Posts tagged with NCLT

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...

Real Estate & Insolvency Law
Mar 2019 , by in FEATURES, Latest News

Most builder-buyer agreements provide for penalty in case of delays but not termination. The addition of homebuyers as financial creditors has created a peculiar situation which is against the scheme of the IBC.                                                      ... Read more...

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