National Company Law Tribunal Archives

A comprehensive breakdown of the Finance Ministry’s disclosures in Parliament: massive loan write-offs by Public Sector Banks, improving capital positions without government infusion, rising digital fraud cases, and the scale of export credit disbursement over the past five years

PSU banks write off loans worth Rs.6.15 lakh crore in the...

Team PGurus - December 8, 2025 0

Loan write-offs, cyber frauds, export credit: Govt shares key banking data in LS Public sector banks have written off loans worth Rs.6.15 lakh crore in the...

Tribunal approves NSEL’s Rs.1,950 cr one-time settlement to compensate over 5,600 investors affected by the 2013 Rs.5,400 crore payment default

Law and Order

NCLT approves Rs.1,950 crore one-time settlement scheme for NSEL investors

Team PGurus - December 1, 2025 0

After 12 years, NCLT clears NSEL’s Rs.1,950 cr investor settlement The National Company Law Tribunal (NCLT) Mumbai Bench has approved a Rs.1,950 crore one-time settlement...

Law and Order

ED restores ₹175-crore assets to 213 homebuyers after Supreme Court nod

PGurus Newsdesk - October 15, 2025 0

Supreme Court appreciates ED’s proactive role in resolving long-pending real estate dispute The Enforcement Directorate (ED) has restored residential and commercial properties worth ₹175 crore...

Corporate fraud row deepens as CBI investigates Anil Ambani over Rs.2,000 cr loss to SBI

Banking

CBI books Anil Ambani and his RCOM for Rs.2,000-cr bank fraud,...

Team PGurus - August 23, 2025 1

Anil Ambani faces CBI action in SBI bank fraud case linked to Reliance Communications Weeks after Enforcement Directorate (ED) raids, the Central Bureau of Investigation...

The order comes a little over two months after the SC, on Nov 7, 2024, ordered the liquidation of Jet Airways, which had stopped flying in Apr 2019

Business

NCLT orders liquidation of Go First Airlines

Team PGurus - January 20, 2025 1

Bankrupt airline Go First's liquidation plea approved by law tribunal The National Company Law Tribunal (NCLT) on Monday ordered the liquidation of Go First, the...

The bench had clarified that the newly constituted board can take any commercial decision in the interest of homebuyers and with regard to any pending projects

Law and Order

SC permits Centre-appointed Unitech Board to seek police assistance to deal...

Team PGurus - October 22, 2024 1

SC greenlights police assistance for Unitech Board to tackle third-party interference The Supreme Court on Tuesday permitted the Centre-appointed board of directors of Unitech Ltd...

The FIR states that SpiceJet deducted 12% of employees’ salaries for PF contributions but failed to remit these amounts as required

Law and Order

Delhi Police EOW files case against SpiceJet MD and officials over...

PGurus Newsdesk - October 5, 2024 1

FIR against Ajay Singh, SpiceJet board surfaces day after clearing PF dues In a significant development for struggling airline SpiceJet, the Economic Offences Wing (EOW)...

The companies will withdraw the respective composite schemes of arrangement from the NCLT

Business

ZEE Entertainment and Sony Pictures reach amicable settlement over merger disputes

PGurus Newsdesk - August 27, 2024 0

Zee, Sony scrap $10 bn merger deal amicably ZEE Entertainment Enterprises Ltd. (ZEE) and Culver Max Entertainment Pvt. Ltd. (CMEPL), which operates as Sony Pictures...

A significant portion of these dues is tied to cases pending before court-appointed committees

Finance

SEBI segregates Rs.76,293 crore dues under ‘difficult to recover’ category

Team PGurus - August 20, 2024 1

SEBI's 'difficult to recover' dues surge 4% in FY24 India’s stock exchanges regulator SEBI has segregated dues to the tune of Rs.76,293 crore under the...