Search Results for:Maulik Vyas

Company law tribunal dismisses Mistry’s plea against Tata Sons

A Mumbai division bench of NCLT dismissed the petition filed by the Mistry family’s investment firms, saying it found no merit in the case.


India: NCLT admits beleaguered telecom operator’s Aircel bankruptcy plea

Aircel and its subsidiaries Aircel Cellular Ltd and Dishnet Wireless Ltd together owe around Rs50,000 crore to creditors.


India: Another hiccup for Reliance Infratel as NCLT halts asset sale

This might create a minor hiccup as the Anil Ambani-owned company has entered into a binding agreement to sell off parts of RCom’s assets to Reliance Jio.


India: IDBI Bank to initiate bankruptcy proceedings against Orissa Slurry Pipeline

The Ruia family owned steel firm is one of the 12 cases identified by the Reserve Bank of India for initiating insolvency proceedings at NCLT.


India: Jinbhuvish Power, Korean JV partner at loggerheads over breach of contract

KOSEP, a subsidiary of Korea Power Generation, is seeking back around $7.5 million it invested from the Indian company.


India: RCom agrees to share Reliance Jio deal information with offshore investors

RCom and Reliance Jio have not disclosed the exact valuation of the deal yet.