BW Communities

Articles for NCLT

NCLT Clears Merger Of Slice And North East Small Finance Bank

The merger has also received the necessary endorsements from the Competition Commission of India and the Registrar of Companies

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Creditors Realised Merely 2.16% of Admitted Claims in Personal Insolvency: IBBI

As of 31 March 2024, a total of 2,800 applications have been filed for initiating the personal insolvency resolution process (PIRP) for Personal Guarantors to Corporate Debtors

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Fear Of Default By Hinduja Group On RCap Deal

RBI's six-month-long deadline for the resolution plan ends on 17 May amidst concerns of Hinduja having "own" money for the deal. The group is seeking a deadline extension. RFRP begs default procedures to be followed

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NCLT Asks SpiceJet To File Reply To Aircastle's Petition In 15 Days

The tribunal will now examine whether a power of attorney holder can represent an operational creditor in a corporate insolvency resolution process (CIRP) petition

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