Posts tagged with NCLT

NCLT Okays Panyam Cement Revival Plan
Jun 2021 , by in ALLIED

National Company Law Tribunal (NCLT), Amaravati bench, has approved the resolution plan furnished to run Panyam Cement factory in Kurnool in Andhra Pradesh and allowed the unit, which is now defunct, to become operational again. The new management, RV Consulting Services Company, and Sagar Power ... Read more...

RBI Clears Decks for Piramal Takeover of DHFL
Feb 2021 , by in News/Views

Piramal Group has received clearances from the Reserve Bank of India to take over Dewan Housing Finance Corporation Ltd. The regulator has cleared the Ajay Piramal-led group under its ‘fit and proper’ framework. It has also given a no-objection certificate for change in ownership of DHFL. The... Read more...

Arcelormittal Nippon Steel Receive NCLT Approval
May 2020 , by in ALLIED

ArcelorMittal Nippon Steel India received approval from NCLT Cuttak for its resolution plan for OSPIL (Odisha Slurry Pipeline Infrastructure Ltd) that provides a crucial raw material linkage by connecting the iron ore beneficiation plant in Dabuna to the pellet plant in Paradip, Odisha. In step w... Read more...

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