nclat

New Delhi: The Yamuna Expressway Industrial Development Authority (YEIDA) has withdrawn its appeal before the insolvency appellate tribunal NCLAT against an NCLT order approving Ace Infracity's bid for Three C Homes.The development comes after YEIDA accepted Ace Infracity Developers' proposal...

New Delhi, Multiplier Brand Solutions has moved the NCLAT against the National Company Law Tribunal order which had dismissed its bankruptcy petition against Amazon Wholesale (India).A three-member NCLAT bench, also including Chairman Justice Ashok Bhushan, on Thursday directed to list the...

New Delhi: Insolvency appeals tribunal NCLAT on Wednesday said it will await lenders' decision on a revised settlement offer from Supertech Realtors, which is developing a residential apartment, offices, retail shops and luxury hotels in its Supernova project.NCLAT also directed the Interim...

New Delhi: Jaiprakash Associates Ltd (JAL) lenders led by ICICI Bank on Wednesday rejected the revised single deal proposal, in which the indebted group had offered a higher down payment and sales of its cement assets.During a hearing before the insolvency appellate tribunal NCLAT, senior...

New Delhi: The National Company Law Appellate Tribunal (NCLAT) has directed NCLT to hear afresh the insolvency petition filed by APL Apollo Tubes against one of its goods buyers.A two-member bench came down heavily on the Bengaluru bench of the National Company Law Tribunal (NCLT) for...

New Delhi: Jaypee Infratech Ltd, now controlled by Mumbai-based Suraksha Group, has appointed Devang Praveen Patel as its chief financial officer (CFO) and will also delist its shares from stock exchanges.According to the recent regulatory filing, the appointment has been made effective June...

New Delhi, Suraksha Group has infused equity fund of Rs 125 crore in Jaypee Infratech Ltd as part of its resolution plan to repay bank dues and complete around 20,000 incomplete flats in Delhi NCR, which it acquired through the insolvency process. Is.Earlier this month, the Mumbai-based...

New Delhi: Bankruptcy appellate tribunal NCLAT has asked ICICI Bank to consider a one-time settlement offer from bankrupt Jaiprakash Associates Ltd (JAL) to repay its outstanding loans.JAL has challenged the order of the National Company Law Tribunal (NCLT), Allahabad, to initiate insolvency...

New Delhi: Insolvency Appellate Tribunal NCLAT has issued notice to ICICI Bank on the plea of ​​Jaiprakash Associates Limited and said that the private sector lender can consider the one-time settlement proposal submitted by the debt-ridden company by the next date of June 24. Hearing.During...

New Delhi, Mumbai-based Suraksha Group, which recently took control of debt-ridden realty firm Jaypee Infratech through the insolvency process, will pay around Rs 133 crore to the Yamuna Expressway Industrial Development Authority within three months as additional compensation. Will pay the...

New Delhi, In a major relief to over 20,000 homebuyers, Suraksha Group has taken control of debt-ridden realty firm Jaypee Infratech by forming a three-member board and is planning to soon start construction of stalled residential projects. Will invest Rs 125 crore equity fund for this...

New Delhi, In a major relief to over 20,000 homebuyers, Suraksha Group has acquired debt-ridden realty firm Jaypee Infratech by forming a three-member board and is likely to soon start construction of stalled housing projects across Delhi. Will invest Rs 125 crore equity fund for this. -NCR...

New Delhi: Jet Airways' successful bidder Jalan Kalrock Consortium (JKC) on Tuesday withdrew its plea before the NCLAT to transfer Rs 200 crore it had paid to the lenders into an escrow account.The withdrawal comes after the National Company Law Appellate Tribunal (NCLAT) refused to grant any...

New Delhi: Insolvency appellate tribunal NCLAT has upheld its order approving Aden Goodhomes' resolution plan for realty firm Radius Estate with a 93 per cent haircut to creditors.A two-member bench headed by the NCLAT Chairperson dismissed the petitions of two dissenting financial creditors...

New Delhi, Insolvency appellate tribunal NCLAT on Friday upheld Suraksha Realty's bid to acquire debt-ridden Jaypee Infratech, but asked it to pay an additional Rs 1,334 crore as compensation to farmers - various from the development. More than 20,000 home buyers facing genuine problems are...

New Delhi, Insolvency Appellate Tribunal NCLAT on Friday postponed to July 5 the hearing on petitions filed against tech giant Google regarding its Play Store billing policy.A two-member National Company Law Appellate Tribunal (NCLAT) bench, after a brief hearing on the petitions, directed the...

New Delhi: Insolvency appellate tribunal NCLAT on Friday upheld Suraksha Realty's bid to acquire debt-ridden Jaypee Infratech Ltd, but asked it to pay an additional amount of about Rs 1,300 crore as compensation to farmers.Upholding the National Company Law Tribunal (NCLT) judgment of March...

New Delhi: Appellate tribunal NCLAT has rejected SBI's arguments opposing the liquidation value of ITPCL offered by the debt-laden company's lead banker PN and said the country's largest lender is not entitled to liquidation value of IL&FS group's thermal Power cannot "end" the company's debt...