Thursday, Jun 30, 2022
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PVR-INOX Merger Gets Clearance From Stock Exchanges

PVR-INOX Merger Gets Clearance From Stock Exchanges

The combined entity will be named PVR INOX Ltd with the branding of existing screens to continue as PVR and INOX

22 June 2022
Supreme Court Adjourns Plea Challenging Notification Fixing Tenure Of Members Of NCLT

Supreme Court Adjourns Plea Challenging Notification Fixing Tenure Of Members Of NCLT

A vacation bench of Justices J K Maheshwari and Hima Kohli asked Solicitor General Tushar Mehta to submit two sets of resolutions of the committee headed by...

15 June 2022

Government Puts Pawan Hans Sale On Hold Over NCLT Order Against Winning Consortium Member

Pawan Hans is a 51:49 joint venture of the government and ONGC. The government had in December last year received three bids for the Pawan Hans sale.

Future Retail's Chief Financial Officer C P Toshniwal Resigns

Future Retail's Chief Financial Officer C P Toshniwal Resigns

Toshniwal's resignation is the recent addition to the string of resignations that started after the Rs 24,713-crore deal was called off last month by the...

14 May 2022

Ashni Biyani Resigns As MD Of Future Consumer

The company, a flagship firm of the Kishore Biyani-led Future Group, now faces an insolvency petition filed by its lenders before the National Company Law...

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13 May 2022
After Biyani & Ambani, Bezos Wages War Against Bank Of India For Future Retail Deal

After Biyani & Ambani, Bezos Wages War Against Bank Of India For Future Retail Deal

NCLT will hear Amazon’s plea on June 6, while last week it had directed FRL to respond to BoI’s bankruptcy charges.  


26 April 2022
Jindal Stainless Steel-JSHL Merger Approved By Shareholders, Creditors

Jindal Stainless Steel-JSHL Merger Approved By Shareholders, Creditors

The two companies convened meetings of their respective shareholders and creditors for approving the Scheme of Arrangement between the two firms


25 April 2022
Yes Bank Files Plea For Insolvency Proceedings Against Zee Learn

Yes Bank Files Plea For Insolvency Proceedings Against Zee Learn

The company said that Yes Bank Ltd has allegedly claimed that the total amount in default with respect to a financial facility is Rs 468 crore.


24 April 2022
Future Lifestyle Fashions Chairperson Shailesh Haribhakti Resigns

Future Lifestyle Fashions Chairperson Shailesh Haribhakti Resigns

Haribhakti had chaired meetings of shareholders and creditors of Future Group entities that were called to vote on the Rs 24,713 crore deal with Reliance...


20 April 2022
Supertech Insolvency Case: Lender Asks Better Settlement Plan, 'Definite Upfront Payment' Of Dues

Supertech Insolvency Case: Lender Asks Better Settlement Plan, 'Definite Upfront Payment' Of Dues

After the NCLT order for insolvency proceedings, the promoters of Supertech Ltd challenged the ruling before the National Company Law Appellate Tribunal...


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28 March 2022
Allegations Made In NCLT Petition Downright Untruthful, Says Max Group Chairman

Allegations Made In NCLT Petition Downright Untruthful, Says Max Group Chairman

According to some media reports, his wife Neelu Analjit Singh has filed a petition before the NCLT alleging "diversion and siphoning” off of funds by her...


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