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Gitanjali Gems Faces Liquidation Order from NCLT
The National Company Law Tribunal (NCLT) has ordered the liquidation of Gitanjali Gems, a jewellery retailer promoted by absconding diamantaire Mehul Choksi, under Section 33 of the Insolvency and Bankruptcy Code, 2016....
NCLT Demands Explanation From Spicejet On Lessor's Petitions
In a latest development, National Company Law Tribunal on August 17 asked Spicejet to explain why a notice in a petition submitted by aircraft lessor Aircastle (Ireland) Limited should not be served to the airline. The counsel from Aircastle (Ireland) Ltd ...
Vedanta Set To Acquire Meenakshi Energy, Gets NCLT's Nod
Vedanta's plans to acquire Meenakshi Energy via the insolvency resolution procedure has been approved by National Company Law Tribunal (NCLT) Hyderabad bench earlier last week, according to reports. Earlier this year on January 18, Vedanta was declared as the as the ...
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