StartupsStartups Insights BYJU’S Insolvency: NCLAT Orders NCLT to Expedite BCCI’s Plea by Arti Singh February 8, 2025 February 8, 2025 The National Company Law Appellate Tribunal (NCLAT) has ordered the National Company Law Tribunal (NCLT) to decide on the settlement between BYJU’S and the Board of Control for Cricket in …
StartupsStartups Insights BYJU’S Directors Appeal NCLT Decision to Reinstating Lender by Arti Singh February 6, 2025 February 6, 2025 In a dramatic development, the suspended directors of the financially troubled edtech giant, Byju’s, have appealed to the National Company Law Appellate Tribunal (NCLAT), challenging the National Company Law Tribunal …
BusinessStartupsStartups Insights Zepto Secures NCLT Approval for Reverse Flip to India, Poised for IPO by Arti Singh January 14, 2025 January 14, 2025 Zepto, the Mumbai-based quick commerce startup, has secured approval from the National Company Law Tribunal (NCLT) for its merger with its Singapore-based affiliate, Kiranakart Pte Ltd. This decision allows Zepto …
BusinessStartupsStartups Insights NCLT Reserves Order on Appeals by BYJU’S Creditors Over CoC Inclusion by Arti Singh January 9, 2025 January 9, 2025 The National Company Law Tribunal (NCLT) has reserved its order regarding the appeals filed by two creditors, Glas Trust and Aditya Birla Finance, seeking to be included in the Committee …
BusinessStartups InsightsTechnology NCLT Opens Insolvency Proceedings Against Hero Electric Over Rs 1.85 Crore Vendor Dues by Arti Singh December 28, 2024 December 28, 2024 The National Company Law Tribunal (NCLT) has initiated insolvency proceedings against Hero Electric, following a petition filed by Metro Tyres, a supplier claiming a default of Rs 1.85 crore in …