In 2016, disputes had arisen between the Sarkar family members with respect to the
control of the ABP Group. In April 2017, a memorandum of family settlement was executed.
The creditor, Chevrox Constructions, informed the appellate tribunal that it had received the entire debt amount from the government company, Bridge and Roof. In light of this, the NCLT order was set aside.
Tata Coffee Ltd s merger with Tata Consumer Products and TCPL Beverages & Foods gets NCLT Kolkata s nod, enhancing operational efficiency. Approved on November 10, 2023, the order was received by the company on December 1. This move aims to streamline management, boost synergy, and optimize operations for the global consumer product business. Tata Coffee primarily focuses on instant coffee extraction, branded coffee, and plantation activities. TCL s shares closed at Rs 279.75, marking a 0.68% increase on Friday s BSE.
The National Company Law Tribunal, Kolkata Bench has approved the Resolution Plan submitted by Dalmia Bharat Refractories Limited and Himadri Speciality Chemicals Limited in respect of Birla Tyres Limited.