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NCLT extends Rel Cap resolution deadline to Jan 31, 2023

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Mumbai, Oct 18 (IANS) NCLT extends Reliance Capital (NS:) resolution process completion deadline to January 31, 2023. The earlier deadline was November 1, 2022. This is the third extension, as the timeline has been extended twice in the past. As per the Insolvency and Bankruptcy Code (IBC) rules, the administrator had to originally close the …

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NCLT allows Zee to hold shareholders’ meeting for proposed merger with Sony

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New Delhi, Sep 7 (IANS) The National Company Law Tribunal (NCLT) has allowed Zee Entertainment to conduct the shareholders’ meeting for the proposed merger with Sony. “The Mumbai bench of National Company Law Tribunal (NCLT) has directed in its order that a meeting of the equity shareholders of Zee Entertainment Enterprises Ltd. (NS:) be convened …

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