{"id":291305,"date":"2019-09-12T06:43:19","date_gmt":"2019-09-12T06:43:19","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=291305"},"modified":"2019-09-12T06:43:19","modified_gmt":"2019-09-12T06:43:19","slug":"nclat-impleads-sebi-as-a-party-in-the-plea-filed-by-ril-in-alok-industries-matter","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/nclat-impleads-sebi-as-a-party-in-the-plea-filed-by-ril-in-alok-industries-matter\/","title":{"rendered":"NCLAT impleads Sebi as a party in the plea filed by RIL in Alok Industries matter"},"content":{"rendered":"<p>New Delhi: The National Company Law Appellate Tribunal (NCLAT) has impleaded the market regulator SEBI as a party in a petition filed by Reliance IndustriesNSE -0.71 % Ltd, which is seeking waiver in delisting procedure for Alok IndustriesNSE -8.62 %.<\/p>\n<p>A two-member NCLAT bench headed by Chairman Justice S J Mukhopadhaya has issued notice to the Securities and Exchange Board of India (Sebi) as a proforma respondent for this.<\/p>\n<p>RIL has got debt-ridden Alok Industries in its fold after the Ahmedabad bench of National Company Law Tribunal (NCLT) approved its Rs 5,050-crore resolution plan earlier this year in March.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi: The National Company Law Appellate Tribunal (NCLAT) has impleaded the market regulator SEBI as a party in a petition filed by Reliance IndustriesNSE -0.71 % Ltd, which is seeking waiver in delisting procedure for Alok IndustriesNSE -8.62 %. A two-member NCLAT bench headed by Chairman Justice S J Mukhopadhaya has issued notice to the Securities and Exchange Board of India (Sebi) as a proforma respondent for this. RIL has got debt-ridden Alok Industries in its fold after the Ahmedabad bench of National Company Law Tribunal (NCLT) approved its Rs 5,050-crore resolution plan earlier this year in March.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,191,136],"tags":[],"class_list":["post-291305","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/291305","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=291305"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/291305\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=291305"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=291305"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=291305"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}