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Byju’s debacle a big blow to startup spirit
Once valued at $22bn, edtech major raised $6.3bn in 28 rounds of funding involving 61 investors, 23 lead investors
ED arrests 3 including CA for fraudulent take-over of an insolvent...
The ex-promoters, directors and key persons of the company, in connivance with each other as well as other related and unrelated entities, "illegally...
NCLAT to wait for lenders' decision on settlement offer from Supertech...
A Delhi bench of NCLT had admitted the insolvency plea filed by the Bank of Maharashtra over a default of Rs 168.04 crore and appointed Anju Agarwal...
NCLAT directs NCLT to hear afresh insolvency plea by APL Apollo Tubes
The appellate tribunal has directed the NCLT to make all efforts to decide proceedings as expeditiously as possible. The NCLAT order came over a...
Reliance Cap resolution: NCLT to hear IIHL plea for deadline extension...
The National Company Law Tribunal Mumbai bench on February 27, 2024 approved the Rs 9,650-crore resolution plan for Reliance Capital and fixed May 27,...
NCLT initiates insolvency against Himalayan Mineral Water
New Delhi: The National Company Law Tribunal (NCLT) has directed initiating insolvency proceedings against Himalayan Mineral Waters,...
NCLT rejects JAL's claim of liquidity crunch due to delay in govt...
The insolvency tribunal also rejected the submissions of JAL pleading not to initiate insolvency on grounds such as the feasibility of initiating...
Engine Lease Finance moves insolvency plea against SpiceJet
Engine Lease Finance (ELF) has leased eight engines to SpiceJet. Along with interest and rental, ELF has claimed an amount of around $16 mn. The...