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NCLT Kolkata, Resolution Plan, Promoter Liquidation Application, Simplex Projects Limited

NCLT Kolkata, Resolution Plan, Promoter Liquidation Application, Simplex Projects Limited
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During Pendency Of Liquidation Application, NCLT Kolkata Directs CoC To Re-Vote On Promoter s Rejected Resolution Plan, Since Plan Value Has Been Increased

The National Company Law Tribunal (“NCLT”), Kolkata Bench, comprising of Smt. Bidisha Banerjee (Judicial Member) and Shri Arvind Devanathan (Technical Member), has directed the Committee of.

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Vesttoo case: Settlement agreement closer, as creditors and JPL s near compromise

Creditor parties in the bankruptcy of insurtech Vesttoo are much closer now to an agreement on the settlements that had provisionally been reached, as

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Bids for bankrupt Go First set to open on February 23 as lenders search for suitors: Reports

Almost ten months ago, Go First entered a voluntary insolvency process, which resulted in the airline being grounded.

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Each homebuyer vote matters when voting on resolutions to withdraw CIRP: NCLAT

When it comes to proposals to withdraw CIRP, it is not enough to only count the opinion of the majority of homebuyers, the NCLAT held.

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