NCLAT annuls lenders' voting on NBCC's bid to acquire Jaypee Infratech

A three-member bench of the NCLAT headed by Chairman Justice S J Mukhopadhaya asked the lenders to conduct a fresh voting from May 31.

NCLAT seeks Anil Ambani's response after shareholders file contempt plea

HSBC Daisy moved the appellate tribunal over the alleged default of payment of Rs 230 crore by Reliance Infratel.


NCLAT allows 22 domestic subsidiaries of IL&FS to service debt obligations

The two-member bench, headed by Justice S J Mukhopadhaya, also approved appointment of former Supreme Court judge Justice D K Jain to supervise resolution process of the IL&FS group.

SBI set to delay auction of Essar Steel loans following NCLAT order

The battle for Essar Steel with a annual capacity of 10 million metric tons has been one of the most hotly contested under the insolvency resolution process.

NCLAT asks NCLT to pass order by January 31

More than 500 days have gone by since the petition against Essar Steel was admitted by the NCLT, Ahmedabad, on August 2, 2017.

NCLAT suggests appointing a former Supreme Court judge for IL&FS asset sales

The appellate tribunal was hearing a petition filed by the Ministry of Corporate Affairs (MCA) and IL&FS.


NCLAT stays insolvency proceedings against ECL

Although ECL had already paid the principal sum of around Rs 84.71 lakh to GOLIL, one of its operational creditors, it did not pay the amount of interest at the rate of 18 per cent per annum.

Justice Sudhansu Jyoti Mukhopadhaya: ‘IBBI needs to have more powers’

Mukhopadhaya argued that IBBI should be empowered on the lines of Sebi.

NCLAT says Numetal bid for Essar Steel eligible, asks ArcelorMittal to clear dues in 3 days

NuMetal and steel tycoon Lakshmi Mittal-led ArcelorMittal had in February submitted separate bids to takeover Essar Steel, which lenders were auctioning to recover their Rs 49,000 crore defaulted loans.

NCLAT quashes pleas challenging eligibility

Removes uncertainty on Bhushan Steel, Electrosteel cases