Maha govt to HC, Legal News, ET LegalWorld – Legal Firms

The Maharashtra government on Monday informed the Bombay High Court that the land acquisition process on the entire line of the Mumbai-Ahmedabad bullet train project has been completed except the plot owned by Godrej & Boyce Manufacturing Co Ltd at suburban Vikhroli. The state government and the company are embroiled...

NCLT approves Sterling Biotech’s acquisition by US-based Perfect Day, Legal News, ET LegalWorld – Legal Firms

India’s bankruptcy court has approved US-based food technology startup Perfect Day’s acquisition of Sterling Biotech under the Insolvency & Bankruptcy Code (IBC).In April, the California-based company emerged successful with a bid of Rs 638 crore against the reserve price of Rs 548.46 crore for the debt-ridden company, which owes over...