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KSK Mahanadi to NCLT: Change of circumstances calls for fresh bidding

KSK Mahanadi Power Company, represented by its Resolution Professional s counsel, informed the NCLT, Hyderabad, on Monday, that new circumstances necessitate a reissuance of bids under the corporate insolvency resolution process (CIRP) for KSK Mahanadi Power, which entered insolvency proceedings in October 2019. ....

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NCLAT Fortnightly: Important orders on IBC (April 1 – April 15, 2024)

The article provides a brief look at important orders passed by the NCLAT under the IBC between April 1 and April 15, 2024. ....

Prem Prakash Bansal , Mukund Rajhans , Arunkumar Jayntilal Muchhala , Shweta Sharma , Tech Townships Limited Company Appeal , Kerala State Electricity Board , Warm Forgings Private , Awaita Properties Ca At Ins No , Paulose Nechupadam Construction Private , Bankruptcy Application To Adjudicating Authority , Corporate Insolvency Resolution Process , Pankaj Mehta , Hi Tech Townships Limited , Company Appeal , Real Estate , Adjudicating Authority , Finance Limited , Patrika Private Limited , Indian Contract Act , Warm Forgings Private Limited , Testing Services Limited , Tulip Hotelv , Asset Reconstructions , Sameer Bansalv Canara Bank , Indoor Management , Contract Act ,

NCLT grants 60-day extension to Go First Airlines for insolvency resolution

After Go First exhausted the maximum limit of 330 days on April 4, it approached the Tribunal for an extension under exceptional circumstances. ....

Backruptcy Code , National Company Law Tribunal , Nclt Delhi , Go First Airlines , Go Airlines , Go First Insolvency , Go First Liquidation Process , Insolvency And Bankruptcy Code , Go First Ibc , Nclt News , Nclt Orders , Extension Of Cirp ,

Go First gets 60 more days for insolvency resolution

India Business News: The fate of Go First, grounded on May 3, 2023, remains uncertain as NCLT extends CIRP by 60 days. CoC reviews two bids, including Central Bank of Indi ....

National Company Law Tribunal , Wadia Group , Central Bank , Business News , Insolvency Resolution , Go First ,

Dream11: Keep Dream11 as going concern: NCLAT to RP

The National Company Law Appellate Tribunal (NCLAT) has directed Sporta Technologies, parent company of Dream11, to maintain its status as a going concern, despite the RP s counsel arguing that the management is suspended. ....

National Company Law Appellate Tribunal , Sporta Technologies , Suspended Board Of Directors ,