Search For "insolvency proceedings"
No stay on Union Bank action, but Delhi HC questions show-cause notice to
Updated : 2 months, 2 weeks ago IST
The Delhi High Court on Monday refused to stay the show-cause proceedings initiated by Union Bank of India against Jai Anmol Ambani, but expressed its serious doubts about the rationale behind the bank's move in the backdrop of the completed insolvency process of Reliance Home Finance Ltd
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Committee of Creditors likely to put resolution plan for Jaiprakash Associ
Updated : 4 months, 2 weeks ago IST
Conglomerate Jaiprakash Associates Limited, which has been under deep financial stress along with several financial creditors and thousands of homebuyers, will soon see light at the end of the tunnel with the resolution process expected to conclude soon, sources in the know said Sunday.
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SC dismisses appeals of BCCI, BYJU'S promoters against NCLAT order in inso
Updated : 7 months, 3 weeks ago IST
The Supreme Court on Monday dismissed pleas filed by the Board of Control for Cricket in India (BCCI) and Byju's co-founder Riju Raveendran challenging a NCLAT Chennai order which denied the withdrawal of insolvency proceedings initiated by the BCCI.
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SC admits appeal of BYJU'S promoters against NCLAT order; issues notices t
Updated : 10 months ago IST
The Supreme Court on Thursday admitted the appeals filed by the promoters of Byju's challenging the NCLAT Chennai order which denied the withdrawal of insolvency proceedings initiated by the BCCI, despite a full and final settlement of dues prior to the constitution of the Committee of Credi
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Setback to Byju, SC reverses NCLAT order closing insolvency proceedings
Updated : 1 year, 5 months ago IST
In a setback to ed-tech company Byju, the Supreme Court on Wednesday set aside the decision of the National Company Law Appellate Tribunal (NCLAT) closing the insolvency proceedings against ed-tech company Byju's by accepting a settlement between it and the Board of Control for Cricket in In
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Supreme Court sets aside NCLAT decision closing insolvency proceedings aga
Updated : 1 year, 5 months ago IST
The Supreme Court on Wednesday set aside the decision of National Company Law Appellate Tribunal (NCLAT) closing the insolvency proceedings against ed-tech company Byju's by accepting a settlement between it and the Board of Control for Cricket in India (BCCI) for about Rs 158 crores.
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SC reserves verdict on plea challenging NCLAT order over Byju's insolvency
Updated : 1 year, 6 months ago IST
The Supreme Court on Thursday reserved its order on a plea challenging a National Company Law Appellate Tribunal decision to halt insolvency proceedings initiated by Byju's.
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Go First now cancels all scheduled flights till June 4
Updated : 2 years, 10 months ago IST
Crisis-hit Go First Airlines on Tuesday informed that its scheduled flight operations will remain cancelled till June 4, adding that a full refund will be issued to the passengers.
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Insolvency filing 'depressing' in growing Indian market, says Airbus India
Updated : 2 years, 10 months ago IST
Amid concerns from lessors in the wake of Go First insolvency proceedings, aircraft maker Airbus on Thursday said the industry expects the government to expedite the alignment of domestic laws with international conventions and treaties.
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Go First CEO meets DGCA official, civil aviation secretary for future cour
Updated : 2 years, 10 months ago IST
Go First CEO Kaushik Khona met DGCA officials right after the National Company Law Tribunal (NCLT) in its judgement on Wednesday admitted the plea of Go First Airlines for insolvency proceedings.
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Go First says NCLT order on its plea for insolvency proceedings is a histo
Updated : 2 years, 10 months ago IST
Go First Chief Executive Officer Kaushik Khona said after NCLT decision, "This is a historic ruling as an application of insolvency has been admitted so fast. The order prevents a viable airline from becoming an unviable one. The purpose of IBC has always been revival."
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NCLT admits Go First's plea for insolvency proceedings
Updated : 2 years, 10 months ago IST
The NCLT, the President Justice Ramalingam Sudhakar and technical member LN Gupta announced the order, adding, "We appoint Abhilash Lal as IRP (Insolvency Resolution Professional). Suspended board of directors will cooperate with the IRP."
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