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NCLT replaces Resolution Professional in insolvency proceedings against Subhash Chandra

NCLT replaces Resolution Professional in insolvency proceedings against Subhash Chandra
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Punjab & Sind Bank : Brief Profile of Candidates

Brief Profile of Candidates .

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Plane-less Go First s situation painful ; muted hopes for a tailwind

India Business News: MUMBAI/ NEW DELHI: Last May, it all started with flight suspension for just three days and "an unfortunate decision" of voluntary insolvency resolutio.

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NCLAT: NCLAT starts hearing YEIDA petition against Suraksha s bid to acquire JIL | Noida News

NCLAT starts hearing YEIDA petition against Suraksha’s bid to acquire JIL. The National Company Law Appellate Tribunal (NCLAT) is hearing a plea by Yamuna Expressway Authority (YEIDA) challenging an NCLT’s order in an insolvency resolution submitted by Suraksha Group for debt-ridden Jaypee Infratech Limited (JIL). The case involves disputes over additional compensation to farmers and the impact on construction of thousands of flats. Stay updated with the latest developments in this ongoing legal battle.

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NCLT admits insolvency resolution plea against listed infra firm Sadbhav Engineering

“The applicant (SS Infra) has proved before us that the outstanding operational debt is more than rupees one crore, which is due to the applicant by the respondent and that the respondent (Sadbhav Engineering) has defaulted in payment,” said the division bench of judicial member Shammi Khan and technical member Sameer Kakar, in its order of April 22.

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