs NCLT deputy registrar in bribery case

Published 430 days ago

Ansal API’s bankruptcy plea leaves plot owners in the lurch

Many investors accused company officials of deceptive sales tactics (For representation only)

Published 517 days ago

CM for FIR against Ansal group in all dists where buyers duped

Chief minister Yogi Adityanath on (HT File Photo)

Published 517 days ago

NCLAT rejects plea to keep Byju's-BCCI settlement outside creditor purview

Byju's crisis: BYJU'S owner Byju Raveendran photo is seen on his company web page in this illustration.

Published 529 days ago

NCLT terminates insolvency resolution process against Logix Infra

The February 6 order also termed all decisions taken by resolution professional Pawan Kumar Goyal after his appointment as “null and void”. (Sunil Ghosh/HT Photo)

Published 539 days ago

NCLT attack video conference network hacked to play obscene videos in court rooms

NCLT attack video conference network hacked to play obscene videos in court rooms

Updated 590 days ago

No political appointments in NCLT, NCLAT: SC

Supreme Court building in New Delhi on Thursday. (HT)

Updated 633 days ago

Jagan Mohan Reddy vs YS Sharmila over shares: 'No love left between siblings'

Jagan alleged that the transfer of shares took place without fulfilling legal obligations.

Published 648 days ago

Ashneer Grover withdraws oppression, mismanagement plea against BharatPe board

Ashneer Grover, the co-founder and former managing director of BharatPe has now withdrawn his plea from the National Company Law Tribunal (NCLT), in which he had alleged oppressive conduct and mismanagement by the firm's board

Published 653 days ago

NCLAT rejects state tax claim on Reliance Communications filed after insolvency

Corporate Insolvency Resolution Process (CIRP) against RCom was initiated on June 22, 2019. The state tax department had filed two claims

Published 681 days ago

NCLT recalls order on Zee-Sony merger, allows withdrawal of scheme

Sony and Zee logos are seen in this illustration taken January 30, 2024.

Published 687 days ago

NCLT revives Lavasa City insolvency, dismisses resolution application of Darwin Platform

Lavasa Hill City at Mulshi taluka of Pune district was formed as a private corporation by investors to build and manage a hillside resort. However, the project bombed after completing a fifth of its first phase with liabilities mostly owing to financial institutions. (REPRESENTATIVE PHOTO)

Updated 688 days ago

Rakesh Wadhawan accuses resolution professional of cheating

HT Image

Updated 691 days ago

Go First insolvency case: Promoters asked to reply on liquidation in 3 weeks

NCLT directs Go First's suspended board to reply in three weeks about liquidation proceedings, following the Committee of Creditors' majority vote. Previous efforts to find a buyer have failed, leading to this action.

Published 697 days ago

IIHL failed to deposit ₹2,750 crore as contribution for Reliance Capital buy

Reliance Capital had a debt of over <span class='webrupee'>₹</span>40,000 crore, and IIHL and Torrent Investments participated in the resolution process.

Published 728 days ago

Byju's goes under insolvency: What happens to employees? Can they recover dues?

Around 160-200 former employees of Byju’s who were laid off due to falling revenues had complained to the Karnataka labour commissioner that their full settlement was not yet made. (Bloomberg)

Published 746 days ago

Byju’s crisis: BCCI plea seeking insolvency proceeding against firm admitted

Updated 748 days ago

NCLT tells Byju's to pay salaries or face audit: ‘You should be having revenues’

Updated 760 days ago

Noida authority sends notice to developers with pending projects in NCLT

As per the norms of the state government policy, which was announced on December 21, 2023, if a company is facing trial in NCLT, it cannot take benefit of this policy. (HT Photo)

Updated 772 days ago

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