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UFO and QUBE Merger stalled!! | M&A Critique - 0 views

mnacritique.mergersindia.com/iez-qube-merger-nclt-dismissed

Qube Cinema UFO Moviez merger Chennai NCLT Mumbai scheme rejected

shared by mnacritique on 06 May 19 - No Cached
  • mnacritique on 06 May 19
     
    In November 2017, Qube Cinema Technologies and UFO Moviez announced the merger of their businesses. Even after part of the scheme was approved by the Chennai NCLT bench, the scheme was rejected by the Mumbai NCLT in the last week of January 2019.
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NCLT clears state-owned NBCC's bid for Jaypee Infratech | M&A Critique - 0 views

mnacritique.mergersindia.com/bcc-insolvency-resolution-nclt

Jaypee Infratech nclt nbcc acquisition insolvency process IBC

shared by mnacritique on 27 Aug 20 - No Cached
  • mnacritique on 27 Aug 20
     
    NBCC got the final approval from the National Company Law Tribunal (NCLT) to acquire debt-ridden township developer Jaypee Infratech under the insolvency process.
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NCLT approves Dalmia Cement's plan to revive Murli Industries | M&A Critique - 0 views

mnacritique.mergersindia.com/ent-murli-industrie-insolvency

Dalmia Cement Murli Industries Bharat resolution plan NCLT

shared by mnacritique on 30 Sep 19 - No Cached
  • mnacritique on 30 Sep 19
     
    After a long-drawn case, the National Company Law Tribunal (NCLT) Mumbai has given approval to Dalmia Cement (Bharat) regarding the resolution plan for the revival of Murli Industries.
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Bombay High Court strikes down NCLT's insolvency order on Rolta India | M&A Critique - 0 views

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Rolta India NCLT proceedings Bombay High Court Corporate Insolvency Resolution Process

shared by mnacritique on 25 Feb 20 - No Cached
  • mnacritique on 25 Feb 20
     
    In a Landmark ruling high court squash the NCLT order of Insolvency Resolution Process against Rolta India Ltd and also through some lights on when Hight court can issue writ of certiorari.
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Scheme Rejected - Gabs Investments and Ajanta Pharma Merger | M&A Critique - 0 views

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Gabs Investments Ajanta Pharma Merger scheme of amalgamation NCLT

shared by mnacritique on 29 Oct 18 - No Cached
  • mnacritique on 29 Oct 18
     
    NCLT rejected the scheme of amalgamation of Gabs Investments and Ajanta Pharma on grounds on GAAR.
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Monnet Ispat gets a new life lease | M&A Critique - 0 views

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Monnet Ispat JSW AION Investment NCLT Insolvency Resolution Process IBC

shared by mnacritique on 22 Nov 18 - No Cached
  • mnacritique on 22 Nov 18
     
    Monnet Ispat, one of the first twelve companies recommended by RBI for Insolvency Resolution Process sails through the process and resolution plan as submitted by JSW & AION Investment approved by the NCLT. This article analyzes the resolution plan and whether any value is created for its various stakeholders.
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Income Tax dues are operational debts under IBC | M&A Critique - 0 views

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Insolvency and Bankruptcy Code IBC Income Tax NCLT CIRP

shared by mnacritique on 17 May 19 - No Cached
  • mnacritique on 17 May 19
     
    Center has set up National Company Law Tribunal (NCLT) on June 1, 2016, to look into cases relating to insolvency and bankruptcy of companies, especially those that have a huge bank debt.
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Stamp duty on High Court/NCLT orders of Amalgamations of Companies in Different States ... - 0 views

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Stamp duty High Court NCLT Amalgamations mergers

shared by mnacritique on 19 Jun 19 - No Cached
  • mnacritique on 19 Jun 19
     
    Stamp duty applicability on amalgamation on companies in different states has always been ambiguous even after numerous decision taken by high courts of various states. In this article, we once again look at the ambiguity and implication on the transaction cost for companies doing amalgamation.
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Jet Airways goes to NCLT | M&A Critique - 0 views

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Jet Airways NCLT Insolvency and Bankruptcy Code IBC National Company Law Tribunal

shared by mnacritique on 19 Aug 19 - No Cached
  • mnacritique on 19 Aug 19
     
    Jet Airways will be the first airlines company in the country to go into bankruptcy, as it owes over Rs 8,000 crore to banks and thousands of crores to vendors, lessors and employees.
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Timken India: Acquires ABC Bearing | M&A Critique - 0 views

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Acquisition Timken ABC Bearing NCLT

shared by mnacritique on 22 Sep 17 - No Cached
  • mnacritique on 22 Sep 17
     
    Scheme of Amalgamation between ABC Bearing Ltd (Transferor) and Timken India Ltd (Transferee) and their respective shareholders and creditors. Consideration being 5 equity shares of Rs 10 each of Transferee company for every 8 equity shares of Rs 10 each of transferor company. Appointed date is date on which the last of the sanction orders is passed or such other date as the NCLT may direct.
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MERGER OF LLP INTO COMPANY | M&A Critique - 0 views

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NCLT Merger LLP Company Companies Act 2013

shared by mnacritique on 20 Aug 18 - No Cached
  • mnacritique on 20 Aug 18
     
    There does not appear any express legal bar to allow/sanction merger of an Indian LLP with an Indian company. Accordingly, the petition for the merger of LLP with the company was allowed
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Arcelor Mittal enters India by acquiring Essar Steel via IBC route | M&A Critique - 0 views

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Essar Steel NCLAT ArcelorMittal NCLT IBC acquisition Supreme Court

shared by mnacritique on 20 Feb 20 - No Cached
  • mnacritique on 20 Feb 20
     
    Arcelor Mittal finally acquires Essar steel through IBC after Supreme Court judgement in their favour. In this article we cover various legal hurdles/ challenges arise due to NCLAT order and how supreme court dealt with it.
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Impact Analysis of Bhushan Steel Resolution plan | M&A Critique - 0 views

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Bhushan Steel NCLT Tata Limited Bamnipal CIRP Insolvency Process resolution plan

shared by mnacritique on 09 Oct 19 - No Cached
  • mnacritique on 09 Oct 19
     
    Bhushan Steel was acquired by Tata Steel Ltd through IBC route and later on renamed it to Tata Steel BSL Ltd. Analysis of impact of the resolution plan on its financial and other stakeholders is carried out through this article
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Jet Airways Cross Border Insolvency Proceedings - 0 views

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Corporate Resolution Process Jet Airways insolvency proceedings NCLAT NCLT

shared by mnacritique on 28 Nov 19 - No Cached
  • mnacritique on 28 Nov 19
     
    This article deals with the cross border insolvency challenges which arises from the Jet Airways Insolvency Resolution Process (CIRP).
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Orient Refractories - RHI Magnesita Composite Scheme rejected | M&A Critique - 0 views

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Orient Refractories RHI Magnesita merger India Clasil NCLT Demerger

shared by mnacritique on 05 Oct 20 - No Cached
  • mnacritique on 05 Oct 20
     
    The merger was to consolidate India business of RHIM Group, by which two private limited companies will merge into the listed entity Orient Refractories Limited and RHI Magnesita, the Parent Company will have an approximately 70% stake in the Orient Refractories which will be renamed RHI Magnesita India.
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