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NCLT clears merger of Vistara with Air India

Infrastructure

07 June, 2024

NCLT clears merger of Vistara with Air India

Indian company tribunal approved the merger of full-service carriers Vistara with larger rival Air India on Thursday, according to an ......

Investors vote for change of guard at Byju's; startup says resolution 'invalid'

TMT

23 February, 2024

Investors vote for change of guard at Byju's; startup says resolution 'invalid'

Things seem to be worsening for the beleaguered edtech Byju’s, as a consortium of its investors, which last month sought ......

NCLT approves merger of Sony unit, Zee Entertainment

TMT

10 August, 2023

NCLT approves merger of Sony unit, Zee Entertainment

India paved the way on Thursday for a $10 billion media and entertainment powerhouse, giving Zee Entertainment and the Indian ......

Zee insolvency case: NCLT dismisses IDBI Bank's plea

TMT

19 May, 2023

Zee insolvency case: NCLT dismisses IDBI Bank's plea

The National Company Law Tribunal (NCLT), on Friday, rejected IDBI Bank's insolvency plea against Zee Entertainment. The bank had applied ......

NCLT admits Go First into insolvency, places moratorium on aircraft leases

Infrastructure

10 May, 2023

NCLT admits Go First into insolvency, places moratorium on aircraft leases

An Indian tribunal on Wednesday granted bankruptcy protection to Go Airlines (India) Ltd, a move that will help the country's ......

Go First, lessors lock horns as bankruptcy hearings begin

Infrastructure

05 May, 2023

Go First, lessors lock horns as bankruptcy hearings begin

Indian airline Go First's effort to start insolvency proceedings has become ensnared in a tussle with aircraft lessors after they ......

NCLT approves Suraksha's bid in Jaypee Infra insolvency case

Infrastructure

07 March, 2023

NCLT approves Suraksha's bid in Jaypee Infra insolvency case

The National Company Law Tribunal (NCLT), which was scheduled to govern on the Mumbai-based Suraksha group's bid to acquire Jaypee ......

NCLAT sets aside NCLT order in RCap matter, allows re-bidding of company

Finance

02 March, 2023

NCLAT sets aside NCLT order in RCap matter, allows re-bidding of company

Setting aside an order passed by National Company Law Tribunal (NCLT), a two-member bench of the quasi-judicial National Company Law ......

NTPC marks first acquisition under IBC

Infrastructure

06 September, 2022

NTPC marks first acquisition under IBC

State-run power major NTPC has acquired Jhabua Power Limited (JPL) through the Insolvency and Bankruptcy Code (IBC) process. It is the ......

NCLT admits petition to initiate resolution against Future Retail

Consumer

20 July, 2022

NCLT admits petition to initiate resolution against Future Retail

The Mumbai bench of the National Company Law Tribunal (NCLT) on Wednesday admitted Bank of India’s petition to initiate a ......