Tag: NCLT

July 4th is the Deadline for Jet Airways Creditors to Show Up with Proof
LimeLight

July 4th is the Deadline for Jet Airways Creditors to Show Up with Proof

SME STREET- June 25, 2019

The airline owes over Rs 8,500 crore to a consortium of 26 banks led by State Bank, and over Rs 13,000 crore to the tens ... Read More

Andhra and Madhya Pradesh Gets Exclusive NCLT Bench
South Zone, Central India

Andhra and Madhya Pradesh Gets Exclusive NCLT Bench

SMEStreet Desk- March 8, 2019

The Government has approved the establishment of two new benches of National Company Law Tribunal (NCLT), one at Amaravati in Andhra Pradesh and the other at ... Read More

IL&FS Ex-Director Seek Clarification on Asset Freeze from NCLT
InFocus, Finance

IL&FS Ex-Director Seek Clarification on Asset Freeze from NCLT

SMEStreet Desk- January 17, 2019

Former directors of IL&FS, except S Rengarajan, the past managing director and chief executive of IL&FS Securities Services, sought clarification from the two-member bench of ... Read More

Creditors Approached NCLT Against ArcelorMittal -Essar Steel Takeover Deal
News, Infrastructure

Creditors Approached NCLT Against ArcelorMittal -Essar Steel Takeover Deal

SMEStreet Desk- November 14, 2018

Orissa Stevedores Ltd, which has Rs 20.46 crore in outstanding dues from Essar Steel, sought a direction to Committee of Essar Steel Creditors "not to ... Read More

Mega Merger of Indian Telecom History is Here, Vodafone & Idea Cellular  Merger Gets NCLT’s Nod
LimeLight, News

Mega Merger of Indian Telecom History is Here, Vodafone & Idea Cellular Merger Gets NCLT’s Nod

SMEStreet Desk- August 31, 2018

NCLT has cleared the mega-merger of Vodafone India and Idea Cellular, paving the way for the creation of India's largest telecom operator worth over USD ... Read More

Allahabad Bank’s NPA Saga Makes Haunting Stories of Worth Rs 12,566 Crore
InFocus, Clusters

Allahabad Bank’s NPA Saga Makes Haunting Stories of Worth Rs 12,566 Crore

SMEStreet Desk- June 12, 2018

"The bank shall primarily focus on aggressive recovery drive, further build-up in CASA (current account and savings account), rebalancing of loan book with focus on ... Read More