Discover and read the best of Twitter Threads about #NCLT
Most recents (8)
#indiabullsrealestate #NAM #Embassy The final verdict in the year-long "special situation" is a good read.
While the honorable #NCLT is pragmatic to squash the attempt of a marginal shareholder to derail a merger it has acted firmly on the true concerns
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While the honorable #NCLT is pragmatic to squash the attempt of a marginal shareholder to derail a merger it has acted firmly on the true concerns
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The court takes cognizance of the attempt of a marginal shareholder to acquire a minuscule stake in a public entity and an attempt to derail the broader interest of broader stakeholders in general. This would be a good reference for future cases as well.
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The 67 page report is full of detailed citing, and one such citing possibly best summarizes the position of the judges in this case.
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National Company Law Tribunal, Delhi to shortly commence hearing the application filed by Go Airlines seeking initiation of insolvency proceedings.
@GoFirstairways #GoAir
@GoFirstairways #GoAir
A division bench of Justice Ramalingam Sudhakar, President and technical member LN Gupta will hear the plea.
#goair #bankruptcy #NCLTDelhi
#goair #bankruptcy #NCLTDelhi
The President questions a reporter in court: You people report only where there is TRP. There are so many home buyers who come… Selective reporting.. Madam (court master) take down their numbers, we will call them when there is an important matter.
#goair #bankruptcy #NCLT
#goair #bankruptcy #NCLT
#India: Market Close
✦Indices opened flat in the morning & #Nifty was consolidating between 17,300 & 17,400 in the morning, then fell 146 points intraday, took support around 17,250 & recovered 87 points & finally closed at 17,303.95
#StockMarket #nseindia #BSE
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✦Indices opened flat in the morning & #Nifty was consolidating between 17,300 & 17,400 in the morning, then fell 146 points intraday, took support around 17,250 & recovered 87 points & finally closed at 17,303.95
#StockMarket #nseindia #BSE
1/5
#India: Market Close
✦Mid-caps & small-caps witness buying pressure as their respective indices rose 0.74% & 0.41%. Pharma, Healthcare & Oil & Gas stocks drag the index, while Media, Real Estate & Auto stocks rise
#StockMarket #nseindia #BSE
2/5
✦Mid-caps & small-caps witness buying pressure as their respective indices rose 0.74% & 0.41%. Pharma, Healthcare & Oil & Gas stocks drag the index, while Media, Real Estate & Auto stocks rise
#StockMarket #nseindia #BSE
2/5
#India: Market Close
✦#ZeeEntertainment rose 6.26% after #NCLAT granted a stay on the #NCLT order with respect to IBC proceedings initiated against the company
#StockMarket #nseindia #BSE
3/5
✦#ZeeEntertainment rose 6.26% after #NCLAT granted a stay on the #NCLT order with respect to IBC proceedings initiated against the company
#StockMarket #nseindia #BSE
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#India: Pre-Open
✦#SGXNifty is ▲2.5 points & Asian markets are up, indicating a positive bias for Indian markets
#StockMarket #nseindia #BSE
✦#SGXNifty is ▲2.5 points & Asian markets are up, indicating a positive bias for Indian markets
#StockMarket #nseindia #BSE
#India: Pre-Open
✦#NCLAT has granted a stay on the #NCLT order with respect to IBC proceedings initiated against #Zee. Accordingly, Zee will move out of the IBC framework, and the corresponding surveillance actions on the company will be reverted
#StockMarket #nseindia #BSE
✦#NCLAT has granted a stay on the #NCLT order with respect to IBC proceedings initiated against #Zee. Accordingly, Zee will move out of the IBC framework, and the corresponding surveillance actions on the company will be reverted
#StockMarket #nseindia #BSE
#India: Pre-Open
✦#TataSteel has received approval from the Committee of Directors for allotment of 2.15 lakh NCDs, with an 8.03% fixed coupon rate, having a FV of Rs 1 lakh, amounting to Rs 2,150 crore, for a tenor of 5 years, to investors on a private placement basis
#NSE
✦#TataSteel has received approval from the Committee of Directors for allotment of 2.15 lakh NCDs, with an 8.03% fixed coupon rate, having a FV of Rs 1 lakh, amounting to Rs 2,150 crore, for a tenor of 5 years, to investors on a private placement basis
#NSE
.@RahulGandhi&mainstream media kept spewing lies about how #AnilAmbani was favoured,in #Rafale deal,but today when PSB #SBI has dragged Anil's #RComm,to #NCLT in a 1200Cr loan default, @INCIndia&its media cronies are quiet--This should have been mainstream news
#RCommBankruptcy
#RCommBankruptcy
Loans of Rs 565Cr&635Cr were given to #RComm&RTIL in Aug 2016 by SBI
In Sep2016,#AnilAmbani provided personal guarantee for availing credit facility
In 2017,accounts of #RComm &RITL were held to be in default, since Aug2016.
