nclat

Former Tata Sons chairman Cyrus Mistry was killed in a car accident on Sunday while he was travelling from Ahmedabad to Mumbai in a Mercedes car. The accident took place around 3.15 pm, when Mistry was travelling to Mumbai from…

After a moratorium of over three years, IL&FS lenders will receive an estimated ₹16,361 crore in the third quarter from the proceeds of the resolution of 191 special purpose vehicles (SPVs), said two people with knowledge of the…

The government has decided to scrap sale of Central Electronics Ltd (CEL) to Nandal Finance & Leasing as the selected bidder had failed to disclose its ongoing litigation in the NCLT, an official said. Meanwhile, the government has…

When Supertech’s twin towers come down on Sunday – powered by a Supreme Court order, 3,700 kg of explosives and some activist citizens – it will be cold comfort for 25,000 home buyers in Delhi waiting for years for the builder to deliver…

NEW DELHI: In an important ruling, the Supreme Court on Friday said that once proceedings under the Insolvency and Bankruptcy Code (IBC) are initiated against an importer or exporter company, the customsdepartment authorities cannot…

Rejecting a plea filed by the promoter of realty developer (India), the National Company Law Appellate Tribunal (NCLAT) has upheld the ruling of the National Company Law Tribunal's Mumbai bench to admit the company under corporate…

Realty firm Supertech Ltd on Saturday said the company plans to sell its four commercial assets at Meerut and Haridwar for an estimated Rs 1,000 crore, as part of its efforts to expedite construction in existing projects and repay debt.…

Realty developer Supertech is in talks to raise Rs 300 crore as it has resumed construction on its project. NCLAT had earlier directed that the CoC be limited to just one project and that the other projects be constructed under the…

In a temporary relief to erstwhile promoters of the Bombay Rayon Fashion Ltd (BRFL), the National Company Law Appellate Tribunal (NCLAT) has stayed the formation of the Committee of Creditors (CoC) until further order. However, the…

Even amid raging controversies and allegations, e-commerce major Amazon is bullish on the Indian market, and is "absolutely" compliant with laws and regulations in the country, where it has outlined firm commitments around job creation,…