Allcargo Logistics, a integrated logistics solutions provider, has completed the demerger of its International Supply Chain (ISC) business into a new listed entity named Allcargo Global, effective November 1, 2025.
#AllcargoLogistics #AllcargoGlobal #SupplyChain #logistics #NCLT
The recent twist began with the Centre flagging objections. In August the government told regulators & the #NCLT it needed more detail on Vedanta’s restructuring — concerns ranged from undisclosed liabilities to how oil assets were being treated — and the hearing was pushed out.
Challenges Remain: regulatory approvals, valuation consensus, lender consents due to SP’s pledged holding, and possible scrutiny by #NCLT or Securities and Exchange Board of India. Talks are at a preliminary stage and may still change shape.
Allcargo Logistics, India’s largest integrated logistics solutions provider, has received approval from the National Company Law Tribunal (NCLT), Mumbai Bench, for its Composite Scheme of Arrangement.
#AllcargoLogistics #NCLT #logistics #internationalbusinesses #domesticbusinesses
lawyer Prashant Patil had responded to these claims by stating that the case was tried in the #NCLT Mumbai in 2024 and that it was an old transaction.
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SBI to file CBI complaint after tagging RCom, Anil Ambani as ‘Fraud’: MoS Pankaj Chaudhary
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#AnilAmbani #RCOM #SBI #FinancialFraud #CBIComplaint #RBI #NCLT #CorporateInsolvency #IBC #ParliamentNews #BreakingNews #RelianceCommunications
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#JSWSteel #BhushanPower #SupremeCourtIndia #BankruptcyLaw #IBCIndia #InsolvencyReform #StressedAssets #LegalPrecedent #NCLT #IBC2024 #CreditorsRights
NCLT orders disciplinary action against Byju's Resolution Professional yespunjab.com?p=88194
#NCLTOrder #Byjus #ResolutionProfessional #DisciplinaryAction #CorporateNews #ByjusCrisis #LegalAction #BusinessNews #NCLT #CorporateGovernance
📢 Aakash Educational Services Appeals to NCLT
In a significant move, Aakash Educational Services has urged the National Company Law Tribunal (NCLT) to lift the stay order amid an ongoing investor dispute.
#AakashEducationalServices #NCLT #InvestorDispute #EducationNews #WorldKhabri