The plan is to appoint nine judicial members and six technical members in NCLT.
1 min read17 Oct 2021The panel will include three representatives nominated by the Jalan-Kalrock consortium, three others appointed by lenders with highest share in the CoC and an independent insolvency professional
2 min read26 Jun 2021The voting on the resolution plans submitted by two bidders was supposed to end on FridayThe carrier was admitted to the National Company Law Tribunal (NCLT) in June 2019
1 min read16 Oct 2020PSBs asked to monitor cases for individual bankruptcyDept of financial services says that the IBC rules empower creditors to submit insolvency filings
1 min read28 Aug 2020Ministry of Corporate Affairs has extended NCLT president BSV Prakash Kumar's tenure for the second time with immediate affect from July 5
1 min read21 Jul 2020The matter pertains to termination of franchise by BCCI on 15 September 2012 following an emergency meeting of IPL governing council
1 min read17 Jul 2020The NCLT direction had come over a plea filed by Totem Media Solutions, a company engaged into the sale of advertising printing space, claiming a default totaling to ₹86.61 lakh along with the interest
2 min read16 Jul 2020The Delhi-based principal bench was scheduled to go on summer vacation in the month of JuneNCLT was set up under section 408 of the Companies Act, 2013 on June 1, 2016
1 min read7 May 2020The tribunal, comprising Bhaskara Pantula Mohan and Rajesh Sharma, will hear the matter next weekThe cash-strapped airline, which was grounded in April 2019, owes more than ₹8,000 crore to banks
1 min read13 Mar 2020Tribunal says charges against former chairman Thapar are very serious in natureGovt has sought restatement of CG Power’s accounts as they do not reflect true picture
1 min read6 Mar 2020The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared