Posted inBusiness
Subhash Chandra Settlement Plan Placed on Hold Amid Massive Claims
The NCLT special bench has paused Subhash Chandra's Rs 6.25-cr settlement proposal in the face of staggering financial claims totaling Rs 22,006 cr.
Posted inBusiness
CCI Dismisses Massive Antitrust Complaint Against Reliance Jio and 4,500 Other Firms
The Competition Commission of India (CCI) has dismissed a sweeping antitrust complaint against telecom giant Reliance Jio Infocomm and over 4,500 other companies across multiple sectors. The regulator ruled in…
Posted inBusiness
Bank of Baroda Settles NMC Health Dispute for $600 Million
A Major Resolution in International BankingBank of Baroda, India's second-largest public sector lender, officially notified stock exchanges on Thursday, July 2, 2026, that it has reached a $600 million (approximately…
Posted inBusiness
NCLAT Rules ED Maintains PMLA Authority Over Insolvency Proceedings
The Jurisdictional BoundaryThe National Company Law Appellate Tribunal (NCLAT) delivered a landmark ruling this week in New Delhi, affirming that the Enforcement Directorate (ED) retains its authority under the Prevention…
