Page 29 - Nclt

Overweight positions in banks, industrials helped HDFC: CIO Prashant Jain

Given this background, an outperformance of nearly 9 percentage points over the Nifty 100 benchmark is no small feat

NCLAT decision on Jet's CoC meetings a welcome signal to foreign investors

The NCLAT's decision is based on a 'Cross Border Insolvency Protocol' agreed upon by the Dutch insolvency court administrator and the Indian Resolution Professional of debt-laden Jet Airways

Top 10 biz headlines: Modi lures investors, IRCTC's IPO, and more

From PM Modi urging investors to come to India and invest to LIC's stake in private sector dropping to 16-year-low, here are the top 10 business headlines on Thursday

SC sets aside insolvency of Jignesh Shah's firm La-Fin Financial Services

Apex court says petition moved by IL&FS Financial Services filed after three years, falls outside limitation period

Amalgamations Group wins 20 year old legal dispute with shareholder

Chennai, 23 SeptemberA 20-year dispute between one of the oldest corporate groups based in this city, Amalgamations Ltd, and one of its shareholders has come to an end with the National Company Law Tribunal (NCLT) here having ruled in favour of the former. The petition was from Shankar Sundaram, who owns 10 per cent in Amalgamations, alleging oppression and mismanagement in the group. He alleged that though the company has more than 40 subsidiaries, it is run like a single economic unit, impacting the functioning.Amalgamations Group was founded by S Anantharamakrishnan and Amalgamations Ltd is the holding company. The group is in diverse business activities -- manufacturing of automobile engines and generating sets under Simpson & Co, agricultural machinery and equipment manufacturing under TAFE, battery manufacturing under AMCO Batteries, making pistons and piston rings under India Pistons, industrial cutting tools under Addison & Co Ltd, to publication of books and ...

McLeod Russel moves NCLT to resume tea estate sale to help it repay dues

Tribunal had stayed the sale after a financial creditor moved Kolkata bench of NCLT to recover dues of Rs 100 cr; McLeod says sale is part of restructuring plan, will help revive company

NCLAT refuses to entertain RCom resolution professional, sends him to NCLT

RCom RP had approached NCLAT with plea that Ericsson India refund Rs 577 crore given to it by RCom

Apollo Hospitals to seek shareholders' nod for hiving off pharmacy biz

Front end of the business to go to a separate firm, which will focus on achieving Rs 10,000 cr revenue and 30% ROCE within 5 years

Prashant Jhawar resigns as non-executive director of Usha Martin

Alleges several illegalities and non-compliance of the provisions of law by the directors and management in running the company

Moving NCLT against a builder gone bust may not always work for homebuyers

Homebuyers should keep IBC as the last resort; if the delayed project is without encumbrances, they should explore self-development

Recent CoC decisions raise hopes for the return of errant promoters

Two recent CoC decisions give hope to those who were pushed out of their company's management due to IBC provisions

Govt considers measures to improve financial health of State Trading Corp

The measures, which are under consideration, include provision of adequate time for STC to repay bank loans and sale of immovable assets

JSW Steel files appeal against NCLT order on Bhushan Power resolution plan

Firm seeks immunity from criminal proceedings in ongoing fraud probe against Bhushan Power & Steel, after NCLT disposed of various reliefs sought by JSW from statutory authorities

Govt to banks: Don't use NCLT on daily basis to resolve stressed assets

Anurag Thakur, Minister of State for Finance and Corporate Affairs, assured bankers to take decision to lend to the industry without any fear of 'witch-hunting' in future by any investigative agencies

Top 10 biz headlines: No GST relief for auto cos, opposition to RCEP & more

From chances of the auto industry having to wait longer for a GST rate cut on cars to Maruti Suzuki planning to lease 100 sales outlets to car dealers, here are the top business headlines for Monday

NCLT approves Patanjali's resolution plan for debt-ridden Ruchi Soya

Ruchi Soya owes over Rs 9,345 crore to financial creditors led by SBI

NCLT approves JSW Steel's Rs 19,700-crore bid for Bhushan Power & Steel

Adjudicating authority asks RP of Bhushan Power to redistribute profit made during CIRP among all creditors

JSW Steel's Rs 19,700-crore bid for Bhushan Power & Steel gets NCLT nod

The NCLT also rejected the objections raised by Tata Steel over the bids submitted by JSW and its erstwhile promoters

HC grants interim relief to BSR & Associates, stays proceedings in NCLT

BSR & Associates and Deloitte Haskins & Sells were the erstwhile auditors of IFIN

NCLAT directs Jet Airways IRP, Dutch court administrator to coordinate

NCLAT also asks interim resolution professional to submit copy of draft agreement in two weeks, to hear matter on Sep 20