nclt (national company law tribunal)

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    Supreme Court Considers Vedanta's Challenge to Jaypee Resolution

    New Delhi, March 31 – Vedanta Ltd, owned by mining billionaire Anil Agarwal, has told the Supreme Court that its revised bid for the bankrupt Jaiprakash Associates Ltd was rejected, despite being better than Adani Group's offer.In its petition challenging the lenders' decision to accept...
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    Vedanta's Jaypee Bid Reversed: Anil Agarwal Details Dispute

    New Delhi, March 29 – Anil Agarwal, a major mining figure, stated on Sunday that Vedanta had received written confirmation that it had won a bid for a Jaypee Group asset, but the decision was subsequently reversed, without providing details.In a social media post, Agarwal said that Vedanta was...
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    CSR Changes & Ease of Doing Business: New Bill Details

    New Delhi, March 23 – To promote ease of doing business and reduce compliance burden, the government on Monday proposed a series of amendments to the Companies and LLP laws, including changes in CSR norms, decriminalisation of procedural defaults, flexibility in share buybacks, and relaxations...
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    Adani Acquires Jaiprakash Assets: NCLAT Hearing Postponed

    New Delhi, March 23 The National Company Law Appellate Tribunal (NCLAT) on Monday directed the Vedanta Group to make the Adani Group a party in its appeals challenging the NCLT's approval of Adani Group's bid to acquire Jaiprakash Associates Ltd (JAL) for Rs 14,535 crore.The two-member bench...
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    Industrialist Anil Ambani Faces Second Day of CBI Questioning

    New Delhi, March 20 The CBI questioned industrialist Anil Ambani for over six hours on Friday in connection with a Rs 2,929-crore fraud case, registered against Reliance Communications Ltd and him on a complaint by the State Bank of India, officials said.On the second consecutive day, Ambani...
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    Hotel Horizon Dispute: NCLAT Considers Promoters' Concerns

    New Delhi, February 14 The National Company Law Tribunal Appellate Tribunal (NCLAT) will hear an appeal filed against an order by the National Company Law Tribunal (NCLT) approving a Rs 919 crore bid by an Oberoi Realty-led consortium for Hotel Horizon.A two-member bench of the Delhi-based...
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