National Company Law Tribunal
Infrastructure
As airlines battle virus turmoil, Jet Airways gets time till June to find buyer
A bankruptcy court has extended the time to find a buyer for Jet Airways (India) Ltd even as the coronavirus ......
Infrastructure
Jet Airways lenders seek two more months for insolvency resolution
With investors not showing up amid global coronavirus outbreak, lenders to Jet Airways will seek another extension of around two...
Infrastructure
Jet Airways gets no bids, almost certain to be liquidated
Bankrupt carrier Jet Airways (India) Ltd has failed to attract any buyer and is likely to be sent for liquidation ......
Infrastructure
As Adani lumbers towards Dighi Port acquisition, promoter cries foul
The bankruptcy tribunal has okayed Adani Ports and Special Economic Zone Ltd’s resolution plan for debt-laden Dighi Port...
Healthcare
Top court sets aside NCLAT order on Dhanuka's offer for Orchid Pharma
The Supreme Court has set aside an insolvency appeals court’s order against Dhanuka Laboratories Ltd’s resolution...
Infrastructure
IVRCL gets bid for sale of company as going concern under liquidation
Hyderabad-based construction firm IVRCL Ltd is set to become the first company under liquidation to be sold as a going ......
Finance
Bankruptcy tribunal okays state-owned NBCC's bid for Jaypee Infratech
The National Company Law Tribunal on Tuesday approved the proposal of state-owned construction firm NBCC (India) Ltd to acquire...
TMT
NCLAT sets aside insolvency case against Flipkart for alleged default
An appeals court has dismissed insolvency proceedings against e-commerce major Flipkart, which was dragged to the National Company...
Finance
These three sectors account for nearly three-fourths of bankruptcy cases
Ever since India implemented a new bankruptcy law in 2016, creditors have been quick to drag defaulters to various courts ......
Manufacturing
JSW Steel gets immunity for Bhushan Power acquisition
The National Company Law Appellate Tribunal (NCLAT) has given JSW Steel Ltd immunity from all criminal investigations for its...
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