Tag: insolvency
RCap resolution: NCLAT seeks Hinduja’s reply on lenders’ plea to forfeit equity | Mint
Mumbai: The National Company Law Appellate Tribunal (NCLAT) has issued notice to IndusInd International Holdings Ltd (IIHL) on a plea filed by lenders...
NCLAT halts insolvency proceedings against Essar’s oil & gas subsidiary | Mint
The National Company Law Appellate Tribunal (NCLAT) on Tuesday stayed the insolvency proceedings against Essar Oil and Gas Exploration and Production Ltd., a...
Byju’s facing $101 million tax claims from authorities amid insolvency: Report | Mint
Indian tax authorities are seeking dues of $101 million from education-technology company Byju’s, once the country's biggest startup which is now undergoing an...
Reliance Capital administrator defends use of ’Reliance’ brand amid legal dispute | Mint
The administrator of insolvent Reliance Capital clarified before the National Company Law Tribunal (NCLT) on Tuesday that no harm has been caused to...
NCLT directs RBI, DIPP to expedite approvals for Hinduja’s takeover of Reliance Capital | Mint
The National Company Law Tribunal (NCLT) on Monday instructed the Reserve Bank of India (RBI) and the Department of Industrial Policy and Promotion...