nclat

Jet Airways, founded by Naresh Goyal, went bankrupt in April 2019 and suspended its flight operations due to financial troubles. (Ramesh Pathania/Mint)

Supreme Court orders Jet Airways to enter liquidation

2024-11-07 12:18:31 : The Supreme Court has directed Jet Airways Ltd, India’s once leading airline, to enter liquidation as the successful bidder, Jalan Kalrock ...

The interim management will ensure that the interests of all parties are protected during this process, NCLAT said in its order.

NCLAT asks creditors of Axis Bank and Siti Network to hold Rs 143 crore in separate interest-bearing accounts

2024-10-30 12:25:08 : The National Company Law Appellate Tribunal (NCLAT) has ordered Axis Bank Ltd and other creditors of insolvent Essel Group subsidiary Siti ...

Byju’s is facing multiple litigations from lenders and investors. (File Photo: Reuters)

SC resumes bankruptcy case against Byju’s, denounces NCLAT proceedings as ultra vires

2024-10-23 12:47:27 : The Supreme Court on Wednesday set aside the National Company Law Appellate Tribunal’s (NCLAT) order staying the insolvency proceedings against Byju’s. ...