HDFC expects the merger process to be effective from the third quarter of the next financial year as the RBI approvals are a lengthy process
The Corporate Insolvency Resolution Process (CIRP) against JIL started in August 2017 over an application filed by an IDBI Bank-led consortium
A two-member bench of the Mumbai NCLT said the application made by the financial creditor Yes Bank is complete in all respects as required by law
The other secured lenders of the company are Union Bank of India, Bank of Baroda, Exim Bank and Indian Overseas Bank, among others
In volume terms, 7.12 lakh shares of the firm were traded on the BSE and over 2.32 crore shares on the NSE during the day
Ahmedabad-based Torrent Group is offering to pay the entire bid amount of Rs 8,640 crore as upfront cash
As per the NCLAT cause list, the matter between JAL and JIL is scheduled for hearing on Tuesday before a two-member bench of the National Company Law Appellate Tribunal (NCLAT)
IDBI Bank has claimed an amount of Rs 149.60 crore, which has been disputed by ZEEL, said a regulatory update from the media major
A bench of Chief Justice Satish Chandra Sharma and Justice Subramonium Prasad said that the authorities shall also comply with the undertakings given by them.
The shareholder meeting will be convened on November 25, 2022 for the purpose of considering and approving the Scheme of Amalgamation, HDFC said in a...
While strict tribunal judges have become stricter following instances of dereliction of duties by Interim Resolution Professionals, the latter claim they waste...
Passing an order, the Mumbai bench of the NCLT had on August 24 directed to call a meeting of the equity shareholders of Zee Entertainment to consider the...
JSW Energy on Tuesday said the National Company Law Tribunal has approved its proposal to acquire Ind-Barath Energy (Utkal) Ltd which is developing a 700 MW...
The top court said if a corporate debtor opposes the initiation of insolvency proceedings on the ground that it has a money award in its favour and the awarded...
Touted as the biggest transaction in India's corporate history, HDFC Bank on April 4 agreed to take over the biggest domestic mortgage lender in a deal valued...
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...
A plea challenging the order has been filed before the National Company Law Appellate Tribunal (NCLAT) by Major Atul Dev and six other petitioners
A plea seeking initiation of insolvency resolution proceedings against FRL was filed by Bank of India (BoI), the lead banker in the consortium of lenders to...
While hearing a batch of petitions against the NCLT order approving Jet Airways' resolution plan, a two-member bench of the National Company Law Appellate...
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.
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...
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...
NCLT will hear Amazon’s plea on June 6, while last week it had directed FRL to respond to BoI’s bankruptcy charges.
The two companies convened meetings of their respective shareholders and creditors for approving the Scheme of Arrangement between the two firms
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...
