Page 7 of NCLT

NCLT admits Go First’s plea to initiate insolvency resolution

A two-member bench comprising President Justice Ramalingam Sudhakar and L N Gupta also appointed Abhliash Lal as interim resolution professional…

Updated: May 10, 2023 12:45 IST

Order on Go First insolvency today

Sources said that if Go First fails to receive any relief on this front, the DGCA will have to take…

May 10, 2023 05:30 IST

Khaitans move NCLAT against McLeod Russel insolvency

McLeod may avoid insolvency process for 2nd time

Khaitans eye out-of-court fix with IL&FS

May 10, 2023 01:55 IST

NCLT withholds merger of Embassy group firms with Indiabulls Real Estate

Embassy Group will become the promoter of the merged entity.

May 9, 2023 17:56 IST

NCLT issues notice to SpiceJet on aircraft lessor’s insolvency petition

A two-member Principal bench of the NCLT headed by President Ramalingam Sudhakar issued the notice to SpiceJet and directed to…

Updated: May 8, 2023 15:08 IST

Go First asks tribunal to urgently pass order on insolvency plea

The push comes less than a week after the cash-strapped Indian airline filed for bankruptcy, blaming “faulty” Pratt & Whitney…

Updated: May 8, 2023 12:35 IST

NCLT to hear two insolvency petitions filed against Go First on May 8

The two petitions are scheduled to be heard by the Principal Bench of the NCLT.

May 5, 2023 22:04 IST

NCLT reserves order on Go First’s plea for insolvency proceedings; lessors oppose petition

The counsels representing aircraft lessors such as SMBC Aviation Capital questioned why Go First was in a hurry for initiation…

May 4, 2023 21:05 IST

Banks may resort to higher provisioning for Go First

The airline’s leading lenders, including Central Bank of India, Bank of Baroda, IDBI Bank and Deutsche Bank, among others, have…

May 4, 2023 01:30 IST

go first, go first insolvency proceedings, go first nclt,

Go First files for insolvency, all flights suspended for two days

The budget carrier has also filed an application for voluntary insolvency resolution proceedings before the National Company Law Tribunal (NCLT),…

Updated: May 3, 2023 07:57 IST

Future Retail RP finalises 48 EoIs including RIL, Adani group firms

In the provisional list released on April 8, there were 49 prospective resolution applicants for FRL. Bommidala Enterprises is the…

April 25, 2023 00:15 IST

Future Retail insolvency process: 48 companies selected as eligible prospective bidders

As many as 48 companies, including Reliance Retail, Jindal Power Ltd and Adani group, are in the final list of…

April 24, 2023 17:46 IST

jet airways, jet nclt, Jalan-Kalrock Consortium

Jalan-Kalrock had 180 days to pay creditors and employees: Jet’s fate undecided as NCLT deadline nears

Another challenge is expiry of air operator’s permit next month

April 20, 2023 02:15 IST

Reliance Capital resolution process completion deadline extended to July 16

The 90 days deadline extension was necessitated as the lenders decided to hold a second round of auction on April…

Updated: April 18, 2023 16:41 IST

Future Retail gets NCLT nod to push resolution deadline

Debt-laden Future Retail has received approval from the bankruptcy court to extend the date to complete its resolution process by…

April 15, 2023 05:30 IST

RCap lenders get NCLT nod to extend resolution process deadline

RCap has been undergoing a insolvency since November 29, 2021, when the RBI superseded its board.

April 13, 2023 05:00 IST

NCLT finds a hybrid model of project completion in real estate sector

NCLT finds hybrid models of project completion to protect the interest of homebuyers

It seems NCLT and NCLAT courts have recognized that home buyers are no longer in favour of insolvency and found…

April 4, 2023 13:07 IST

Srei, Srei Infrastructure Finance, Srei companies, Varde Partners, Industry

Srei administrator says Adisri plea not maintainable

On Friday, Arun Kathpalia, representing the consolidated committee of creditors (CoC), submitted before the bench that the lenders did not…

April 1, 2023 02:45 IST

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