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NCLT Approves Green Gold Animation and Megraj Holdings Merger Under S. 230-232 Companies Act, Upholding Retroactive Appointed Date Despite Objections
NCLT MergersAndAcquisitions CompaniesAct2013
NCLT Sanctions Merger of Megraj Holdings with 'Chhota Bheem' Creator Green Gold Animation Hyderabad, Telangana- The National Company Law Tribunal (NCLT), Hyderabad Bench, has officially sanctioned the Scheme of Amalgamation between Megraj Holdings Private Limited and Green Gold Animation Priv...
NCLT Allows Compounding Under S.441 of Companies Act for 7-Year AGM Delay, Imposes ₹92.84 Lakh Fine
#NCLT #CompaniesAct2013 #CorporateGovernance
NCLT Slaps ₹92.84 Lakh Fine on Mumbai Firm for 7-Year AGM Default, Allows Compounding Mumbai:The National Company Law Tribunal (NCLT), Mumbai Bench, has imposed a compounding fee of ₹92,84,000 on Tanvi Construction Private Limited and its Managing Director for failing to hold their Annual Gen...
NCLT Cannot Direct Statutory Authorities to Remove Encumbrances; Successful Resolution Applicant Must Approach Competent Forum: NCLT Kochi
NCLT IBC2016 CleanSlateDoctrine
NCLT Lacks Jurisdiction to Direct Statutory Bodies to Remove Encumbrances, Successful Resolution Applicant Must Approach Competent Forums Kochi, Kerala– In a significant order clarifying the jurisdictional limits of the Adjudicating Authority under the Insolvency and Bankruptcy Code (IBC), 20...
NCLT Can Revive Insolvency Petition Post-Settlement Default Using Inherent Powers Under Rule 11: NCLT Mumbai
#NCLT #Insolvency #IBC
NCLT Mumbai Revives Insolvency Plea Against Bhumiraj Builders After Settlement Default, Cites Inherent Powers Mumbai, India- The National Company Law Tribunal (NCLT), Mumbai Bench, has allowed the restoration of an insolvency petition against Bhumiraj Builders Pvt. Ltd. after the company defa...
NCLT Ahmedabad Sanctions Amalgamation Scheme Under S. 230-232 Companies Act, Emphasizing Commercial Wisdom Over Minor Non-Compliance
#NCLT #Amalgamation #CompaniesAct2013
NCLT Sanctions Amalgamation of Four Companies into Icon Granito, Citing Commercial Wisdom of Shareholders Ahmedabad, India– The National Company Law Tribunal (NCLT), Ahmedabad Bench, has sanctioned a Composite Scheme of Arrangement for the amalgamation of four Gujarat-based vitrified tile man...
NCLT Sets Path For InCred Group Restructuring, Dispenses With Most Shareholder Meetings Under S.230 Companies Act
#NCLT #CorporateRestructuring #CompaniesAct2013
InCred Group's Major Corporate Restructuring Gets NCLT's Preliminary Nod Mumbai, Maharashtra- The Mumbai Bench of the National Company Law Tribunal (NCLT) has issued key directives for a proposed composite scheme of arrangement involving four InCred Group companies, paving the way for a signi...
NCLT Bengaluru Approves Amalgamation of Two Yahoo Group Companies into Yahoo India Pvt Ltd Under S. 230-232 Companies Act
#NCLT #Amalgamation #YahooIndia
NCLT Bengaluru Sanctions Yahoo India's Amalgamation Scheme, Accepts Undertakings on Tax and FEMA Compliance Bengaluru, July 30, 2025– The National Company Law Tribunal (NCLT), Bengaluru Bench, has approved the Scheme of Amalgamation involving two Yahoo group companies with Yahoo India Private...
Unregistered Security Interest in ICD Agreement Doesn't Create a Valid Charge; Subsequent Asset Sale Not Fraudulent Trading Under S.66 IBC: NCLT Kochi
#NCLT #IBC2016 #FraudulentTrading
NCLT Kochi Dismisses Fraudulent Trading Plea, Rules Unregistered Security Interest Invalid Kochi, July 30, 2025– The National Company Law Tribunal (NCLT), Kochi Bench, has dismissed an application alleging fraudulent trading under Section 66 of the Insolvency and Bankruptcy Code (IBC), 2016. ...
NCLT Upholds CoC's Commercial Wisdom to Distribute Proceeds Based on Security Value, Dismissing Dissenting Creditors' Objections Under IBC S.30
Insolvency NCLT CommercialWisdom
NCLT Approves Kshitij Polyline’s Resolution Plan for Omkar Chemicals; Dismisses Objections from Dissenting Creditors Mumbai, July 2025- The National Company Law Tribunal (NCLT), Mumbai Bench, comprising Hon’ble Shri Ashish Kalia (Member Judicial) and Hon’ble Shri Sanjiv Dutt (Member Technical...
NCLT Greenlights Major DLF Restructuring, Sanctions Amalgamation and Demerger Scheme Under Companies Act Sections 230-232
NCLT CorporateRestructuring DLF
NCLT Sanctions Major DLF Group Restructuring Scheme Chandigarh– The National Company Law Tribunal (NCLT), Chandigarh Bench, has approved a composite scheme of arrangement involving six DLF group companies, paving the way for a significant internal consolidation. The order, delivered by a benc...
