NCLT Chairman Justice Anupvinder Singh Grewal Calls For Faster Insolvency Resolution
NCLT Chairman Justice Anupvinder Singh Grewal called for faster insolvency resolution and stronger institutional capacity at the IBC Pulse 2.0 conference.
Delhi Gymkhana Club Faces Eviction Over Security, Governance Concerns
The Delhi Gymkhana Club faces eviction after the government cited security concerns, while allegations of irregularities and legal disputes continue to surround the historic institution.
NCLAT Backs Adani Bid For Jaiprakash Associates; Rejects Vedanta Challenge
NCLAT clears Adani Group’s Rs 14,535 crore bid for Jaiprakash Associates and dismisses Vedanta’s appeal, paving the way for resolution of the debt-laden firm.
Supreme Court Issues Notice To Gymkhana Club President In Contempt Case
The SC has taken a serious view in the ongoing Delhi Gymkhana Club controversy, issuing a notice to club president in a contempt case.
Delhi Gymkhana Club Row Deepens As Government-Appointed Board Faces Corruption Allegations
The Ministry of Corporate Affairs took over the Delhi Gymkhana Club four years ago over corruption but has not investigated any cases.
Adani Power Completes Acquisition Of 600 MW Vidarbha Plan; Operational Capacity Rises To 18,150 MW
Adani Power Ltd has completed the acquisition of Vidarbha Industries Power Ltd for ₹4,000 crore, increasing its capacity to 18,150 MW.
SpiceJet Settles $23.39 Million Dispute With Aircastle For $5 Million
On Tuesday, SpiceJet announced the resolution of its dispute with Aircastle and Wilmington Trust, settling for $5 million.
Noida Authority Sends Notice To 13 Builders For Dues over 8510 Crore
The Noida authority has given them fifteen days. They are asked to either end NCLT cases or lose their ability to utilise the state government's waiver provisions.
Byju’s Reaches Karnataka HC Against NCLT Order Prohibiting It From 2nd Rights Issue
The (NCLT) judgement preventing Byju's from proceeding with its second rights issue has been challenged in the Karnataka High Court by the Edtech business, which is embroiled in a number of disputes and facing financial difficulties.
Lenders to Consider Forensic Audit of Go First’s Accounts
Lenders are likely to conduct a forensic audit of cash-strapped Go First Airlines accounts to check if there has been any diversion of funds.
