Naveen Jindal, promoter of Jindal Power, has expressed interest in buying the beleaguered Go First carrier,…
Tag: nclt
NCLAT States IBC Not A ‘Recovery Mechanism’, Rejects Insolvency Plea Against United Telecoms
The Insolvency & Bankruptcy Code is “not a recovery mechanism”, observed the National Company Law Appellate…
Insolvency Code Needs ‘Amendment’: IBBI Chief Invites Suggestions To Reduce Delays
Insolvency and Bankruptcy Board of India (IBBI) chairman Ravi Mital on Saturday asked stakeholders for innovative…
Zee-Sony Merger: After IDBI Bank, Axis Finance Challenges NCLT Order Allowing $10 Billion Deal
Axis Finance has filed an appeal with the National Company Law Appellate Tribunal (NCLAT), Delhi against…
Coffee Day Shares Jump 20 Per Cent After Settlement Of Insolvency Case With IndusInd Bank
Coffee Day Global (CDGL) shares rose over 20 per cent on the stock market on Wednesday…
NCLT Orders To Start Insolvency Proceedings Against Realty Firm Imperia Structures
The National Company Law Tribunal (NCLT) has directed to initiate insolvency proceedings against Delhi NCR-based realty…
NCLAT To Hear IDBI Bank’s Appeal In Zee Entertainment Insolvency Case On August 31
The National Company Law Appellate Tribunal (NCLAT) has agreed to hear IDBI Bank’s appeal against the…
Creditor Files Insolvency Plea Against Coffee Day Global With NCLT: Report
A plea has been entered against Café Coffee Day’s operating company, Coffee Day Global Ltd (CDGL),…
Jaiprakash Associates Defaults On Rs 4,044-Crore Loans
Crisis-hit Jaypee Group’s flagship firm Jaiprakash Associates has defaulted on loans worth Rs 4,044 crore, including…
Go Air Insolvency: NCLT Asks IRP To File Reply In One Week. Tribunal To Hear Lessors’ Plea
The National Company Law Tribunal (NCLT) on Monday directed the interim resolution professional of crisis-hit Go…