tribunal

New Delhi, The National Company Law Tribunal (NCLT) has ordered initiation of insolvency resolution proceedings against Simbhaoli Sugars Limited on a petition filed almost six years ago.The petition was filed in September 2018 by erstwhile Oriental Bank of Commerce, which has now merged with...

Mumbai (Maharashtra) [India], Chief Justice of India DY Chandrachud on Thursday inaugurated the new premises of the Securities Appellate Tribunal (SAT) at Mittal Court in Mumbai and highlighted the importance of the Securities and Exchange Board Securities of India (SEBI) and SAT amid rises in...

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: Two judicial tribunals headed by a judge of the Delhi High Court have given their approval to the government's decision to declare two Jammu and Kashmir-based pro-Pak groups, including Syed Ali Shah Geelani's Tehreek-e-Hurriyat, as pro-Pakistan. . Banned organization.The outlawing...

New Delhi: Former Dewan Housing Finance (DHFL) promoter Kapil Wadhawan has moved the appellate tribunal NCLAT to challenge the NCLT order initiating personal insolvency proceedings against him.Wadhawan has challenged the earlier order passed by the Mumbai bench of the National Company Law...

New Delhi, Lenders of Jaiprakash Associates Ltd (JAL) on Monday expressed concern over the indebted group's one-time arrangement (OTS) proposal and said they were not convinced with it.During the proceedings before the NCLAT, the lenders' lawyers said that the insolvency plea was filed against...

New Delhi: A tribunal constituted under the Unlawful Activities (Prevention) Act (UAPA) on Saturday confirmed the Centre's decision to impose a five-year ban on Muslim League Jammu Kashmir (Masrat Alam faction) and Tehreek-e-Hurriyat, Jammu. . And Kashmir.A one-member tribunal comprising Delhi...

New Delhi: The National Company Law Tribunal (NCLT) on Thursday deferred the matter regarding the plea of ​​Hinduja group company IIHL to extend the deadline to complete the resolution of Reliance Capital till June 25.IndusInd International Holdings Limited (IIHL), the financial services arm...

LONDON: An Indian-origin lawyer has been suspended from practicing as a lawyer for two years after a disciplinary tribunal concluded that his misconduct in having sexual relations with junior female colleagues at a UK law firm outweighed his seniority. And there is abuse of position of...

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: The National Company Law Tribunal (NCLT) has barred edtech firm and Byju's brand parent Think & Learn from proceeding with the rights issue that started on May 11, effectively halting the process to maintain the status quo.The Bengaluru bench of NCLT, in an order dated June 12, also...

New Delhi: The National Company Law Tribunal (NCLT) has issued a notice to SpiceJet on the insolvency petition filed by the debt-ridden air carrier's aircraft engine lessor Engine Lease Finance BV.A single-member NCLT bench has asked SpiceJet to file a reply on the Engine Lease Finance (ELF)...

New Delhi: The National Company Law Tribunal (NCLT) will hear on June 20 the plea of ​​Hinduja group company IIHL to extend the deadline to complete the resolution of Reliance Capital.IndusInd International Holdings Limited (IIHL), the financial services arm of Anil Ambani Group, is the...

New Delhi: The National Company Law Tribunal (NCLT) has granted a 60-day extension to grounded air carrier Go First to complete the insolvency process.This is the fourth extension of Go First, which is struggling to find a buyer, to complete the corporate insolvency resolution process (CIRP)...

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: 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: The suspended board of debt-laden Jaiprakash Associates has moved the appellate tribunal NCLAT, challenging last week's NCLT order directing it to initiate insolvency proceedings against the company.The petition was listed before a vacation bench of the National Company Law...

New Delhi, The Insolvency and Bankruptcy Board of India (IBBI) has issued a new set of guidelines to streamline the process of appointing insolvency professionals (IPs) as interim resolution professionals, liquidators and insolvency trustees.Under the new guidelines issued on June 5, a panel...

New Delhi: The National Company Law Tribunal (NCLT) on Monday accepted the petition filed by private lender ICICI Bank and directed initiation of insolvency proceedings against debt-ridden Jaiprakash Associates Ltd.Jaiprakash Associates Limited (JAL), the flagship firm of the Jaypee Group, is...