Tag: national company law tribunal
Ashneer Grover withdraws oppression, mismanagement plea against BharatPe board after settlement: Report
Ashneer Grover, the co-founder and former managing director of BharatPe has now withdrawn his plea from the National Company Law Tribunal (NCLT), in which he…
NCLT: Rescues for large defaulters may strike an informal note
The Centre would soon put in place a creditor-led insolvency resolution mechanism, largely involving out-of-court arrangements for even big loan default accounts, to ease the…
byjus: SC to hear Glas Trust’s plea over insolvency proceedings against Byju’s on September 17
The Supreme Court on Wednesday said it will hear on September 17 the appeal of US-based creditor Glas Trust Company LLC against a judgment of…
rbi: Govt fast-tracks approval process for overseas-headquartered startups’ mergers into Indian arms
In a big boost to the so-called “reverse flipping”, India has decided to fast-track the approval process for the merger of a start-up incorporated outside…
NCLT directs Go First to submit report on aircraft maintenance
The National Company Law Tribunal (NCLT) on Friday directed the resolution professional of cash-strapped grounded airlines Go First to submit details of the subsequent developments….
insolvency: IBBI prepares list of 400 insolvency professionals for easy pickings
In a first for the country’s bankruptcy resolution regime, the insolvency regulator has prepared a “common panel” of 400 insolvency professionals (IPs) from those registered…
insolvency: IBBI to form ‘common panel’ of insolvency professionals
The bankruptcy regulator will prepare a “common panel” of insolvency professionals (IPs) from those registered with it and share the list in advance with the…
Startup and MSME M&As to be cleared within 15-60 days
India on Tuesday revamped the rules governing approval for mergers and acquisitions (M&As) in the startup space to make the process faster and simpler. M&As…
MSME: Startup and MSME M&As to be cleared within 15-60 days
India on Tuesday revamped the rules governing approval for mergers and acquisitions (M&As) in the startup space to make the process faster and simpler. M&As…
NCLT initiates Go First airline’s plea to initiate insolvency resolution
The National Company Law Tribunal (NCLT) on Wednesday admitted Go First’s voluntary plea under the Insolvency and Bankruptcy Code (IBC) and awarded the airline bankruptcy…