In insolvency proceedings, Ericsson will be treated as only an operational creditor and may end up losing the Rs 550
Move to meet tribunal’s mandate Six additional posts of judicial and technical members will be created in the National Company
“BSNL has aready invoked bank guarantee of around ₹100 crore submitted by RCom for default on payments,” according to sources
SC had asked Reliance Communications to pay Ericsson’s dues within four weeks The National Company Law Appellate Tribunal (NCLAT) on
IndusInd Bank has approached the National Company Law Appellate Tribunal (NCLAT) to recover outstanding interest amount of Rs 25 crore
However, rival ArcelorMittal has to clear the dues of 2 firms to be eligible to bid The National Company Law
A petition was filed before the appellate tribunal against the July 9 order of the Mumbai bench of the NCLT.
The NCLAT on Wednesday reserved its order on the petitions filed by ArcelorMittal and Russia’s VTB Capital-backed Numetal over issues