nclt

  1. H

    NCLAT Sets 3-Month Deadline for Future Lifestyle Fashion Insolvency

    New Delhi, April 6 The National Company Law Appellate Tribunal has ordered the completion of the insolvency proceedings for Future Lifestyle Fashion within three months.While rejecting an appeal filed by an operational creditor, a two-member bench has asked the Resolution Professional and the...
  2. H

    Legal Update: NCLAT Dismisses Order Requiring DMRC to Revive Parking Deal

    New Delhi, April 2 In a relief to the Delhi Metro Rail Corporation (DMRC), the appellate tribunal, NCLAT, has stated that DMRC is not bound to revive the concession agreement with Pratibha Industries Ltd (PIL) for a multi-level parking at one of its stations.Earlier, on July 30, 2024, the NCLT...
  3. H

    NCLAT Upholds NCLT's Power to Freeze Demat Accounts in Insolvencies

    NCLAT Upholds NCLT’s Power to Unfreeze Demat Accounts During Insolvency NCLAT Dismisses BSE Appeals on Jurisdiction Issue The National Company Law Appellate Tribunal (NCLAT) has dismissed appeals filed by Bombay Stock Exchange (BSE), affirming that the National Company Law Tribunal (NCLT) has...
  4. H

    Svatantra Microfin Acquires Chaitanya India Fin

    New Delhi, March 23 Svatantra Microfin Pvt Ltd announced on Monday that it has completed its merger with Chaitanya India Fin Credit Pvt Ltd (CIFCPL) and Svatantra Holding Pvt Ltd following approval from the NCLT.The approval for the amalgamation was granted by the National Company Law Tribunal...
  5. K

    NTPC-MAHAGENCO Consortium Completes Acquisition of Sinnar Thermal Power Under IBC

    Sinnar Thermal Power Takeover Finalised Through Insolvency Process New Delhi, February 25: State-owned power major NTPC Ltd on Wednesday announced that a consortium comprising the company and Maharashtra State Power Generation Company Ltd has completed the acquisition of Sinnar Thermal Power Ltd...
  6. K

    NCLT Appoints Two Member Committee to Review Jaypee Infratech Project Progress Under Suraksha Group

    Committee to Assess Construction Status and Address Homebuyers’ Grievances New Delhi, February 16: The National Company Law Tribunal has appointed a two member committee to assess the progress of construction of projects undertaken by Jaypee Infratech Ltd, which is currently controlled by the...
Back
Top