ILFS: Auditors defend themselves, question justification for five-year ban

The NCLT posted the matter for hearing on July 15.

published on : 21st June 2019

Jet Airways shares plummet 41 per cent as company lands in NCLT

The scrip plummeted 40.78 per cent to close at Rs 40.45 on the BSE. During the day, it tanked 52.78 per cent to hit an all-time low of Rs 32.25.

published on : 18th June 2019

Lenders give up investor hunt, to send Jet to NCLT

Jet Airways losing its valuable possessions as well as the terms set by lenders have dispirited potential investors, believe industry analysts.

published on : 18th June 2019

Finally, Jet Airways lands in NCLT as banks give up revival bid

An official response from SBI spokesperson is awaited on the decision to start bankruptcy proceedings against the airline.

published on : 17th June 2019

Direct NCLT Allahabad for early hearing on insolvency plea against JAL: ICICI Bank to NCLAT

In its plea before the appellate tribunal, ICICI Bank submitted that there has been no progress in its petition filed before the NCLT Allahabad in last nine months.

published on : 17th June 2019

Nizam Sugar factory employees cry foul after NCLT orders liquidation

The sugar factory employees staged a protest at the factory in Bodhan demanding that the Telangana State government should take steps to have the NCLT judgment scrapped.

published on : 14th June 2019

NCLT approves Srei resolution plan for Deccan Chronicle

Srei Multiple Asset Investment Trust Vision India Fund, which emerged as the highest bidder for DCHL, agreed to pay Rs 408.6 crore as against the total outstanding of Rs 8,335 crore.

published on : 4th June 2019

NCLT approves Bharti Infratel and Indus Towers merger

The proposed merger, which will create a mega tower company in India, will also require approval from the Telecom Department.

published on : 2nd June 2019

SBI seeks more time from NCLT to file reply in Reliance Infratel case

The bank claimed to be direct lenders and said as a syndicate of four banks, it had lent Rs 1,400 crore to RITL.

published on : 1st June 2019

GAIL seeks NCLT approval to admit claim against Videocon Industries

The state-owned gas utility, which is an operational creditor of Videocon, said that it should be included in the list of creditors.

published on : 29th May 2019
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