Hindustan Media Ventures Limited (HMVL) is one of India’s leading print media companies with its distribution spread across Delhi-NCR, Uttar Pradesh, Uttarakhand, Bihar and Jharkhand. Incorporated in July 9, 1918 under...
JTEKT strengthens muscles by increasing confidence in SONA
SONA KOYO STEERING SYSTEMS LIMITED (SKSS) is a manufacturer of steering systems in the passenger car and utility vehicle market in India, catering to passenger cars, utility vehicles and light commercial vehicles. SKSS...
Neeta Chemicals Vs State Bank of India
Fact of the Case: M/s Neeta Chemicals (I) Private Limited (‘Corporate Applicant’) filed an application under section 10 of the Insolvency and Bankruptcy Code (IBC), 2016 before NCLT which was dismissed and awarded cost...
BCL Homes Vs Canara Banks & Ors.
Fact of the case Corporate Debtor (CD) had made an application under section 10 of IBC, 2016 for initiation of Corporate Insolvency Resolution Process (CIRP) which was rejected by the NCLT taking into consideration the...
Magma Fincorp merges Magma ITL Finance
Magma Fincorp Limited (“Magma”) is a non-deposit taking non-banking finance company (NBFC), registered with the Reserve Bank of India (RBI) as an Asset Finance Company. The Company, having started operations over two...
List and Divest: Centre’s idea behind merger of three general insurers
In order to make government-owned general insurance companies profitable and achieve economies of scale, finance minister Arun Jaitley in this year's budget announced a plan to merge three insurers – National Insurance...
MPS Re-Structuring – For Regulatory Purpose?
MPS Limited (“MPS”), a listed pure-play publishing services company, provides platforms and services for content creation, full-service production, and distribution to the world’s leading publishers, learning companies...
Redemption Opportunity for Disqualified Directors
In September 2017, Ministry of Corporate Affairs (MCA) identified many directors associated with the companies that had failed to file financial statements or annual returns for a continuous period of three financial...