Tag: national company law tribunal
Posted in Economy
Panel seeks fast-track courts to expedite insolvency cases
The parliamentary standing committee on finance has called on the government to consider setting up special fast-track courts for a fixed time, on top of…
Posted in Economy
Finance ministry tells banks to fast-track IBC cases, CEOs asked to personally monitor top pending resolutions
New Delhi: The finance ministry has asked banks to adopt a more strategic approach to strengthen the Insolvency and Bankruptcy Code (IBC) ecosystem for better…
Posted in Startups
NCLAT rejects Byju’s plea to stop Aakash EGM on rights issue
The insolvency appellate tribunal NCLAT on Tuesday gave a go-ahead to the EGM of Aakash Educational Services Ltd (AESL) for the rights issue of the…
Posted in Economy
Govt widens scope of fast-track mergers; move to benefit larger number of firms
The corporate affairs ministry has relaxed rules to allow the fast-track merger facility to a larger number of companies, especially the small and medium ones,…