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Essel Group entities admitted under insolvency following Indiabulls complaint

Mumbai, April 25 -- Two Essel Group entities face bankruptcy proceedings for allegedly defaulting on repayments adding up to Rs.520 crore. The National Company Law Tribunal on Thursday admitted Essel... Read More


HC dismisses Zee promoters' plea against loan default order

Mumbai, April 25 -- The Bombay High Court on Wednesday dismissed a review petition filed by the promoters of Zee Entertainment Enterprises Ltd (ZEEL) challenging a December 2023 order in a loan defaul... Read More


NCLT levies Rs.20,000 cost on Byju's for failing to reply to plea by Surfer Tech

New Delhi, April 24 -- The Bengaluru bench of the National Company Law Tribunal has levied a cost of Rs.20,000 on edtech platform Byju's for the delay in filing its reply to a petition by Surfer Techn... Read More


Bombay High Court dismisses Zee promoters' petition against loan-default order

New Delhi, April 24 -- The Bombay High Court on Wednesday dismissed a review petition filed by the promoters of Zee Entertainment Enterprises Ltd, challenging a December 2023 order in a loan default c... Read More


Bombay High Court dismisses Zee promoters' petition against loan default order

New Delhi, April 24 -- The Bombay High Court on Wednesday dismissed a review petition filed by the promoters of Zee Entertainment Enterprises Ltd challenging a December 2023 order in a loan default ca... Read More


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