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NCLAT Asks Numetal, ArcelorMittal to Tell Why Their Bids for Essar Steel Should be Considered(18.07.2018)

National Company Law Appellate Tribunal (NCLAT) has directed Numetal Ltd and ArcelorMittal India Ltd, which were disqualified under Section 29(A) of I.....

Tags : NCLAT, Numetal, ArcelorMittal

Prove Charge of Deceit Against ArcelorMittal: Supreme Court to Numetal(19.09.2018)

Supreme Court has asked Numetal, which was against ArcelorMittal (AM) to stop it from bidding for Rs 50,000 crore debt-ridden Ruias-led Essar Steel, t.....

Tags : Supreme Court, Numetal, ArcelorMittal

NCLT Directs Liquidation of Adhunik Metaliks, Zion Steel(09.07.2019)

National Company Law Tribunal (NCLT) Cuttack Bench has ordered Kolkata-based Adhunik Metaliks and Zion Steel to be liquidated after Liberty House fail.....

Tags : NCLT, Adhunik Metaliks

SC Grants Opportunity to ArcelorMittal, NuMetal to Bid for Essar Steel(04.10.2018)

Supreme Court has granted one more opportunity to mining major ArcelorMittal and Russia’s VTB Capital-backed NuMetal to bid for Essar Steel if they cl.....

Tags : Supreme Court, ArcelorMittal, NuMetal, Essar Steel

NCLT Orders Metalyst Forgings Rebid(09.10.2019)

National Company Law Tribunal’s (NCLT) Mumbai bench has ordered a fresh round of bidding for stressed auto forgings company Metalyst Forgings after fi.....

Tags : NCLT, Metalyst Forgings

Bombay HC Permits Merger between Tata Steel and Tata Metaliks(21.09.2015)

Bombay High Court has approved scheme of amalgamation between steel producer and Tata Metaliks and Tata Metaliks Dl Pipes along with their respective .....

Tags : Bombay High Court,Tata Steel , Tata Metaliks

Competition Commission of India Imposes Penalty on Meta for Abusing its Dominant Position(19.11.2024)

The Competition Commission of India has imposed a penalty of Rs. 213.14 Crore on Meta that is owned by Mark Zuckerberg, for abusing its dominant posit.....

Tags : Competition Commission, Meta, Dominant Position

Delhi HC: Person Flying Kites Can't Modify Thread to Sharpen it With Metallic/Glass Components(08.09.2022)

Delhi High Court has held that a person engaged in kite flying cannot modify the kite flying thread to sharpen it by using sharp metallic or glass com.....

Tags : Delhi High Court, Kite Flying, Metallic/Glass Component

Titanium Company Scam: Kerala High Court Orders CBI Investigation(16.11.2023)

Kerala HC has directed the Central Government to order the CBI to investigate the corruption allegations involving high officials of Titanium Company .....

Tags : Kerala HC , CBI , Titanium Company , Metallurgical & Engineering Consultants (India) Limited

Notifications & Circulars

Central Government hereby notifies the dealers in precious metals, precious stones as persons carrying on designated businesses or professions(28.12.2020)

In exercise of the powers conferred by sub-clause (iv) of clause (sa) of sub-section (1) of section 2 of the Prevention of Money-laundering Act, 2002 .....

Tags : Dealers, Precious metals, Designated businesses