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Public sector banks cannot issue look out circular to defaulters, says Bombay HC

Mumbai, April 23 -- The Bombay high court' on Tuesday said public sector banks cannot issue look out circulars, or LOCs, against Indian and foreign citizens. The order follows a clutch of petitions c... Read More


Brickwork Ratings expands board, appoints Santosh Nayar as chairman

New Delhi, April 23 -- Brickwork Ratings on Tuesday appointed Santosh B. Nayar as its chairman, complying with an order of India's market regulator to broad-base its board. The market regulator had o... Read More


NCLT grants Byju's one week to settle payment dispute

New Delhi, April 18 -- The National Company Law Tribunal (NCLT), Bengaluru bench, on Thursday granted Byju's a week to negotiate a settlement with Teleperformance Business Services regarding its payme... Read More


NCLAT upholds NCLT order in Smaaash insolvency case

Mumbai, April 14 -- The National Company Law Appellate Tribunal (NCLAT) has upheld an order by the National Company Law Tribunal (NCLT) in November 2023 that set aside the 'fraudulent' transfer of the... Read More


No action against Subhash Chandra on summons till 30 April: Sebi assures HC

New Delhi, April 10 -- The Securities and Exchange Board of India on Wednesday informed the Bombay high court that it would not take any action till 30 April, regarding the summons issued to Subhash C... Read More


Centre appoints two members to Securities Appellate Tribunal

Mumbai, April 5 -- The Centre on Friday appointed retired justice PS Dinesh Kumar as the presiding officer of the Securities Appellate Tribunal for four years. Kumar was the chief justice of the Karna... Read More


Byju's seeks arbitration over NCLT trial in dispute with investors

New Delhi, April 4 -- Embattled edtech firm Byju's on Thursday filed a plea with the National Company Law Tribunal (NCLT) seeking arbitration in its dispute with some of its key investors. Dhyan Chin... Read More


NCLT refuses to stay Byju's extraordinary general meeting

mumbai, March 29 -- The National Company Law Tribunal on Thursday refused to stay Byju's extraordinary general meeting (EGM) that will be held today to augment the authorized share capital of the bele... Read More


NCLT refuses to stay Byju's extraordinary general meeting

mumbai, March 29 -- The National Company Law Tribunal on Thursday refused to stay Byju's extraordinary general meeting (EGM) that will be held today to augment the authorized share capital of the bele... Read More


NCLT refuses to stay Byju's extraordinary general meeting

mumbai, March 29 -- The National Company Law Tribunal on Thursday refused to stay Byju's extraordinary general meeting (EGM) that will be held today to augment the authorized share capital of the bele... Read More