Nclt
Latest news, explainers and analysis on Nclt. Tracking 3 stories on Arth Vani.
Connected in the graph
Latest on Nclt
NCLT: Creditors Can't Seek More After Debt Resolution Plan Approved
The National Company Law Tribunal (NCLT) has delivered a significant ruling, stating that once a company's debt resolution plan is approved and creditors' dues are settled, they cannot pursue further claims. This decision prevents creditors from seeking additional recoveries, even from group companies or through guarantees, bringing much-needed finality to corporate insolvency cases in India.
Bad Bank NARCL Recovers ₹575 Crore from Agson Global, Boosting Bank Books
India's state-backed 'bad bank', NARCL, has successfully recovered ₹575 crore from aroma manufacturer Agson Global. This marks a significant win for public sector lenders who received nearly ₹200 crore more than their initial security value.
BreakingJAL Shares to Delist on Thursday: 6 Lakh Shareholders to Receive Zero Value
Jaiprakash Associates (JAL) will be removed from the BSE and NSE on June 18 following its acquisition by the Adani Group. Under the court-approved insolvency plan, the existing equity is being completely extinguished, leaving retail investors with no compensation.
Some listings may be sponsored and Arth Vani may earn a referral fee. All information is for educational purposes only — verify terms and suitability with the provider before acting. Not financial advice.