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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

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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...
NCLT ruled that TVS’s Rs.4.27 crore insolvency plea against ZTE was not maintainable due to a pre-existing dispute and unresolved invoice discrepancies dating back to 2012
Law and Order

NCLT set aside the insolvency plea against ZTE filed by TVS...

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ZTE India wins relief as NCLT rejects TVS Rs.4.27 cr insolvency petition The NCLT has dismissed an insolvency plea against the Indian unit of telecom...
RBI filed pleas earlier than NCLT to provoke insolvency proceedings towards two Srei Group companies, both firms owe over Rs.30,000 crore to banks and financial institutions
Business

RBI files insolvency pleas against two Srei Group firms in NCLT....

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RBI files separate insolvency pleas in NCLT against 2 Srei Group firms In a rare move in the Corporate world, the Reserve Bank of India...

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