
In a 25-page order passed on Friday, the tribunal cleared the resolution plan at an investment of Rs 1,814 crore.
The National Company Law Tribunal (NCLT) has granted a 33-day extension to Future Retail’s administrator to complete its ongoing insolvency…
The appellate tribunal also issued notices to the operational creditor Roadwings International and the interim resolution professional (IRP), which was…
The Scheme does not involve the issue of shares by RIL, it said.
Along with 14.25 per cent interest, the amount totalled to Rs 74.20 crore as on January 27, 2023.
The Mumbai bench of NCLT, comprising H V Subba Rao and Madhu Sinha, reserved the order on Monday, after hearing…
The Director General of Civil Aviation was not ready to renew the airline’s Air Operator’s Certificate, which expired in May,…
The loan documents were registered between the corporate debtor, IFCIL and ICICI, respectively.
Counsel appearing for the parties submitted that as per the settlement agreement, all payments have been made before June 30,…
The CoC includes Central Bank of India, Bank of Baroda, IDBI Bank and Deutsche Bank.
Many have pointed out that the June 8 circular was only an iteration of the RBI’s earlier rules on stressed…
The promoter of the company has committed to hand over the possession of the houses to the buyers of the…
The airline has said it plans to revive 25 grounded aircraft to help it capitalise and make the most of…
Three more lessors – Accipiter Investments Aircraft 2, Eos Aviation 12 (Ireland) and ACG Aircraft Leasing Ireland – had approached…
This comes at a time when Zee is close to completing a merger with Sony Pictures Network India, a subsidiary…
After completing the hearing on the petitions, the bench headed by Chairperson Justice Ashok Bhushan reserved its order and asked…
The airline said it was forced to apply after engine failure grounded a chunk of its fleet, resulting in major…