Respondents Dr. Sabahat Azim, Ms. Richa Azim, Mr. Gautam Chowdhury, Mr. Meleveetil Damodaran, and others are ordered to file, within two weeks, affidavits of their respective assets as well... Read more »
In a huge setback to the lenders’ revival/sale plan of the grounded Jet Airways, two operational creditors–Shaman Wheels and Gaggar Enterprises– Monday shifted the NCLT seeking bankruptcy proceedings against... Read more »
State-owned Bank of Baroda Wednesday reported a net loss of around Rs 991 crore in the Q419. The bank had suffered a net loss of Rs 3,102.34 crore in... Read more »
The Supreme Court (SC) on Tuesday repealed the RBI’s 12 February circular, which laid down rules for recognising one-day defaults by large corporates and initiating insolvency action as... Read more »
On August 27, 2018 the NCLT, Ahmedabad approves merger of NMCE with ICEX effective 7th September, 2018. The merged entity will retain the name of ICEX. New board is... Read more »
The Mumbai Bench of the National Company Law Tribunal (NCLT), in its recent order in the famous Cyrus Mistry versus Tata Sons case, gave a clean chit to Managing... Read more »
Duff & Phelps, the global advisor that protects, restores and maximises value, on Thursday announced that it will expand its portfolio of services to leverage opportunities presented by the... Read more »