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Ambuja Cements gets Delhi HC notice

New Delhi, April 4 -- The Delhi high court has issued a notice to Adani Group's Ambuja Cements on a plea by the Delhi stamp duty department, which seeks to recover Rs.218.87 crore in stamp duty and Rs... Read More


NCLT dismisses insolvency plea against Zomato over alleged payment default

New Delhi, April 3 -- The National Company Law Tribunal (NCLT) Delhi on Thursday dismissed an insolvency plea filed against food delivery giant Zomato by uniform supplier Nona Lifestyle over an allege... Read More


Ambuja Cements gets Delhi HC notice on stamp duty row in Holcim merger

New Delhi, April 3 -- The Delhi high court has issued a notice to Adani Group's Ambuja Cements on a plea by the Delhi stamp duty department, which seeks to recover Rs.218.87 crore in stamp duty and Rs... Read More


Supreme Court upholds Piramal's resolution plan for DHFL, grants it proceeds of funds recovered

New Delhi, April 1 -- The Supreme Court on Tuesday ruled that funds recovered from the fraudulent transactions at Dewan Housing Finance Corporation Ltd (DHFL) will go to Piramal Capital & Housing Fina... Read More


NCLT issues notice to Shapoorji Pallonji Group over insolvency plea

New Delhi, April 1 -- The National Company Law Tribunal (NCLT)-Mumbai on Tuesday issued a notice to real estate giant Shapoorji Pallonji & Co. Pvt. Ltd (SPCPL), seeking its response to an insolvency p... Read More


Systemic cultural issues undermine India's appeal as an ADR hub for investors: Experts

New Delhi, March 29 -- Prolonged judicial delays and a lack of institutional support for alternative dispute resolution (ADR) mechanisms are eroding investor confidence in India, top corporate lawyers... Read More


Mediation fails in Tesla Inc.'s trademark battle with Tesla Power India

New Delhi, March 26 -- The mediation efforts between Elon Musk's Tesla Inc. and Gurugram-based Tesla Power India Pvt Ltd to resolve their trademark dispute have failed, the two parties informed a Delh... Read More


Scrapping a key bankruptcy rule may yield faster liquidation, better recovery

New Delhi, March 25 -- A rule that kept bankrupt businesses on life support is on its way out, promising speed, transparency and better liquidation value. India's bankruptcy rule maker recently propo... Read More


Soon, liquidation may fetch more

new delhi, March 25 -- A rule that kept bankrupt businesses on life support is on its way out, promising speed, transparency and better liquidation value. India's bankruptcy rule maker recently propo... Read More


Legal woes mount as fresh insolvency plea hits SpiceJet

New Delhi, March 22 -- Budget carrier SpiceJet is facing fresh insolvency proceedings, this time from Indonesia's PT BBN Airlines over unpaid lease rentals totalling $5.94 million. The National Compa... Read More