In Jan2018,#SBI invoked guarantee issued by Anil
In Sep2016,#AnilAmbani provided personal guarantee for availing credit facility
In 2017,accounts of #RComm &RITL were held to be in default, since Aug2016.
In Jan2018,#SBI invoked guarantee issued by Anil
"Sec 60(2) of #IBC provides for proceedings against personal guarantors,running parallel to #CIRP;False to assume,no action can be taken against guarantors until #ResolutionPlan is accepted,"said NCLT
Clearly,IBC,by @narendramodi gov is a powerful tool to nail wilful defaulters
Clearly,IBC,by @narendramodi gov is a powerful tool to nail wilful defaulters
#AGR case: #SC to resume hearing in a few minutes
@reliancejio @RCommCare @Aircel @Airtel_Presence @VodafoneIN @VideoconTelecom
@reliancejio @RCommCare @Aircel @Airtel_Presence @VodafoneIN @VideoconTelecom
SC resumes hearing in AGR case
NK Kaul appearing for @VideoconTelecom's resolution professional: #AGR dues stand crystallized at 1376 cr
NK Kaul appearing for @VideoconTelecom's resolution professional: #AGR dues stand crystallized at 1376 cr
SC: Once there is transfer of #spectrum, if it's @VideoconTelecom or @Airtel_Presence's liability, that is to be decided by us
" काही दिवसांपूर्वी #Technical_Write_Off करण्यावरून खूप गदारोळ झाला होता, आणि असं सांगितलं जात होतं की #Technical_Write_Off म्हणजे कर्जमाफी नाही, केलेल्या कर्जाची वसुली सुरूच राहते. या पार्श्वभूमीवर मी State Bank of India ला माहिती अधिकारात 2012-13 ते 2019-20 या 8
वर्षांत दरवर्षी 100 कोटींच्या वर थकीत कर्ज असलेल्या आणि #Technical_Write_Off केलेल्या #Loan_Accounts ची नावं मागितली होती आणि या प्रत्येक लोनची #Technical_Write_Off केल्या नंतरच्या प्रत्येक वर्षात किती वसुली झाली याची माहिती मागितली, जी स्टेट बँकेने ही माहिती एकत्रित उपलब्ध
नसल्यामुळे ती गोळा करण्यासाठी बँकेचे रिसोर्सेस मोठ्या प्रमाणावर वळवावे लागतील असे कारण सांगून नाकारली , मी State Bank चा #Share_Holder असल्याने मी आज झालेल्या State Bank च्या वार्षिक सर्वसाधारण सभेत प्रश्न उपस्थित करण्यासाठी #Share_Holder म्हणून हीच माहीती 22 जून ला मागितली, 2
#Moodys has pulled down its growth forecast for FY19 to 5.8%. Only surprise is why it’s not even lower. In the past year growth has collapsed from 8% to 5%. /1
@threadreaderapp
#India #CPI #GDP #RBI #bonds #inflation #ratecut #NBFC #jobs #credit #NPA #NCLT #growth
@threadreaderapp
#India #CPI #GDP #RBI #bonds #inflation #ratecut #NBFC #jobs #credit #NPA #NCLT #growth
