Page 12 - Nclt

YES EGM plea doesn't meet statutory requirement: Dish TV to NCLT

Dish TV has also claimed that it "is unaware of the details of the investigation" and appears from the notice that it relates to an FIR registered in the year 2020

A board for the shareholders

Invesco moved the National Company Law Tribunal seeking an order for the EGM

Future moves SC to seek stay on Singapore arbitration panel's decision

NCLT stays Future group shareholders' meet

Future group cos defer shareholder, creditors meeting for RIL deal approval

Future group firms have deferred meetings of their respective shareholders on the direction of the NCLT

NCLT approves GAIL buying bankrupt IL&FS' 26% stake in OTPC

The National Company Law Tribunal has approved state-owned gas utility GAIL (India) Ltd's acquisition of bankrupt Infrastructure Leasing and Financial Services' 26 per cent stake in ONGC Tripura Power Company (OTPC), GAIL said on Friday. OTPC is a special purpose vehicle between Oil and Natural Gas Corporation (ONGC), IL&FS Group and Government of Tripura (GoT) for setting up of a 726.6 MW combined cycle gas turbine (CCGT) thermal power plant at Palatana, Tripura. ONGC holds 50 per cent interest in the company in the project that supplies electricity to the northeastern states. Tripura government holds 0.5 per cent while India Infrastructure Fund II holds the balance 23.5 per cent stake. "NCLT has granted approval for the acquisition of 26 per cent equity stake of Infrastructure Leasing & Financial Services (IL&FS) Group by GAIL (India) Ltd in OTPC," GAIL said in a stock exchange filing. The stake, it said, is being acquired from IL&FS Group companies namely IL&FS .

Top headlines: Govt eyes $30 bn from PLI, NCLT readies to fast-track cases

Business Standard brings you the top headlines at this hour

After a much-needed capacity boost, NCLT readies to fast-track cases

NCLT got 18 fresh recruits, a new president and a chairman, during the last month, after more than one and a half years

Adani Power gets NCLT nod to acquire Essar's 1,200 MW Mahan project in MP

Adani Power said that it has got NCLT's approval to acquire Essar Power's 1,200 MW thermal power project in Mahan, Madhya Pradesh.

File response by November 15, NCLT tells Dish TV

Yes Bank owns 26 per cent stake in Dish TV while the promoters Jawahar Goel and family own 6 per cent stake.

NCLAT asks NCLT to give hearing opportunity to two Videocon execs

NCLAT has directed NCLT to go for "fresh determination" and pass a new order after providing opportunity of hearing to two employees of Videocon, whose assets and bank accounts were frozen.

Bombay HC asks ZEEL board to call the EGM as requisitioned by Invesco

During the proceedings, Justice Patel said denying the right to call an EGM would set a "ferocious" precedent. ZEEL said it would inform the court on Friday about the EGM date

Axis MF, Inversion Advisory launch AIF to invest in underperforming firms

Plans to raise Rs 3,500 cr; Axis AMC to be investment manager of the fund, Inversion to provide operational and turnaround expertise

NCLT allows Reliance Retail's shareholders to hold meetings for Future deal

The NCLT said the objections raised by American retail giant Amazon were premature and could be dealt with later

Top headlines: NCLT setback for Amazon; WHO seeks more info for Covaxin

Business Standard brings you the top stories from today

Govt seeks applications for 20 judicial, technical members at NCLT, NCLAT

The last date for submitting applications for the 20 positions at the National Company Law Tribunal as well as the NCLAT is November 12

IL&FS seeks NCLT approval to place Rs 4,000 crore of assets in InvIT

With the NCLT approval, a total of 11 projects would be ready for monetisation through the InvIT route

Zee-Invesco row ended deal talks; no hostile takeover plans: RIL

The war of words between Invesco and ZEEL shows that minority shareholders were not in the loop about the acquisition talks till Tuesday

NCLT asks Zee Entertainment to file reply to Invesco plea by October 22

The move follows a NCLAT order on Thursday that granted ZEEL more time to file its reply

NCLT admits RBI's applications to initiate IBC proceedings against Srei

NCLT appointed Rajneesh Sharma as an administrator of the Srei Group firms

NCLT directs Zee Entertainment to file reply to Invesco plea by Oct 22

On October 2, ZEEL said it has moved the Bombay High Court against the requisition of minority shareholders Invesco and OFI Global China Fund, to convene an EGM