Tag: nclat

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Posted in Economy

Budget must prioritise NCLT infrastructure to reduce Insolvency and Bankruptcy Code delays: SAM’s Rawat

New Delhi: The government should focus on strengthening infrastructure at the National Company Law Tribunals (NCLTs) to improve efficiency in insolvency cases under the Insolvency…

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Posted in Economy

CoC cannot alter approved resolution plan, reallocate funds of dissenting creditors: NCLAT

New Delhi, The Committee of Creditors (CoC) cannot modify or alter a resolution plan for reallocation of funds of dissenting creditors, after it is approved,…

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Posted in Economy

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…

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NCLAT rejects Byju's plea to stop Aakash EGM on rights issue
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…

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Byju's moves NCLAT on Aakash EGM for rights issue
Posted in Startups

Byju’s moves NCLAT on Aakash EGM for rights issue

Think & Learn, which owns edtech brand Byju’s, on Monday moved the National Company Law Appellate Tribunal against the NCLT order, which last week declined…

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