Page 5 of NCLT

Go First insolvency, Go First, NCLT, airline, aviation, go first airline

Go First insolvency: NCLT grants additional 60-day extension to complete resolution process

The decision came after a plea was filed by the resolution professional (RP) of Go First, seeking more time to…

February 13, 2024 19:32 IST

Investors can convert these bonds into equity shares at a rate of Rs 160.20 per share, which includes an equity premium of Rs 159.20.

Zee-Sony Merger: NCLT Mumbai agrees to hear Zee’s plea seeking implementation of mega media deal

Zee Sony Case Latest News: The development comes day after Sony (now Culver Max) expressed its disappointment over the decision…

Updated: February 6, 2024 12:24 IST

Record 225 resolution plans approved till now: NCLT President

Ravi Mital, chairperson, IBBI, meanwhile mentioned the need for continuous innovation in the ecosystem by all the stakeholders.

January 22, 2024 05:00 IST

NCLT adjourns Future Retail case, pushes it to January 4

Tribunal asks parties to maintain status quo

December 23, 2023 00:50 IST

Ramkrishna Forgings, NCLT approval, acquisition, ACIL Ltd, manufacturing, transaction

Ramkrishna Forgings secures NCLT approval for acquisition of ACIL Ltd

Lalit Kumar Khetan, Whole Time Director & CFO, Ramkrishna Forgings Limited, said, “We are pleased to announce the NCLT approval…

December 22, 2023 15:13 IST

NCLT directs Swan Energy to make upfront payment for Reliance Naval

Swan Energy is yet to make the upfront payment of around Rs 250 crore as proposed in the resolution plan,…

October 8, 2023 13:09 IST

Insolvency & Bankruptcy Code cannot be used as a tool for recovery, says NCLT

The Principal Bench of the National Company Law Tribunal (NCLT) was hearing the plea for initiating insolvency against Orris Infrastructure…

September 19, 2023 21:50 IST

NCLT rejects Torrent plea seeking approval of resolution plans for Reliance Capital

The tribunal’s Mumbai bench in its written order said that the interlocutory application (IA) “stands disposed of as rejected”.

September 14, 2023 05:50 IST

NCLT extends Future Retail’s insolvency deadline to Sept 15

A written order is awaited, FRL said in a regulatory update.

September 14, 2023 03:05 IST

NCLT directs to initiate insolvency proceedings against Imperia Structures, appoints IRP

However, the realty firm defaulted in terms of the agreements signed with the unit holders.

September 2, 2023 18:12 IST

NCLT to consider RCap resolution plan on Wednesday

The move comes after the Supreme Court on Friday refused to stay the proceedings before the National Company Law Appellate…

August 28, 2023 03:00 IST

Budget 2024, interim budget, budget expectations, retail industry, FMCG, Grooming and beauty, household, Health sector, GST, infrastructure, investments, rural India

Future Retail RP seeks 29 days to complete insolvency process

The RP has approached the National Company Law Tribunal (NCLT) seeking a further extension till September 15.

August 17, 2023 02:20 IST

nclt, srei nclat, srei firms, srei insolvency,

NCLT approves NARCL’s resolution plan for two Srei firms

The administrator of the insolvent companies, Rajneesh Sharma, received the Reserve Bank of India’s ‘fit and proper’ approval for NARCL…

August 12, 2023 00:15 IST

Sony and Zee had decided to merge their TV channels, streaming platforms, programme library and film assets in 2021

NCLT approves ZEE-Sony merger, dismisses all objections

ZEE-Sony merger: This NCLT nod will pave way for a new media giant in India.

Updated: August 10, 2023 15:52 IST

Swan Energy gets 45-day extension to pay first instalment for R-Naval

The bankruptcy court hearing the petition last week had provided the consortium an extension.

August 7, 2023 02:40 IST

Swan Energy seeks more time to pay first instalment for R-Naval

The successful resolution applicants were to pay the first installment of about Rs 260 crore by July 23.

July 31, 2023 03:45 IST

Big relief for Go First! Airline wins battle against lessors; NCLT says can use planes to start operations

The NCLT, however, granted the lessors relief to the extent of “protection and maintenance” of the aircraft and engines by…

July 27, 2023 05:45 IST

Cafe Coffee Day, Cafe Coffee Day insolvency, Cafe Coffee Day bankruptcy, NCLT, Cafe Day Global, Bengaluru, corporate insolvency

Cafe Coffee Day operator admitted for bankruptcy process, says report

The report further added that the Cafe Day Global’s bankruptcy process has been initiated after a breakdown of negotiations between…

Updated: July 24, 2023 14:00 IST

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