National Company Law Tribunal
Infrastructure
Why Jet bidders can't pin hopes on loyalty scheme alone to fly carrier again
Jet Airways (India) Ltd’s creditors have dangled the airline’s lucrative loyalty programme to attract buyers, but...
Infrastructure
Jet Airways lenders attempt to sell bankrupt carrier again
Lenders to Jet Airways will open bids to sell the bankrupt airline on July 20, as they look to recover ......
Manufacturing
Adhunik Metaliks goes into liquidation as Liberty House fails to pay up
The National Company Law Tribunal (NCLT) has ordered the liquidation of Adhunik Metaliks Ltd and unit Zion Steel after the ......
Finance
Why a large number of firms are collapsing in insolvency tribunals
A little more than two months ago, a bankruptcy court ordered the liquidation of ABG Shipyard Ltd—one of India’s biggest...
Infrastructure
Adani to get another chance for Dighi Port as JNPT withdraws bid
State-owned Jawaharlal Nehru Port Trust (JNPT) has withdrawn its bid to buy debt-laden Dighi Port Ltd after an insolvency court...
Manufacturing
Asian Colour Coated Ispat's lenders approve takeover offer from JSW Steel
Lenders to Asian Colour Coated Ispat Ltd have approved an offer from Sajjan Jindal-led JSW Steel Ltd to acquire the ......
Healthcare
NCLT approves Dhanuka Laboratories bid to take over Orchid Pharma
The National Company Law Tribunal has cleared a resolution plan submitted by Dhanuka Laboratories Ltd to acquire debt-laden drugmaker...
General
Stressed assets: NCLT gets more judges; Jet Airways finally lands into bankruptcy court
In a development that will help ease the burden of bankruptcy courts and expedite the resolution of distressed assets, the ......
Manufacturing
Moser Baer Solar heads for liquidation after failing to find buyer
Moser Baer Solar Ltd is heading for liquidation after the debt-laden company failed to get any insolvency resolution plan from...
General
Stressed assets this week: Amtek Auto starts afresh, Orchid Pharma faces a twist
On June 14, 2017, the Reserve Bank of India asked banks to take the 12 biggest debt defaulters to bankruptcy ......
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