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National Company Law Tribunal

Sadananda Maiya-backed firm set to take over Maiyas Beverages

Consumer

15 May, 2019

Sadananda Maiya-backed firm set to take over Maiyas Beverages

A company backed by food entrepreneur Sadananda Maiya is set to take over Maiyas Beverages & Foods Pvt. Ltd, which ......

Premium
NCLT clears JNPT's plan to acquire Dighi Port, rejects Adani plea

Infrastructure

14 May, 2019

NCLT clears JNPT's plan to acquire Dighi Port, rejects Adani plea

A bankruptcy court has approved a resolution plan by government-owned Jawaharlal Nehru Port Trust (JNPT) to buy debt-laden Dighi...

Stressed assets: Essar-ArcelorMittal fight drags on; RCom enters bankruptcy

General

10 May, 2019

Stressed assets: Essar-ArcelorMittal fight drags on; RCom enters bankruptcy

Large insolvency cases saw several twists and turns over the past week as lenders struggled to find investors for resolution ......

NCLT starts bankruptcy process for Reliance Communications

TMT

09 May, 2019

NCLT starts bankruptcy process for Reliance Communications

The National Company Law Tribunal (NCLT) on Thursday admitted Reliance Communications Ltd (RCom) for insolvency and allowed it...

SSG Capital challenges CarVal-Arcil offer to buy Uttam Galva units

Manufacturing

09 May, 2019

SSG Capital challenges CarVal-Arcil offer to buy Uttam Galva units

Hong Kong-based SSG Capital has moved the National Company Law Tribunal (NCLT) against the lenders’ acceptance of Rs 2,500...

Singapore's DBS Bank wants more out of Patanjali's offer for Ruchi Soya

Consumer

08 May, 2019

Singapore's DBS Bank wants more out of Patanjali's offer for Ruchi Soya

Singaporean lender DBS Bank has contested the bankruptcy-resolution plan of Rs 4,350 crore offered by Patanjali Ayurved to buy...

JSW Steel ups bankruptcy-resolution offer for steel products maker Asian Colour

Manufacturing

08 May, 2019

JSW Steel ups bankruptcy-resolution offer for steel products maker Asian Colour

JSW Steel, which had emerged as the lone bidder for Asian Colour Coated Ispat Ltd, has increased its bankruptcy-resolution offer...

Essar Steel's Ruia family challenges ArcelorMittal bid yet again

Manufacturing

07 May, 2019

Essar Steel's Ruia family challenges ArcelorMittal bid yet again

Essar Steel India Ltd’s promoter Ruia family has once again challenged global steel giant ArcelorMittal’s bid for...

India govt sees little scope for Jet Airways revival

Infrastructure

06 May, 2019

India govt sees little scope for Jet Airways revival

India’s government sees little hope of a bidder emerging for debt-laden Jet Airways Ltd, two senior finance ministry officials...

Jaypee Infratech creditors reject Suraksha Realty's offer

Infrastructure

04 May, 2019

Jaypee Infratech creditors reject Suraksha Realty's offer

Creditors to debt-laden Jaypee Infratech Ltd have rejected a bid by a Suraksha Realty-led consortium, giving state-run NBCC (India)...

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