NCLT asks Bhushan Steel creditors to consider Liberty House bid

The National Company Law Tribunal (NCLTNational Company Law Tribunal.  The Central Government has constituted National Company Law Tribunal (NCLT) under section 408 of the Companies Act, 2013 (18 of 2013) w.e.f. 01st June 2016. In the first phase the Ministry of Corporate Affairs have set up eleven Benches, one Principal Bench at New Delhi and one each Regional Benches at New Delhi, Ahmedabad, Allahabad, Bengaluru,... More) today asked the lenders of Bhushan Power & Steel, led by PNB, to consider

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SAIL, AAI sign MoU over use of SAIL airstrips

Steel Authority of India Ltd (SAIL) and Airports Authority of India (AAI) entered into a memorandum of understanding (MoUA memorandum of understanding (MoU) is an agreement between two (bilateral) or more (multilateral) parties. It expresses a convergence of will between the parties, indicating an intended common line of action. It is often used in cases where parties either do not imply a legal commitment or in situations where the parties cannot create a legally enforceable agreement... More) on

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