Category: Legal

Anil Agarwal-promoted Vedanta Ltd announced on Monday that it has acquired the control of Electrosteel Steels Ltd (ESL) under a resolution plan that became effective Monday. “Pursuant

Certain relaxations have also been extended to insolvent entities with respect to regulations pertaining to substantial acquisition of shares and takeovers as well as issue

The Supreme Court Monday restrained finalisation of the sale of assets of the bankrupt Binani Cement without its prior approval. However, it allowed the debt

The National Company Law Appellate Tribunal (NCLAT) on Thursday admitted Jaiprakash Associates’ (JAL) plea challenging the Allahabad National Company Law Tribunal’s (NCLT) May 16 order

Reliance Communications agreed to pay Rs 550 crore to Ericsson to settle an eight-month legal dispute over dues, paving the way for the Anil Ambani-controlled

The lenders of Binani Cement have issued letter of intent to UltraTech after approving its bid to acquire the company under the bankruptcy code, Aditya Birla group

The National Company Law Appellate Tribunal (NCLAT) on Wednesday permitted Vedanta, promoted by Anil Agarwal, to make an upfront payment of Rs 5,320 crore to

Reliance Communications’ efforts to sell its assets — part of its plan to pare debt — received a boost with subsidiary Reliance Infratel (RITL) reaching

The bankruptcy proceedings of Nirav Modi’s entities in the US highlight the urgent need for a robust cross border insolvency law Even as banks taste

This suggestion was proffered by the NCLAT bench when in the course of the hearing RCom offered to make an upfront payment of Rs 500

The Committee of Creditors (CoC) of Binani Cement on Monday voted in favour of UltraTech’s Rs 79.60 billion offer. All 100 per cent votes were cast in

Vedanta Ltd on Monday asked the National Company Law Appellate Tribunal (NCLAT) to vacate its order for maintaining status quo over the sale of debt-ridden Electrosteel