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"nclt"

  • NCLT asks SpiceJet to settle disputes with lessors in ongoing insolvency cases

    NCLT on Tuesday asked SpiceJet to work towards resolving disputes with the lessors who have initiated insolvency proceedings against the airline
  • Go First flight cancellations extended until August 31 citing ‘operational reasons’

    Go First airlines, which has been grounded since early May, has announced a further extension of flight cancellations till August 31, the airline announced on Monday
  • Go First flight cancellations extended until August 11 citing ‘operational reasons’

    Go First airline, which has been grounded since early May, has announced a further extension of flight cancellations till August 11
  • Go First insolvency: NCLT directs RP to file details on recent developments

    NCLT directed the resolution professional of cash-strapped grounded airlines Go First to submit details of the subsequent developments
  • BYJU’S sends legal notice to Aakash founders demanding share transfer

    The deal envisaged AESL merging with TLPL as it was more tax efficient for the seller Chaudhrys
  • Go First to return Rs 597 cr to around 15.5 lakh passengers, NCLT issues notice to CoC, IBBI

    NCLT issued notices to the Committee of Creditors of Go First and insolvency regulator IBBI over a plea to refund Rs 597.54 crore to around 15.5 lakh passengers
  • Go First resolution professional approaches NCLT seeking permission for refund of cancelled tickets

    Go First has approached NCLT seeking permission to refund money to passengers
  • Coffee Day shares down 19% after subsidiary admitted for insolvency by NCLT

    Company's Material Subsidiary to Take Legal Action Following Necessary Communication, States Report
  • Go First cancels flights until July 25th due to operational reasons

    Due to operational reasons, Go First on Sunday announced the cancellation of its flights until July 25th
  • NCLT to hear Go First lessors’ plea, directs IRP to file reply in one week

    NCLT on Monday directed the interim resolution professional of crisis-hit Go First to file a reply within one week
  • DGCA grants 30 days to Go First to submit revival plan

    DGCA has granted 30 days to cash-strapped airline Go First to submit a restructuring or revival plan
  • Go First becomes 11th private airline to ‘drop’ out of skies in a decade

    Throwing their hands up, the Go First budget airline's owners filed voluntary insolvency resolution proceedings before the NCLT sending shockwaves through the entire airline industry
  • Go Airlines: Legal scene now shifts to US court

    Go Airlines said that even if Pratt & Whitney complied with the arbitration award, it would be able to resume full operations by August/September 2023.
  • ‘Credibility’ crisis hits Almas Global

    Hyderabad: The hush-hush sale of Pawan Hans by the BJP-led government has run into rough weather with the National Company Law Tribunal (NCLT) passing an order last month against Almas Global for failing to make payments to creditors of a Kolkata-based company under an approved resolution plan. Cayman Island-based Almas Global Opportunity Fund SPC (AGOF) […]
  • Editorial: Centre wakes up after SC nudge

    There is a valid criticism that the Centre has been weakening tribunals which play a key role in fast-tracking dispute resolution
  • Jet Airways shares plunge 5 pc after earnings announcement

    Grounded carrier Jet Airways on Wednesday reported a loss of Rs 153.35 crore for the June quarter of the last financial year.
  • NCLT approves Jalan Kalrock Consortium’s resolution plan for Jet Airways

    The plan will have to be implemented in 90 days starting from June 22
  • NCLT approves Piramal Group’s offer for DHFL

    NCLT asked DHFL's (Dewan Housing Finance Corporation Ltd) Committee of Creditors (CoC) to consider giving more money to small fixed deposit holders under the approved resolution plan.
  • Assocham seeks reimposition of moratorium amid rising Covid cases

    Given the increasing pressure on businesses, it would be imperative to extend the NCLT moratorium until December 2021, the Assocham said in its representation to the Finance Ministry
  • Jet Airways on track of revival

    Says it will restart operations in four to six months after receiving approval from the NCLT for its resolution plan
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