The National Company Law Tribunal on Monday dismissed the insolvency petition filed by Willis Lease Finance Corporation against budget airline SpiceJet. Willis Lease Finance Corporation had filed a petition under...
NCLT dismisses insolvency resolution plea against Indamer Mjets Airport Service
The bankruptcy court in Mumbai has rejected an application filed against Indamer Mjets Airport Service Pvt Ltd to admit the company under the Corporate Insolvency Resolution Process (CIRP). New Delhi-based Dezire Group...
NCLAT adjourns hearing on IDBI’s insolvency plea against Zee Entertainment to Dec 6
The National Company Law Appellate Tribunal (NCLAT) on Wednesday adjourned its hearing to December 6 over the plea of IDBI Bank seeking to initiate insolvency proceedings against Zee Entertainment. A three-member NCLAT...
NCLT admits Aditya Birla Finance’s insolvency plea against Siti Broadband Services
The National Company Law Tribunal (NCLT) has admitted Siti Broadband Services, a subsidiary of Essel Group-owned cable TV and broadband company Siti Networks, into the corporate insolvency resolution process following a...
NCLT admits insolvency plea against Compuage Infocomm
The Mumbai bench of the National Company Law Tribunal (NCLT) on Friday admitted a plea seeking insolvency process against Compuage Infocomm. Plus Plus Unified Engagement, one of the financial creditors to the company...
NCLT admits Aditya Birla Finance’s insolvency plea against Siti Broadband Services
The National Company Law Tribunal (NCLT) has admitted Siti Broadband Services, a subsidiary of Essel Group-owned cable TV and broadband company Siti Networks, into the corporate insolvency resolution process following a...
Jet Airways insolvency: NCLAT adjourns hearing to Nov 9
Insolvency appellate tribunal NCLAT on Wednesday adjourned the hearing on the Jet Airways matter to November 9 over the issue of transfer of ownership of the grounded air carrier to the Jalan Kalrock Consortium (JKC)...
NCLT admits personal insolvency application against Kishore Biyani
Mumbai’s bankruptcy court on Friday admitted Axis Trustee Services’ application to initiate a personal insolvency process against Future Group promoter, Kishore Biyani, said people aware of the development...
NCLT dismisses insolvency petition filed against Bajaj Hindusthan Sugar
National Company Law Tribunal has dismissed an insolvency petition filed against Bajaj Hindusthan Sugar Limited as per an order uploaded on its website late Wednesday. The petition was originally filed by State Bank of...
NCLT admits insolvency plea against Precision Realty Developers
The National Company Law Tribunal (NCLT) has admitted a petition filed by Phoenix Asset Reconstruction Company to initiate Corporate Insolvency Resolution Process (CIRP) against real estate company Precision Realty...
NCLT Hyderabad initiates insolvency proceedings against GVK Gautami Power
The Hyderabad bench of National Company Law Tribunal (NCLT) has initiated insolvency proceedings against GVK Gautami Power Ltd, according to a regulatory filing. In the filing, GVK Power & lnfrastructure Ltd...
Birla Tyres insolvency: NCLT approves joint offer of Himadri Speciality Chemical, Dalmia Bharat Refractori
Himadri Speciality Chemical Ltd on Thursday said the National Company Law Tribunal has “verbally” approved the joint resolution plan submitted by the company and Dalmia Bharat Refractories Ltd to acquire...