NEW DELHI: In a relief to Reliance Infrastructure, National Company Law Appellate Tribunal (NCLAT) on Wednesday stayed the insolvency proceedings against the company. Reliance Infrastructure in a regulatory filing said that NCLAT suspended the order passed by the NCLT over an appeal filed by it.On May 30, the Mumbai bench of NCLT had admitted an…
Reliance Infrastructure: रिलायंस इंफ्रास्ट्रक्चर के शेयरों में बुधवार, 4 जून को गजब की तेजी देखने को मिली. इंट्रा-डे कारोबार में कंपनी का शेयर BSE पर 13 परसेंट बढ़कर 52-हफ्ते के हाई लेवल 385.90 रुपये पर पहुंच गया. कंपनी के शेयरों में यह बढ़ोतरी नेशनल कंपनी लॉ अपीलेट ट्रिब्यूनल (NCLAT) से एक बड़ी राहत मिलने के…
NEW DELHI: In a relief to Vedanta, the appellate tribunal NCLAT has stayed the National Company Law Tribunal orders against the demerger of the multinational mining company into separate entities and subsequent listing.The Mumbai bench of NCLT had on March 4 rejected the first motion petition moved for the composite scheme of arrangement between Vedanta…
NEW DELHI: Supreme Court on Friday quashed the acquisition of bankrupt Bhushan Power & Steel Ltd by JSW under the Insolvency and Bankruptcy Code and ordered liquidation of the debt-ridden company, in a blow to the Sajjan Jindal-led group and public sector banks, reports Amit Anand Choudhary.The court said there were multiple violations of law…
NEW DELHI: National Company Law Appellate Tribunal (NCLAT) has dismissed appeals filed by the BCCI and Byju’s board member Riju Raveendran, rejecting their request to withdraw insolvency proceedings and allow a settlement between debt-ridden edtech firm and the cricket board.The appellants had challenged the February 10, 2025 order by the Bengaluru bench of the National…