NCLT allows BPCL arm to acquire Videocon Oil Ventures Brazil assets
The Mumbai bench of the National Company Law Tribunal (NCLT) has allowed Bharat Petro Resources Limited (BPRL) Ventures BV to...
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NCLAT asks ICICI to consider OTS proposal in Jaiprakash Associates case
Insolvency appellate tribunal NCLAT has issued a notice to ICICI Bank over the plea of Jaiprakash Associates Ltd and said...
NCLAT rejects YEIDA plea; upholds Jaypee Infratech resolution plan
The National Company Law Appellate Tribunal (NCALT) has paved the way for Suraksha Realty to implement its resolution plan for...
NCLAT sends Sarda Energy & Minerals resolution plan for SKS Power Generation to NCLT for reconsideration
A bench comprising of Justice (Retd) Ashok Bhushan, Chairperson, and Arun Baroka, Member (Technical) of the National Company Law Appellate...
Indian Overseas Bank to sell Rs 13,500 crore NPA loans
Chennai-based Indian Overseas Bank has planned to sell 92 NPAs loan accounts collectively amounting to an aggregate book outstanding of...
REC drags RattanIndia Power to insolvency court
New Delhi-based RattanIndia Power Ltd is in trouble with one of its financial creditors – government-owned REC Ltd -- moving...
NCLAT paves way for Kalrock-Jalan to take control of Jet Airways
In a big relief to the Kalrock-Jalan Consortium, the successful resolution applicant (SRA) for Jet Airways, the National Company Law...
ED attaches Rs 367 crore worth properties of Bhushan Steel
The Enforcement Directorate on Friday attached movable and immovable properties worth Rs 367 crore of Bhushan Steel under the provisions...
Rs 16 lakh PA average salary of 3rd batch of Graduate Insolvency Programme
The third batch of the Post Graduate Insolvency Programme (PGIP) received an average package of Rs 16 lakh a year,...
NCLT approves Rs 9,661 cr IIHL resolution plan for Reliance Capital
The Mumbai bench of the National Company Law Tribunal (NCLT) has approved the Rs 9,661 crore resolution plan submitted by...