NCLT - newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra https://newsmantra.in/tag/nclt/ Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra Mon, 12 May 2025 09:40:38 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.3 https://newsmantra.in/wp-content/uploads/2019/05/cropped-newmantra-logo-32x32.png NCLT - newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra https://newsmantra.in/tag/nclt/ 32 32 Banks Urged To Expedite Insolvency Resolution Process at NCLT https://newsmantra.in/banks-urged-to-expedite-insolvency-resolution-process-at-nclt/ Mon, 12 May 2025 09:40:38 +0000 https://newsmantra.in/?p=62248 Shri M. Nagaraju, Secretary of the Department of Financial Services, chaired a review meeting to assess the progress of Public Sector Banks in clearing pending cases at the National Company Law Tribunal (NCLT). The meeting focused on enhancing the effectiveness of the insolvency resolution process by urging banks to expedite...

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]]> Shri M. Nagaraju, Secretary of the Department of Financial Services, chaired a review meeting to assess the progress of Public Sector Banks in clearing pending cases at the National Company Law Tribunal (NCLT). The meeting focused on enhancing the effectiveness of the insolvency resolution process by urging banks to expedite CIRP filings, minimize delays, and oppose frivolous adjournments. Banks were advised to regularly review their top twenty cases, monitor those pending with the Committee of Creditors for over three months, and work to vacate stay orders to resume resolution swiftly. The session emphasized strengthening recovery efforts through coordinated actions to ensure a more efficient and robust insolvency resolution framework.

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]]> Rajeev Kumar Singhal assumes charge as Director (Business Development), GAIL https://newsmantra.in/rajeev-kumar-singhal-assumes-charge-as-director-business-development-gail/ Wed, 29 Nov 2023 05:11:40 +0000 https://newsmantra.in/?p=32885 Shri  Rajeev Kumar Singhal assumed charge as the Director (Business Development), GAIL (India) Limited . He joined GAIL in 1989 as an Assistant Executive Engineer and has spent more than three decades at GAIL in various roles.   He has gained extensive exposure in the operation and maintenance of natural...

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]]> Shri  Rajeev Kumar Singhal assumed charge as the Director (Business Development), GAIL (India) Limited . He joined GAIL in 1989 as an Assistant Executive Engineer and has spent more than three decades at GAIL in various roles.

 

He has gained extensive exposure in the operation and maintenance of natural gas installations, SCADA/Telecom, LNG sourcing, trading, shipping, marketing, and business development activities covering mergers and acquisitions, diversification, renewables/green hydrogen, etc.

 

Some of his notable achievements include marketing US LNG to six fertilizer plants under a long-term contract, renegotiating LNG sourcing contracts from Qatar and Russia, spearheading the acquisition of JBF Petrochemical Limited through NCLT, setting up India’s first Small Scale LNG project, and acquiring a 26% stake in Japonica, an LNG vessel company.

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