Creditors’ recovery via IBC surges to 36% of admitted claims in FY23
Financial creditors’ recovery from defaulters surged to 36% of admitted claims in FY23 from 23% in the previous fiscal and ...
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Tag: NCLT
McLeod-IL&FS settlement likely in two weeks
Kolkata: Bulk tea major McLeod Russel India Ltd and IL&FS are currently engaged in negotiations towards an out-of-court settlement, which ...
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IDBI Bank gets NCLT nod to set off accumulated losses of Rs 45,396 cr
India's IDBI Bank Ltd on Friday said its proposal to set off accumulated losses has been approved by the National ...
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HDFC-HDFC Bank merger gets NCLT approval
The National Company Law Tribunal (NCLT) on Friday gave its approval to the HDFC-HDFC Bank merger. The merger between the ...
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NCLT approves Welspun takeover of Sintex BAPL
The National Company Law Tribunal (NCLT) bench of Ahmedabad on Friday approved a resolution plan submitted by Welspun Group for ...
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