Tag: insolvency

Coffee Day Global Ltd (CDGL) and its financial creditor IndusInd Bank have reached a settlement, following which NCLAT has set aside an insolvency order against the company which owns ...

The National Company Law Appellate Tribunal has dismissed an operational creditor's petition to initiate insolvency proceedings against Wipro Ltd. Photograph: Punit Paranjpe/Reuters A two-member Chennai bench of the appellate ...

The National Company Law Appellate Tribunal (NCLAT) on Monday upheld an NCLT order permitting crisis-hit Go First's voluntary insolvency decision proceedings. Photograph: ANI Photo A two-member NCLAT bench requested ...

New Delhi: Foreign lenders of Indian companies could have to wait longer earlier than initiating chapter proceedings towards defaulting Indian companies in native tribunals. The authorities has shelved its ...

Wadia group-owned Go First has determined to cancel all its flights for three days ranging from Wednesday, extending the suspension of operations by yet one more day, in line ...

As many as 48 firms, together with Reliance Retail, Jindal Power Ltd and Adani group, are within the closing record of eligible prospective decision candidates for buying debt-ridden Future ...

The NCLT has granted Future Retail Ltd (FRL) an extension of 90 days for concluding the Corporate Insolvency Resolution Process (CIRP) of the corporate. Photograph: PTI Photo Allowing FRL's ...

India’s chapter courtroom has admitted Reliance Broadcast Network Ltd., the Big FM radio community operator underneath the Corporate Insolvency Resolution Process (CIRP).The Mumbai bench of the National Company Law ...

In a serious aid to media main Zee Entertainment Enterprises Ltd (ZEEL), the National Company Law Appellate Tribunal (NCLAT) on Friday stayed the insolvency proceedings initiated against it earlier ...