Go First acquisition: NCLAT asks Busy Bee Airways to negotiate deal with lenders
The appellate tribunal also asked the liquidator to submit the minutes of the Committee of Creditors (CoC) meeting that led to the decision to liquidate the airline, and scheduled the next hearing for ...
NCLT orders action against RP of Byju's
The National Company Law Tribunal (NCLT) ordered disciplinary action against the resolution professional handling Byju's ...
Byju's insolvency: NCLT reinstates Glas Trust as financial creditor, ejects resolution professional
Glas Trust and Aditya Birla Finance will now be included in Byju's committee of creditors, while founder Byju Raveendran will ...
devdiscourse3d
NCLAT Overrides NCLT on Educomp's Share Valuation Controversy
The National Company Law Appellate Tribunal (NCLAT) overturned a directive from the Delhi bench of the National Company Law ...
Bar & Bench1d
NCLT orders initiation of disciplinary proceedings against Byju's Resolution Professional
The National Company Law Tribunal (NCLT) on Wednesday called for the initiation of disciplinary proceedings against Pankaj ...
devdiscourse1d
NCLT Orders Disciplinary Action Amidst Byju’s Insolvency Controversy
The National Company Law Tribunal ordered disciplinary action against Byju's resolution professional, Pankaj Srivastava, for ...
NCLT directs disciplinary proceedings against Byjus' resolution professional
NCLT orders inquiry against Byju's resolution professional, restores Aditya Birla Finance as financial creditor, nullifies ...
Tax Guru18h
Financial Creditor’s can Invoke Pledge; IBC Application can e Admitted Despite Settlement Attempts: NCLAT
Financial Creditor had the discretion to invoke the pledge – IBC application can be admitted despite appellant’s ongoing attempts at settlement ...
Meta Gets Some Relief Over Its Ban On WhatsApp Sharing Data In India
The National Company Law Appellate Tribunal (NCLAT) on Thursday stayed a fiveyear ban imposed by competition watchdog CCI on ...
Tax Guru18h
CoC’s Approval of Resolution Plan Not Reviewable unless Statutory Violations Occur
The CIRP for Jason Dekor commenced on December 19, 2019, and initially, the CoC decided to seek liquidation due to the absence of a viable Resolution Plan. However, after a legal challenge and a ...
ch-aviation4d
Former bidder challenges liquidation of India's Go First
Busy Bee Airways Pvt Ltd, a company backed by EaseMyTrip co-founder Nishant Pitti and unsuccessful bidder for Go First ( ...
Daijiworld1d
NCLT orders disciplinary action against Byju's Resolution Professional
The National Company Law Tribunal (NCLT) on Wednesday ordered disciplinary proceedings against Byju's Resolution Professional (RP) Pankaj Srivastava, while reinstating the beleaguered edtech firm's ...