Search For "national company law tribunal"
Delhi High Court dismisses businessman Neeraj Singhal's bail plea as well
Updated : 2 years, 2 months ago IST
The Delhi High Court has dismissed the petition of businessman Neeraj Singhal seeking bail and challenging his arrest by the ED in a money laundering case.
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Company law tribunal dismisses SBI's petition against Bajaj Hindusthan Sug
Updated : 2 years, 4 months ago IST
Neeraj Jha, the Group President and Chief Communications Officer of the Bajaj Group said, "It's a great feeling. As you know, it was a difficult period for the company when so much was at stake, none more than our reputation. We're relieved as well as grateful."
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Share of Real Estate in Recoveries Under IBC Rises to 18.8 percent - Repor
Updated : 2 years, 5 months ago IST
Mumbai (Maharashtra) [India], October 18: Real estate sector on a reported basis accounted for more than 50% of the total realizations under IBC. However subsequent to release of data by IBBI, a large key case went sub-judice following admission of an appeal before the Hon'ble NCLAT resultin
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Cyril Amarchand Mangaldas advises on CIRP of Sharon Bio-Medicine
Updated : 2 years, 7 months ago IST
Mumbai (Maharashtra)/ New Delhi [India], August 2: Cyril Amarchand Mangaldas acted as legal counsel for Resolution Professional (RP) and Monitoring Committee of Sharon Bio-Medicine Limited in the corporate insolvency resolution process (CIRP) of Sharon Bio-Medicine Limited (Sharon), a listed
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Go First extends flight cancellation till July 30
Updated : 2 years, 7 months ago IST
On May 2, Go First cancelled its flights and filed for voluntary bankruptcy before the National Company Law Tribunal (NCLT), alleging delays on the part of a US-based engine maker, Pratt & Whitney, for its inability to promptly meet obligations -- leading to the grounding of a portion
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Go First cancels flights until July 25th due to operational reasons
Updated : 2 years, 8 months ago IST
The announcement was made via a Twitter post on Sunday. Go First said: “We regret to inform that due to operational reasons, Go First flights scheduled till 25th July 2023 have been cancelled. We apologise for the inconvenience caused by the flight cancellations."
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DGCA allows Go First to resume operations subject to conditions
Updated : 2 years, 8 months ago IST
On May 2, Go First cancelled its flights and filed for voluntary bankruptcy before the National Company Law Tribunal (NCLT), alleging delays on the part of a US-based engine maker, Pratt & Whitney, for its inability to promptly meet obligations -- leading to the grounding of a portion of
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Go Airlines invites Expression of Interest for possible sale
Updated : 2 years, 8 months ago IST
The airline operator filed for voluntary bankruptcy in early May before the National Company Law Tribunal (NCLT), alleging delays on the part of a US-based engine maker for its inability to promptly meet obligations - leading to the grounding of a portion of its fleet.
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Due to waterlogging in NCLT building, Tribunal to hear matters in virtual
Updated : 2 years, 8 months ago IST
On Monday, the National Company Law Tribunal (NCLT) decided to hear the cases via virtual mode and not in physical mode due to waterlogging in the building.
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Crisis-hit GoFirst grounded for two months; flight cancellation extended t
Updated : 2 years, 8 months ago IST
The airline operator filed for voluntary bankruptcy in early May before the National Company Law Tribunal (NCLT), alleging delays on the part of a US-based engine maker for its inability to promptly meet obligations - leading to the grounding of a portion of its fleet.
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Go First extends flight cancellations till June 30
Updated : 2 years, 9 months ago IST
Go First, an airline facing a crisis, has announced that its scheduled flight operations will continue to be cancelled until June 30 for operational reasons. Initially, the airline said that operations would remain cancelled till June 25.
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GoFirst flights grounded for almost two months after it filed insolvency
Updated : 2 years, 9 months ago IST
In early May, Go First filed for bankruptcy at the National Company Law Tribunal and suspended its flight operations due to rising losses, primarily due to delays in the delivery of Pratt and Whitney's engines leading to the grounding of a portion of its fleet. The airline expects immediate
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