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Banks draw list of 11 power projects for NPA resolution

Total exposure in these firms that will soon go to NCLT is Rs 60,000 crore.

07 Sep 2018 8:57 AM

NCLT issues notices to Malvinder; directs status quo over RHC Holdings

The tribunal also directed Malvinder Singh and other respondents to file their replies within 10 days.

06 Sep 2018 2:27 PM

Another ‘ugly chapter of family feud’: Shivinder moves NCLT against Malvinder

Shivinder said actions of his brother led to a systemic undermining of the interests of firms.

05 Sep 2018 9:02 AM

PNB eyes IBC route for Rs 6,000 crore power NPA recovery

PNB will go for the NCLT route of recovery rather than debt restructuring with companies.

29 Aug 2018 9:22 AM

Bankers burning midnight oil to resolve Rs 3.8 tn NPAs before deadline

The circular came into effect on March 1 and the 180-day deadline concludes on August 27.

26 Aug 2018 1:42 PM

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Ruchi Soya up 5 pc as lenders approve Adani Wilmar's Rs 6,000-cr bid

Adani Wilmar's bid was approved by the committee of creditors (CoC) with about 96 per cent votes in its favour.

24 Aug 2018 12:27 PM

Banks set to come out of PCA framework this year

As many as 11 out of 21 banks are under the watch list of the Reserve Bank of India (RBI).

17 Aug 2018 8:54 AM

NCLAT to hear Mistry plea tomorrow against NCLT order

Mistry, who was the sixth chairman of Tata Sons, was ousted from the position in October 2016.

07 Aug 2018 5:36 PM

Tata, Mistry feud: Chairman doesn’t enjoy a free hand, says NCLT

Mistry family is the single largest non-promoter shareholders of the Tata Group with over 18.3 per cent stake.

13 Jul 2018 8:59 AM

Tata Sons welcomes NCLT verdict, Cyrus Mistry to challenge ruling

Mistry's office described the ruling as "disappointing although not surprising".

09 Jul 2018 2:29 PM

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Cyrus Mistry to appeal against NCLT order

Under the Companies Act 2013, an order of NCLT can be challenged before the National Company Law Appellate Tribunal.

09 Jul 2018 12:54 PM

Shares of Tata group cos see mixed trends after NCLT ruling

TCS fell over one per cent to Rs 1,890.30, while Tata Motors rose nearly two per cent to Rs 275.85 on the BSE.

09 Jul 2018 12:16 PM

UBI expects Rs 3,000 crore recovery from NCLT resolutions

Altogether 40 cases were referred to the NCLT of which Rs 580 crore had already been recovered by the bank.

06 Jul 2018 6:24 PM

NSE imposes Rs 1 crore penalty on Electrosteel Steels

The penalty was imposed for non-compliance with Regulation 33 of the LODR Regulations.

06 Jul 2018 1:32 PM

NCLT admits Videocon case; Dhoot says banks to recover 80 pc debt

Company in April had approached NCLT requesting it to direct all insolvency cases filed by its lenders to be heard together.

07 Jun 2018 9:00 AM

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Electrosteel allots shares worth Rs 7,400 crore to lenders

The company had yesterday spelled out steps to be taken for completion of its takeover by Vedanta Star Ltd.

06 Jun 2018 1:50 PM

RCom plea against insolvency to be heard by NCLAT on Tuesday

Ericsson had alleged that it had not been paid the dues.

28 May 2018 1:52 PM

NCLAT admits banks' petition over Jaypee land

The bench fixed July 13 as the next date of hearing.

24 May 2018 2:08 PM

NCLAT asks resolution professional, NCLT to hold order on Essar Steel

NCLAT would conduct daily hearing from July 23 on the matter.

22 May 2018 4:04 PM

RCom Unlikely to reach a settlement

This will enable Reliance Communications to exit the NCLT process,” said RCom.

19 May 2018 2:08 AM

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