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Sunday, October 12, 2025
TopicNCLAT

Topic: NCLAT

Supreme Court clears way for ArcelorMittal to acquire Essar Steel

The Supreme Court allowed ArcelorMittal to complete its acquisition of Essar Steel India Ltd. by setting aside NCLAT’s order that gave secured and unsecured creditors equal right over sale proceeds.

Why Essar Steel insolvency case is back in Supreme Court, mocking hope of swift resolution

Since the first RBI order in June 2017, the Essar Steel insolvency case has shuttled between NCLT, Gujarat HC, NCLAT and the Supreme Court.

Court blocks JSW Steel’s $2.8 billion buyout of Bhushan Power

The Enforcement Directorate has taken over the assets of Bhushan Power as it investigates allegations of money laundering by its former owners.

Failing to challenge NCLAT’s loan classification can further damage RBI’s credibility

The National Company Law Appellate Tribunal ordered that no lender can declare its exposure to embattled IL&FS Group as non-performing without its permission.

On Camera

India must fight terror but avoid being seen as acting at America’s behest: G Parthasarathy

On 19 June 2004, G Parthasarathy, India's former Ambassador to several countries, spoke at the Nani Palkhivala Memorial Lecture, examining India’s foreign policy challenges in the aftermath of the 9/11 attacks.

Niti Aayog recommends fully decriminalising 12 offences under new I-T Act to ‘foster more trust’

Recommendations appear in Niti Aayog’s Tax Policy Working Paper Series–II. It says there is a need to shift away from fear-based enforcement to trust-based governance.

India, UK sign £350 mn deal for Martlet. What are these Lightweight Multirole Missiles

In service with the British military since 2019, it is also known as the Martlet missile. Ukrainians have also deployed these missiles against Russian troops.

CJI, IPS, IAS & Homebound: A wake-up call 75 years in the making

Education, reservations, govt jobs are meant to bring equality and dignity. That we are a long way from that is evident in the shoe thrown at the CJI and the suicide of Haryana IPS officer. The film Homebound has a lesson too.