NCLT
ZEEL MD & CEO Punit Goenka Has Filed An Appeal In NCLAT, Seeking Relief Against The Order Passed By The Mumbai Bench Of The NCLT
Thu, Feb 23, 2023
Punit Goenka, MD & CEO of Zee Entertainment Enterprises Ltd (ZEEL), has filed an appeal in the National Company Law Appellate Tribunal (NCLAT) today, seeking relief against the order passed by the Mumbai bench of the National Company Law Tribunal (NCLT) in connection with an insolvency plea filed against the company. Mr. Goenka is taking all the necessary steps as per law, to protect the interests of all stakeholders of Zee Entertainment Enterprises Ltd. (ZEE) and to achieve a timely completion of the proposed merger with Culver Max Entertainment Pvt. Ltd.
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OYO writes to NCLT seeking action against 'erring' FHRAI executive committee members
Fri, Jan 06, 2023
OYO, in its representation to NCLT, alleged that the present members of FHRAI are "fighting tooth and nail to harass, intimidate and harass the entire hotel industry in the country and the FHRAI is being run totally contrary to its aim and objectives as well as its intents".
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NCLT directs to initiate insolvency proceedings against real estate firm Ajnara
Thu, Sep 22, 2022
A two-member New Delhi-based bench held the insolvency petition filed on behalf of 113 allottees of Ajnara Ambrosia as maintainable and as per the builder-buyer agreement, it was bound to give possession within three years of booking
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Reliance Capital bidders seek extension of time for submission of binding bids
Sun, Sep 11, 2022
There are other bidders also who have sought a similar extension of timeline for filing of binding bids. IndusInd has sought 10 weeks extension, Oaktree has asked for 12 weeks and Zurich has requested for 8 weeks extension.
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PVR Cinemas Complete 25 Years, Ajay Bijli Talks About PVR’s First NFT Coin And Company's New Plans
Wed, Aug 10, 2022
Inox merger has got the approval of BSE, NSE. Applied for approval from NCLT: Ajay Bijli, Chairman, PVR. Watch Ambarish Pandey's exclusive conversation with PVR Chairman Ajay Bijli.
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Debt-ridden Future Lifestyle Fashions plans to sell assets, awaits lenders' nod
Wed, Aug 10, 2022
FLFL has identified certain assets (identified as in-store retail infra assets) which are lying at non-operational stores and which cannot be used at continuing operating stores, the filing said.
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NCLT orders insolvency proceedings against Supertech Ltd over Rs 432 crore default
Mon, Apr 25, 2022
Acting on a petition filed by the Union Bank of India for non-payment of around Rs 432 crore worth dues, the bankruptcy court ordered the initiation of insolvency proceedings against real estate firm Supertech Ltd, one of the companies of Supertech group.
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Debt recovery via insolvency cases at 31 percentage; 47 percent cases liquidated: Report
Fri, Apr 15, 2022
Nearly half of the 3,247 insolvency cases have been resolved through liquidation, and only a paltry 457 or 14 percent of them through asset sale as per their lenders-approved resolution plans, a report said on Friday.
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India 360: ATS Group company declared bankrupt, 400 homebuyers will get affected
Wed, Apr 06, 2022
Insolvency proceedings have been initiated against (ATS Group) company Anand Divine Developers. In fact, the company has allegedly failed to clear dues of Rs 25 crore to its creditor ICICI Venture Capital Fund Real Estate Scheme 1. At the same time, this action has started with the acceptance of a petition filed by the creditor in this regard in the National Company Law Tribunal (NCLT)
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