Page 2 Nclt: Latest News and Updates, Top Stories, Videos, Photos About Nclt

Zee Entertainment rubbishes report claiming proposed merger with Culver Max Entertainment risks collapse

Zee Entertainment rubbishes report claiming proposed merger with Culver Max Entertainment risks collapse over who would become CEO of the merged entity....

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 ...

Zee-Sony Merger: Industry Experts Show Green Light After NCLT Nod

The merger of Zee Entertainment (Zee) and Sony Pictures Network India (SPNI) approved by the National Company Law Tribunal last week is seen as positive news by industry experts. The combined entity is anticipated to be worth over $10 billion and ...

NCLT Approves Merger Of Zee Entertainment With Sony, Shares Climb 16.27%

The National Company Law Tribunal (NCLT) approved the merger of Sony's Indian subsidiary with Zee Entertainment on Thursday. Earlier, on July 10, the NCLT reserved its decision on the merger of Zee Entertainment Enterprises with Sony. After hearing objections from creditors ...

BYJU'S Sends Notice To Aakash Founders Seeking Share Transfer

Education technology startup Think and Learn Pvt Ltd, operating under BYJU'S brand name, has sent a notice to Aakash Educational Services' founders following their alleged resistance to complete a share swap that was unconditionally agreed as part of the sale of Aakash ...

NCLT Adjourns Hearing In Sony-Zee Merger Case To July 10

The National Company Law Tribunal (NCLT) Thursday decided to adjourn hearing in the Sony-Zee merger case to July 10, 2023. The NCLT bench led by judicial member HV Subba Rao, and a technical member, Madhu Sinha, is hearing the matter, according ...

Go First Cancels All Flights Till May 28

Crisis-hit Go First on Friday cancelled all its flights till May 28 due to operations reasons, according to reports available. Previously, the cash-strapped airline had cancelled flights till May 26. The airline is presently going through insolvency resolution proceedings and remained ...

Go First Says It Will Resume Operations After DGCA Audit

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 ...

Go First: NCLAT Refuses To Permit Lessors To Take Back Possession Of Aircraft

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 ...

Go First Expects To Resume Flights From May 24

As insolvency crisis looms large, budget airline Go First is likely to resume flights beginning from May 24. The airline has chalked out a strategy to restart its operations with 23 aircraft, according to reports. "The airline has 27 aircraft ...

SMBC Aviation Capital Files Appeal Against NCLT's Decision Granting Go First's Voluntary Insolvency Plea

SMBC Aviation Capital Ltd, a leading aircraft leasing firm on wednesday lodged a challenge with the National Company Law Appellate Tribunal (NCLAT) against the decision made earlier in the day by the National Company Law Tribunal (NCLT) that granted Go First's ...

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