nclt

Lenders to are holding open the choice of promoting 11 planes of the defunct service, successfully pushing the airline into liquidation, as they're more and more annoyed with the delay in executing the decision plan. Bankers say the…

Sanjiv Kapoor, CEO for Jet Airways, on Twitter termed a report saying 60% of Jet Airways' present staff, together with senior administration, being despatched on unpaid depart with out pay for 3 months as "100% false info".In one other…

The federal government has appointed a complete of 15 judicial and technical members on the Nationwide Firm Regulation Tribunal (NCLT), which is grappling with a scarcity of judges. The NCLT adjudicates issues associated to the…

Insolvency instances amounting to just about Rs 10.5 lakh crore , excluding liquidation and sure different issues, have been disposed of by the Nationwide Firm Regulation Tribunal (NCLT). The quantity was talked about by tribunal's…