Another defaulters´ list sent to NCLT

Another defaulters´ list sent to NCLT Banks on Friday from the India´s second on large size corporate the National Company Tribunal (NCLT) for resolution This was after refused toaproposal from the banks to the rules in this regard for those companies which are close to a resolution.Videocon Industries, Jaiprakash Associates and Jayaswal Neco Industries now […]

Continue Reading

Banks to refer 25 firms on RBI’s second list to NCLT

Banks to refer 25 firms on RBI’s second list to NCLT Videocon, Anrak Aluminium, Jayaswal Neco Industries among total 28 firms on list Lenders have decided to refer 25 of 28 companies on the Reserve Bank of India’s second list of large corporate defaulters to the National Company Law Tribunal (NCLT) for initiation of insolvency […]

Continue Reading