The National Company Law Tribunal ordered the liquidation of Skava Pvt., a wholly owned Infosys subsidiary, which had been ...

The move is being mulled as policy makers seek to leverage the bankruptcy ecosystem in an optimal way..Currently, work is ...

CLT reports nearly 41,000 cases under IBC by Sep-end 2024; ₹3.55 lakh crore recovered through 1068 corporate insolvency ...

The National Company Law Tribunal (NCLT) on Wednesday, November 27, 2024, appointed Satish Kumar Gupta as the Liquidator for ...

The investors have argued that the proposed amendments were designed to dilute their stake in Aakash, a profitable entity ...

The Karnataka High Court on November 25 stayed the order of the National Company Law Tribunal (NCLT) directing Aakash ...

The Supreme Court on Friday directed Byju’s subsidiary Aakash Institute not to implement the resolution to amend its Articles ...

Earlier this year, an expert committee under IBBI had recommended a voluntary mediation process for OCs; and the proposed ...

On Thursday, the bankrupt airline Go First filed an application with the National Company Law Tribunal (NCLT) seeking ...

Committee of creditors approves the name of Dinkar Venkatasubramanian as liquidator for debt-ridden Go First, bankruptcy ...

In its order, NCLT stated, "The Corporate Debtor, Jet Airways India Limited, shall be liquidated in the manner as laid down in Chapter-III of the Insolvency and Bankruptcy Code, 2016." "The Liquidator ...

NCLT did not pass the approval order on Thursday and deferred the decision, scheduling the next hearing for 6 December.