NCLAT adjourned the hearing on the plea filed by McDonald's Bakshi for a fair valuation of his stake at CPRL.
LIC Housing Finance has settled loan dispute with DB Realty and also withdrawn its application before the National Company Law Tribunal to start insolvency process.
NCLT has approved the withdrawal of merger deal between Reliance Communications and Aircel, as per a regulatory filing.
The SC restrained the promoters of real estate major Amrapali Group from leaving the country.
SBI Managing Director P K Gupta said banks should use the best available mechanism to recover bad loans and the NCLT route cannot be used effectively in all NPA cases.