Tag: Insolvency
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Byju’s insolvency: Brothers move court to keep creditors away from ₹158 cr settlement | Company Business News-OxBig News Network
The suspended directors of embattled edtech firm Byju’s have approached the bankruptcy appeals court to prevent its creditors from deciding on a ₹158 crore...
NCLT recalls insolvency order against Logix Infra, cites ’fraudulent and mala fide’ intentions
New Delhi, Feb 9 (PTI) In a rare move, NCLT has recalled and set aside its own order directing insolvency proceedings against realty...
Byju’s insolvency: Suspended directors challenge NCLT ruling reinstating lenders, cite prejudice | Company Business News
Suspended directors of the bankrupt edtech firm Byju’s have approached the National Company Law Appellate Tribunal (NCLAT), challenging a Bengaluru insolvency court’s decision to...
Go First acquisition: NCLAT asks Busy Bee Airways to negotiate deal with lenders | Company Business News
The National Company Law Appellate Tribunal (NCLAT) has asked Busy Bee Airways, a bidder for bankrupt airline Go First, to approach the airline’s lenders...
Indian firms haven’t learnt to use insolvency law: IBBI – The Tribune-OxBig News Network
IBBI chief Ravi Mital on Thursday said companies in India have not learnt how to use the insolvency law and pitched for efforts to...