Almas Global

Pawan Hans flags need for more due diligence in selling PSU assets

Blaming the company for taking the insolvency resolution “process for a ride”, the tribunal has sought action against its management under the Insolvency and Bankruptcy Code.

published on : 18th May 2022

Modi government puts Pawan Hans sale on hold over NCLT order against winning consortium member

The National Company Law Tribunal (NCLT) had last month passed an order reportedly after Almas Global failed to make payments to creditors of a Kolkata-based company.

published on : 16th May 2022

Government sells 51 per cent  stake in Pawan Hans to Star9 Mobility 

ONGC had earlier decided to offer its entire shareholding to the successful bidder identified by the government on the same price and terms.

published on : 30th April 2022