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1-10 results from 170 for query «nclt»

20 July, 2018 2:36 AM NCLT approves JK Paper's Rs 371 cr bid for Sirpur Paper Mills

JK Paper said the NCLT has approved its Rs 371 crore bid for debt-ridden Sirpur Paper Mills under the insolvency resolution process. The Hyderabad bench of the National Company Law Tribunal (NCLT) today admitted the resolution plan submitted by JK Paper, the company said in a regulatory filing. "Hyderabad Bench of NCLT has on July 19, 2018, approved 36

20 July, 2018 2:24 AM Stocks in the news: Wipro, Bajaj Auto, JSW Steel, Hindalco, Alembic Pharma, JK Paper, Fortis

Wipro | Bajaj Auto | JSW Steel | Hindalco | Alembic Pharma | JK Paper and Fortis are the stocks which are in news today: Bajaj Finserv: Q1 consolidated profit rises 41 percent to Rs 825 crore versus Rs 585 crore; revenue increases 39 percent at Rs 3,943.6 crore versus Rs 2,839 crore (YoY). Hatsun Agro Product: Q1 profit rises to Rs 37.85 crore versus 50

16 July, 2018 7:12 AM As Bhushan Power & Steel lenders meet, operations creditors approach NCLT

The National Company Law Appellate Tribunal had last week asked the lenders to go ahead with the resolution process and select one of the bids Bhushan Power & Steel's Committee of Creditors will meet on Monday to take a call on the bids presented by Tata Steel and Liberty House. While many expect the lenders to take a favourable view of Tata Steel's 67

12 July, 2018 10:15 AM NCLAT rejects Liberty House plea to stay resolution process of Bhushan Power

The National Company Law Appellate Tribunal (NCLAT) today turned down the plea of UK-based Liberty House to stay the resolution process of Bhushan Power and Steel. A two-member bench of the appellate tribunal, headed by Chairman Justice S J Mukhopadhaya, directed the committee of creditors (CoC) to go ahead with the resolution process. At present, the lenders 48

10 July, 2018 5:09 PM NCLT nod for merger of Airtel, Bharti Digital Networks

Airtel, in March 2017, announced its decision to acquire the 4G business of Tikona Networks, including broadband spectrum and 350 sites across five circles, for about Rs 1,600 crore. Bharti Airtel today said the National Company Law Tribunal (NCLT) has cleared a scheme of arrangement between the company and Bharti Digital Networks, previously known as Tikona 42

10 July, 2018 5:07 PM ArcelorMittal to NCLAT; The company was eligible to bid for Essar Steel

ArcelorMittal today said it was eligible under the Insolvency & Bankruptcy Code to bid for Essar Steel as it was not a promotor of Uttam Galva and KKS Petron, and had already offloaded its shares before submission of the bids. Arguing before the National Company Law Appellate Tribunal (NCLAT) on behalf of ArcelorMittal, senior advocate Harish Salve submitted 44

9 July, 2018 10:02 AM Liberty House moves NCLAT, seeks info on bids from Bhushan Steel lenders

UK-based Liberty House today approached the National Company Law Appellate Tribunal (NCLAT) against the committee of creditors and resolution professional of Bhushan Power & Steel seeking information on the bid finalisation process of the firm. In its plea, Liberty House has alleged that lenders are not sharing any information or documents related to their 40

9 July, 2018 7:58 AM Tata Sons Vs Cyrus Mistry: Chronology Of Events Leading To NCLT's Rejection Of Petition

The much-awaited verdict of the NCLT came on a petition filed by Cyrus Mistry after he was abruptly ousted as the Tata Sons Chairman. The National Company Law Tribunal (NCLT) on Monday dismissed Cyrus Mistry's plea challenging his removal as Chairman of Tata Sons. Mistry was removed as the Tata Sons board and majority of its members lost confidence in him, the NCLT Mumbai's 50

9 July, 2018 6:30 AM Tata Group stocks rally 1-5% after NCLT rules in Tata Sons' favour in Cyrus Mistry case

The NCLT rejected proportional representation for Mistry Group on Tata Sons board. "We don't find merit in arguments related to mismanagement in Tata Group companies," it said. Tata Group stocks gained on Monday after the National Company Law Tribunal ruled in favour of Tata Sons against Cyrus Mistry's plea with regards to his removal as Tata Sons Chairman 55

9 July, 2018 5:35 AM No Merit In Cyrus Mistry's Case Against Sacking As Tata Chairman: Court

Cyrus Mistry was removed as chairman because Tata Sons Board and its members lost confidence in him, ruled the National Company Law Tribunal (NCLT). The National Company Law Tribunal (NCLT) on Monday dismissed Cyrus Mistry's plea for his illegal removal as Tata Sons' chairman. The Mumbai Bench of the NCLT ruled in favour of Tata Sons saying the board 46