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Viacom18 Star India merger: NCLT sets the ball rolling on merger of Reliance s arm Viacom18 and Star India

The merger scheme has two stages: the transfer of Viacom18 s TV and streaming assets to Digital18 and the demerger and vesting of these assets from Digital18 to Star India. As consideration for the scheme, Viacom18 will transfer streaming platform JioCinema to Digital18, which will pay the company a consideration of Rs 24,186 crore through an allotment of 24.18 billion fully paid-up shares of Rs 10 each.

Ashishk singhJames murdochJagmohan singhWalt disneyUday shankarKishore vemulapalliJustice suresh chandrakant gupteNaina krishna murthyJustice gupteBn associatesKrishnamurthy coNational company law tribunalRegistrar of companiesReliance industries ltd viacomCompetition commission of indiaReliance industries ltd

Mukesh Ambani gets thumbs up for massive Rs 703520000000 business, NCLT approves plan to…

Mukesh Ambani gets thumbs up for massive Rs 703520000000 business, NCLT approves plan to…
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Kishore vemulapalliJagmohan singhMukesh ambaniNita ambaniUday shankarNational company law tribunalDisney indiaWalt disneyEconomic timesManu jagmohan singhStar india

Blade maker Supermax goes into bankruptcy

The operational creditor had approached the tribunal in September last year after Supermax Personal Care defaulted on its dues of ₹1.97 crore.

Kishore vemulapalliKshitiz guptaAshish pyasiJagmohan singhNational company law tribunalMax groupSupermax groupSupermax personal careManu jagmohan singhAndri legalNimbus packagingPersonal careSupermax bladeBlade company

NCLT admits plea to initiate insolvency against Sahara Group entity Sahara Q Shop

The Sahara Group company had entered into a service agreement with the Sigma Supply Chain Solution for handling, storage, maintenance, administration, distribution and arrangement of goods from the Sahara Q Shop at different places across the country.

Subrata roySandeep bajajNausher kohliJagmohan singhKishore vemulapalliSigma supply chain solution pvt ltdNational company law tribunalSahara groupSahara india pariwarSaharaq shop unique products range ltdCorporate insolvency resolution processUdaykumar bhaskar bhatSigma supply chain solutionSaharaq shopManu jagmohan singhBankruptcy board

Bombay Rayon Fashion heads for liquidation

The National Company Law Tribunal (NCLT), while allowing an application to admit the liquidation company, also appointed lenders and resolution professional recommended Truvisory Insolvency Professionals (IPE) as its liquidator.

Jagmohan singhKishore vemulapalliNational company law tribunalBombay rayon fashionTruvisory insolvency professionalsBombay rayonManu jagmohan singhKey managerial personnelBankruptcy court