NCLAT
Infrastructure
Dighi Port promoter to move SC as appeals tribunal okays Adani takeover plan
Adani group firm has received clearance from a bankruptcy appeals tribunal to acquire Dighi Port Ltd, whose promoter now plans ......
Infrastructure
Ansal Properties asks appeals tribunal to reverse insolvency proceedings verdict
Ansal Properties and Infrastructure Ltd has said it has challenged the initiation of insolvency proceedings in an appeals tribunal. The move ......
Manufacturing
JSW Steel's purchase of Bhushan Power suspended, pending probe into ex-owners
In a setback for JSW Steel, a bankruptcy appeals tribunal has held back its payment of Rs 19,700 crore to ......
Manufacturing
NCLAT ruling moves ArcelorMittal a step closer to Essar Steel takeover
An Indian court rejected on Thursday a petition challenging ArcelorMittal SA's proposed takeover of debt-ridden Essar Steel, removing a hurdle in ......
Finance
Stressed assets this week: Nirav Modi firms head to NCLT; reprieve for Sterling Biotech
There was plenty of action at the bankruptcy courts this week, with breakthroughs achieved in a couple of cases that ......
Healthcare
NCLAT stays liquidation of Sterling Biotech
The National Company Law Appellate Tribunal (NCLAT) has stayed the order of a lower bankruptcy court which had referred debt-laden ......
Manufacturing
NCLAT okays Maruti Ferrous' modified plan for buying Sunil Ispat
Maruti Ferrous Pvt. Ltd’s plan to acquire bankrupt Sunil Ispat and Power has been okayed by the National Company Law ......
Healthcare
Stressed assets this week: Jet, Orchid Pharma and Aircel in focus
With the insolvency courts in recess, activity in the stressed assets segment was slightly subdued in the week gone by. ......
Finance
Sterling Biotech faces liquidation; lenders, promoters may challenge NCLT ruling
In a setback for the lenders of Sterling Biotech, the Mumbai bench of the National Company Law Tribunal (NCLT) has ......
Consumer
McDonald's India and Vikram Bakshi to settle five-year dispute out of court
McDonald’s India Pvt. Ltd, the Indian subsidiary of the US fast food chain, and its estranged local partner Vikram Bakshi, ......