हिन्दी मराठी বাংলা தமிழ் മലയാളം ગુજરાતી తెలుగు ಕನ್ನಡ ਪੰਜਾਬੀ

NCLT

RCom announces debt revival plan, stock zooms 35%

Announcing the resolution plan, company chairman Anil Ambani told reporters that the new plan has the support of a Chinese lender that had dragged it to the NCLT for dues running into USD 1.8 billion, and would see RCom bringing down its mountain of debt by Rs 25,000 crore.

Dec 26, 2017, 16:16 PM IST

McDonald's dispute: Singhvi writes to CPRL logistics partner to resume supply

CPRL is a 50:50 joint venture between McDonald's India Pvt Ltd (MIPL) and Vikram Bakshi.

Dec 26, 2017, 14:57 PM IST

RCom zooms nearly 36%; other Reliance group stocks also shine

The sharp rise in the stock came amid reports that the National Company Law Tribunal (NCLT) adjourned the hearing of insolvency petitions filed against Reliance Communications to early next month.

Dec 20, 2017, 18:12 PM IST

SC stays government move to take over Unitech

Supreme Court on Wednesday stayed company law tribunal, NCLT, order allowing Centre to take over management of embattled realty firm Unitech Ltd.

Dec 13, 2017, 11:23 AM IST

Unitech case: SC disappointed with Centre for moving NCLT without prior permission

SC was hearing Unitech's appeal challenging the recent order of the NCLT allowing the Centre to take over its management.

Dec 12, 2017, 13:06 PM IST

Unitech shares jump 11% as NCLT allows govt to appoint 10 nominees

Today's rally is the fourth consecutive one for the stock.

Dec 11, 2017, 16:55 PM IST

Unitech moves SC against NCLT oder allowing government takeover

On December 8, the National Company Law Tribunal (NCLT) suspended all the eight directors of Unitech over allegations of mismanagement and siphoning of funds, while authorising the government to appoint its 10 nominees on the board.

Dec 11, 2017, 12:06 PM IST

McDonald's may appoint new partner for north, east India

In August this year, McDonald's had terminated franchise agreement for 169 out of its 430 fastfood outlets operated by Bakshi-led Connaught Plaza Restaurant Ltd (CPRL) in north and east India, alleging breach of contract terms and payment default by the operator.

Dec 10, 2017, 13:51 PM IST

Centre to take over management of Unitech in consumer interest

NCLT has directed government to submit the 10 names by December 20.

Dec 09, 2017, 15:06 PM IST

NCLT suspends Unitech directors, allows govt to appoint 10 nominees

Unitech owes Rs 723 crore to 51,000 fixed deposit holders.

Dec 08, 2017, 15:25 PM IST

Puravankara, Godrej Properties keen in resolution of Amrapali

Investments of thousands of home buyers are stuck due to huge delays by Amrapali group in completion of projects, forcing them to protest and file legal cases in courts.

Dec 07, 2017, 21:07 PM IST

RCom debt restructuring clouded by China Development Bank's insolvency action

RCom, backed by billionaire Anil Ambani, has struggled with its heavy debt load and a string of losses, leading to a partial shutdown of its operations.

Nov 28, 2017, 19:38 PM IST

IBC Ordinance to have no impact on valuation of assets under resolution: SBI chief

The President today gave his assent to the Ordinance amending the Insolvency & Bankruptcy Code, 2016.

Nov 23, 2017, 17:50 PM IST

Insolvency and Bankruptcy Code 2016: Check out gist of the amendments

The IBC became operational in December 2016 and provides for a time-bound insolvency resolution process.

Nov 23, 2017, 16:29 PM IST

President approves ordinance on Insolvency and Bankruptcy Code

The ordinance was approved by the cabinet on Wednesday.

Nov 23, 2017, 13:59 PM IST

Govt to come out with ordinance to tighten insolvency law

The Code, which became operational in December last year, provides a market-determined and time-bound insolvency resolution process. Over 300 cases have already been approved by the National Company Law Tribunal (NCLT) to be taken up under the law, implemented by the corporate affairs ministry.

Nov 22, 2017, 17:00 PM IST