Company Law Board restricts Uninor from auctioning assets
August 9th, 2012 - 7:39 pm ICT by IANS
New Delhi, Aug 9 (IANS) The Company Law Board (CLB) Thursday restricted Uninor from auctioning its business and assets."I allow the application and injunct the respondent (Uninor) from taking any ... Read more...
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Company Law Board stays Uninor’s proposed asset auction
August 3rd, 2012 - 8:31 pm ICT by IANS
New Delhi, Aug 3 (IANS) The Company Law Board (CLB) Friday ordered telecom service provider Uninor not to proceed with its plan of auctioning its assets.The CLB will hear the ... Read more...
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Court seeks Unitech Wireless reply on Telenor plea
June 20th, 2012 - 8:46 pm ICT by IANS
New Delhi, June 20 (IANS) The Delhi High Court Wednesday sought a response from Unitech Wireless on a plea filed by its joint venture partner in India, Telenor, that ... Read more...
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Telenor confident of roping in new partner before auction
May 31st, 2012 - 8:14 pm ICT by IANS
New Delhi, May 31 (IANS) Norwegian firm Telenor Thursday said it is confident of roping in a new partner before the 2G spectrum auction takes place."If we have to go ... Read more...
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Telenor-Unitech case referred to international arbitration
April 12th, 2012 - 8:49 pm ICT by IANS
New Delhi, April 12 (IANS) India-based realty firm Unitech Thursday said the Company Law Board (CLB) has accepted the firm's plea to resolve its dispute with Norway-based Telenor through international ... Read more...
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Company Law Board suggests mediation to Telenor, Unitech
March 1st, 2012 - 10:03 pm ICT by IANS
New Delhi, March 1 (IANS) The Company Law Board (CLB) Thursday returned the petitions filed by Norway-based Telenor and India's Unitech, citing technical errors, and asked the firms to resolve ... Read more...
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Vedanta-Cairn deal depends on shareholders approval: Khurshid
August 25th, 2010 - 10:20 pm ICT by IANS
New Delhi, Aug 25 (IANS) Corporate Affairs Minister Salman Khurshid said Wednesday the government will not have any problem with London-based Vedanta Resources acquiring Cairn India, if shareholders of the upstream oil ... Read more...
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No special favours to Mahindra Satyam: Minister
November 26th, 2009 - 7:14 pm ICT by IANS
New Delhi, Nov 26 (IANS) Corporate Affairs Minister Salman Khurshid Thursday said his ministry had granted no special favours to Mahindra Sataym in giving it extra time to state its book of ... Read more...
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Company Law Board may collapse if law tribunal doesn’t work
October 21st, 2009 - 11:27 pm ICT by IANS
Kolkata, Oct 21 (IANS) Emphasising the importance of the proposed National Company Law Tribunal (NCLT), Company Law Board (CLB) chairman S. Balasubramanian Wednesday said it will be difficult for CLB to continue ... Read more...
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New Maytas management weighing capital raising options
September 1st, 2009 - 5:51 pm ICT by IANS
Hyderabad, Sep 1 (IANS) Infrastructure Leasing and Financial Services (IL&FS), the new management of city-based construction firm Maytas Infra, Tuesday said it would look at recapitalising the company through routes like a ... Read more...
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IL and FS to be new promoter of Maytas Infra Limited
August 31st, 2009 - 7:24 pm ICT by ANI
New Delhi, Aug 31(ANI): The Company Law Board (CLB) on Monday allowed the application of Maytas Infra Limited (MIL) to hand over the management of the company to Infrastructure Leasing and Financial ... Read more...
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Birla Corp AGM adjourned till Aug 24 (Lead)
July 27th, 2009 - 9:45 pm ICT by IANS
Kolkata, July 27 (IANS) The annual general meeting (AGM) of Birla Corp held here Monday was adjourned to Aug 24, a company release stated.
"The annual general meeting of Birla Corporation Limited, held ... Read more...
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High drama at Birla Corp annual meeting
July 27th, 2009 - 6:26 pm ICT by IANS
Kolkata, July 27 (IANS) Birla Corp's annual general meeting (AGM) here Monday saw high drama over who would chair the event in the backdrop of multiple legal petitions including one in the ... Read more...
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Consumer forum rejects compensation plea of Satyam investors
May 11th, 2009 - 7:14 pm ICT by IANS
New Delhi, May 11 (IANS) A consumer redressal forum Monday to hear an investor body's petition seeking a compensation of nearly Rs.5,000 crore (50 billion) for 300,000 retail shareholders of fraud-hit ... Read more...
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GHCL’s Dalmia hits back at major shareholder
May 1st, 2009 - 7:06 pm ICT by IANS
New Delhi, May 1 (IANS) Gujarat Heavy Chemicals (GHCL) promoter and chairman Sanjay Dalmia Friday hit back at a prominent shareholder over allegations of fudging accounts, among other things, saying the person ... Read more...
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Tech Mahindra gets Company Law Board nod for Satyam buy
April 16th, 2009 - 3:46 pm ICT by IANS
New Delhi, April 16 (IANS) India's Company Law Board (CLB) Thursday approved the takeover of fraud-hit Satyam Computer Services by outsourcer Tech Mahindra Ltd.
"Having convinced myself that the board of directors has ... Read more...
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Tech Mahindra wins bid for Satyam Computer
April 13th, 2009 - 2:15 pm ICT by IANS
Mumbai, April 13 (IANS) Tech Mahindra, the IT arm of auto major Mahindra and Mahindra, Monday won the bid for India's fourth largest software exporter Satyam Computer.
Satyam's new board of directors, which ... Read more...
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Satyam’s new owner likely to be known Monday
April 12th, 2009 - 5:49 pm ICT by IANS
Bangalore, April 12 (IANS) India's fourth largest software exporter Satyam Computer will get a new buyer Monday, a little over three months after its founder B. Ramalinga Raju shocked India Inc ... Read more...
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Satyam board meets to discuss on induction of a strategic partner
February 21st, 2009 - 2:53 pm ICT by ANI
Hyderabad, Feb 21 (ANI): The Satyam Computers Services board began it''s meeting here today to figure out the process of finding a strategic partner for the scam hit IT company.
The board ... Read more...
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L&T studying permission given to Satyam to get strategic investor
February 20th, 2009 - 3:48 pm ICT by IANS
Mumbai, Feb 20 (IANS) Infrastructure and construction major Larsen and Toubro (L&T) Friday said it was studying the go-ahead given to scam-hit Satyam Computer Services to rope in a strategic investor with ... Read more...
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Tarun Das among three new directors on Satyam board (Roundup)
January 15th, 2009 - 8:35 pm ICT by IANS
New Delhi, Jan 15 (IANS) The government Thursday named three more directors to the Satyam Computer Services board, including Tarun Das, chief mentor of the Confederation of Indian Industry (CII), even as ... Read more...
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Emami in talks with Zandu Pharma over management sharing
August 25th, 2008 - 8:37 pm ICT by IANS
Kolkata, Aug 25 (IANS) City-based fast moving consumer goods manufacturer Emami Ltd, which holds 27.5 percent stake in Zandu Pharmaceuticals Works Ltd, is in talks with the pharma company's promoters for a ... Read more...
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Sale of Ambalal Sarabhai properties stayed
March 12th, 2008 - 9:34 pm ICT by admin
Mumbai, March 12(IANS) The company law board (CLB) has stayed the sale of properties of the Ambalal Sarabhai Enterprises Ltd following a litigation filed before it by a group of shareholders. The ... Read more...
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