The National Company Law Appellate Tribunal (NCLAT) has upheld the resolution plan for Jet Airways, paving the way for the transfer of ownership to Jalan Kalrock Consortium. Read the details here....
NCLAT has given an ultimatum to resolve the issues between YEIDA and Suraksha Group over Jaypee Infratech by the second week of April or it will proceed ahead....
The National Company Law Appellate Tribunal (NCLAT) dismissed BHEL's petition to stop REC from initiating insolvency proceedings against Hiranmaye Energy, formerly India Power Corp Haldia. BHEL's claims will be handled according to the law....
The National Company Law Appellate Tribunal (NCLAT) overturned an NCLT order recommending the liquidation of SARE Realty Projects, emphasizing the need to explore buyer options before resorting to liquidation....
The National Company Law Appellate Tribunal (NCLAT) ruled that former promoters and directors of insolvent companies can submit bids unless they meet specific ineligibility criteria under Section 29A of the insolvency law....
The National Company Law Appellate Tribunal has set aside the plea of a UK-based subsidiary of Punjab National Bank against the NCLT order, approving the sale of Sterling Biotech to US-based food technology startup Perfect Day....
The National Company Law Appellate Tribunal NCLAT has dismissed the plea to initiate insolvency proceedings against Inox Wind by an operational creditor of the company....
The National Company Law Appellate Tribunal (NCLAT) on Monday suspended its order passed last Friday, pertaining to disclosure of the results of AGM of Finolex Cable, after it faced an enquiry by the Supreme Court in the matter. A two-member NCLT ...
Jet Airways Revival: The share price of Jet Airways gained 5% in the intraday trading on Friday after Jalan Kalrock Consortium (JKC), the winning bidder for the revival of the grounded carrier infused an additional Rs 100 crore into the airline, ...
Aviation regulator DGCA will conduct an audit of Go First's preparedness before approving resumption of flights by the crisis-hit carrier, according to a communication. Cash-strapped Go First stopped flying from May 3 and is undergoing voluntary insolvency resolution proceedings. On ...
National Company Law Appellate Tribunal (NCLAT) on May 22 upheld crisis-hit Go First airline's insolvency ordered by National Company Law Tribunal (NCLT). NCLAT refused to permit lessors to take back possession of aircraft and asked them to move NCLT to move ...
