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NCLT Initiates Insolvency Proceedings Against Byju’s
Pankaj Srivastava was appointed as the interim resolution professional (IRP) to manage the company until the lenders form a committee of creditors...
LTFH completes merger of its subsidiaries
Merger has been completed before the envisaged time with all the necessary approvals in place, says Dinanath Dubhashi, MD&CEO
HDFC Bank to Absorb HDFC in Merger, effective July 1st
The boards of Housing Development Finance Corporation (HDFC) and HDFC Bank have approved the merger of the two entities, with the effective date set...
Go First suspended board files caveats before SC against lessors
The caveat has been filed against the order passed by NCLT on Monday, which upheld the order passed by the Delhi bench of the NCLT on May 10
No plans to file for insolvency: SpiceJet
Starts the process of reviving its grounded fleet with $50 million
ED searches 2 former IL&FS auditors
Alleges in the chargesheet that the company’s senior management indulged in acts of commissions and omissions, leading to illegal personal gains to...
Big relief to Go First as NCLT grants protection
Admits cash-strapped airlines’ insolvency plea; imposes moratorium on its financial obligations
SMBC Aviation challenges NCLT order
Aircraft lessor SMBC Aviation Capital Ltd on Wednesday moved the appellate tribunal NCLAT against the order passed by the NCLT earlier in the day...