Tag: national company law tribunal
NCLT approves SaaS startup MoEngage’s reverse flip plan
The National Company Law Tribunal has approved a plan by software-as-a-service startup MoEngage to shift its domicile from the US to India, according to an…
IBC has been a game-changer, transformed the insolvency landscape: DFS secretary
The Insolvency and Bankruptcy Code (IBC) has been a game-changer and has transformed the insolvency landscape by fostering transparency, accountability and efficiency in corporate dispute…
Three-month timeline for NCLAT to improve quality of judgement: Baijayant Panda
New Delhi: The Parliamentary select committee’s proposal to stipulate a strict three-month timeline for the National Company Law Appellate Tribunal (NCLAT) to dispose of insolvency…
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…
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…
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…
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,…