National Company Law Tribunal
Manufacturing
NCLT approves sale of Sirpur Paper Mills to JK Paper
The National Company Law Tribunal on Thursday approved a proposal by paper manufacturer JK Paper Ltd to take over the ......
Finance
Project Sashakt: Will PE investors warm up to the new plan to tackle bad loans?
Indian banks are sitting on a mound of toxic loans--a Rs 10 trillion hazard that could swallow large chunks of ......
People
NCLT dismisses Cyrus Mistry's petition against Tata Sons
The National Company Law Tribunal (NCLT) on Monday dismissed a petition by former Tata Sons chairman Cyrus Mistry who had ......
Manufacturing
Alok Industries' lenders approve resolution plan by RIL, JM Financial ARC
A committee of creditors tasked with examining a bankruptcy resolution plan for textiles company Alok Industries Ltd has approved an ......
General
Bankruptcy resolution or liquidation: How companies admitted to NCLT are faring
The National Company Law Tribunal (NCLT) is grappling with hundreds of cases of debt-laden companies pushed into insolvency proceedings by ......
General
Which sectors top the list of distressed companies facing insolvency?
In June last year, the Reserve Bank of India asked banks to begin bankruptcy proceedings against 12 large loan defaulters. ......
General
India Inc's distress to worsen as 150 more firms face insolvency: Eight Capital
Indian companies with a total debt of at least $85 billion could face insolvency proceedings in coming months as banks ......
General
Stressed assets: UltraTech revises bid for Binani Cement; Videocon faces insolvency
As Indian banks grapple with stressed assets worth nearly $150 billion, various branches of the National Company Law Tribunal (NCLT) ......
Manufacturing
Stressed assets: Tata Steel buys Bhushan Steel; Jaypee, Tecpro face fraud charges
The National Company Law Tribunal’s various branches are monitoring several hundred cases of stressed assets. In the second of a ......
Manufacturing
Stressed assets: Binani battle drags on; Bhushan's door opens for Liberty House
A year ago, on 5 May 2017 to be precise, the government gave greater powers to the Reserve Bank of ......
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