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NCLT levies Rs 20,000 cost on Byju s for not filing response to Surfer Tech plea

NCLT levies Rs 20,000 cost on Byju s for not filing response to Surfer Tech plea
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NCLT admits Indiabulls personal insolvency plea against Zee s Subhash Chandra

As a result of Chandra being admitted to moratorium, no litigation can be initiated against him. Chandra also cannot alienate or sell any of his assets and the Resolution Professional will now process the claims of those who intend to recover money from him.

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NCLT dismisses Wilmington s insolvency plea against SpiceJet

Wilmington had moved an insolvency plea against SpiceJet in June 2023 over unpaid dues. In May 2023, the DGCA deregistered three planes of SpiceJet at the request of lessors, one which belonged to Wilmington

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SC turns down Airtel plea for clarification in order asking it to pay Rs 112 crore to Aircel

As a consequence of SC s decision not to entertain the plea, Airtel chose to withdraw its application.

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NCLT defers Go First case to Feb 29, last effective hearing was in Nov 2023

The hearing was deferred after NCLT declared half a day holiday on January 22, owing to the Pran Pratishta ceremony at Ayodhya Ram temple

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