JTL Industries acquires RCI Industries for Rs 46.5 crore

The National Company Law Tribunal (NCLT), New Delhi Bench, has approved the resolution plan submitted by JTL Industries Limited for the insolvent RCI Industries and Technologies Limited, bringing a conclusion to a corporate insolvency resolution process (CIRP) that lasted nearly three years. The plan, valued at ₹46.50 crore, was approved by the Committee of Creditors…

TILT Holdings Initiates Restructuring Support Agreement with Senior Noteholders to Reduce Debt and Take the Company Private

TILT Holdings Inc. SCOTTSDALE, Ariz., Nov. 07, 2025 (GLOBE NEWSWIRE) — TILT Holdings Inc. (“TILT” or the “Company”) (Cboe CA: TILT) (OTCID: TLLTF), a global provider of cannabis business solutions including inhalation technologies, cultivation, manufacturing, processing, brand development and retail, announced it has reached agreement with the holders (the “Noteholders”) of senior secured notes of…

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India Reappoints Justice Ashok Bhushan as NCLAT Chair Until 2026, ETLegalWorld

Justice (Retd.) Ashok Bhushan reappointed as NCLAT chairperson India has reappointed former Supreme Court judge Ashok Bhushan as chair of the National Company Law Appellate Tribunal, extending his leadership of the country’s most influential corporate and insolvency appeals body until July 2026. His return signals the government’s push for continuity at a tribunal that often…