Tag: NCLT

The Rs 22,606 Crore Question

This is a proposed recovery under personal insolvency resolution process, not a final settlement of every debt owed to every lender. The plan was...

HEG gets nod for demerger

HEG enters the execution phase of a transformational restructuring that will result in two independently listed companies, each with a distinct strategic mandate, focused...

Insolvency Proceedings against Embassy quashed

Earlier, the National Company Law Tribunal, New Delhi in an order dated 9 December had directed insolvency proceedings against the company. The Corporate Insolvency Resolution...

Renault India to go for business rejig

The proposed realignment is aimed at creating clearer and more focused operating structures. It envisages the powertrain manufacturing activity being organised as a dedicated...

NCLAT rejects IRDAI stand on merger of Shriram insurance arms

This became a bone of contention when various Benches of the National Company Law Tribunal (NCLT) approved the proposals to merge Shriram GI Holdings...

NCLT clears process for merger of TVS Investments with TVS Electronics 

TVSIPL was incorporated on August 31, 2018, as a private limited company under the name Geeyes Family Holdings Private Limited. The name was changed to...

Mighty resolutions, measly recoveries

Banks have got accustomed to swallowing the bitter pill in bad loan cases. With every other IBC resolution popping out of the NCLT, the...

Meridien to MGM

An iconic hotel to turn into a multi-speciality hospital HAIRCUTS & TONSURES   Guindy seems to be twice blessed: With plans to set up a multi-speciality government...

Stay in touch:

255,324FansLike
128,657FollowersFollow
97,058SubscribersSubscribe

Newsletter

Don't miss

Kobelco launches three new excavators

The company unveiled the SK210, SK215LC and SK230XDLC at...

India, Poland eye doubling bilateral trade

Both leaders set the target of doubling bilateral trade...

Shift Towards Engineering Ownership

The recent U.S. suspension of several major Indian technology...

Navitas Secures Up to USD 20 Mln Growth Capital

The investment is a part of responsAbility’s Asia Climate...

Balkrishna Industries, Pirelli in pact for tyre production

India is today one of the most attractive automotive...