SpiceJet, NCLT
NCLT Issues Notice To Spicejet Over Insolvency Plea From Another Operational Creditor
The National Company Law Tribunal (NCLT) on Monday issued a notice to embattled low-cost carrier SpiceJet over a petition by
No Respite For Troubled SpiceJet As NCLT Issues Notice Over Another Insolvency Plea
SpiceJet hit a new low with its market share shrinking by 80 bps to 2.3 per cent (month-on-month) in August, largely due to financial woes and increased grounding, carrying just 3.01 lakh domestic passengers.
SpiceJet's Troubles Mount As NCLT Issues Notice Over Unpaid Dues
Last week, the Supreme Court declined to interfere with a Delhi High Court order that grounded three engines leased to SpiceJet by French companies Team France 01 SAS and Sunbird France 02 SAS.
NCLT issues notice to SpiceJet over another unpaid operational debt
NCLT issues notice to SpiceJet after Techjockey Infotech files plea over Rs 1.18 crore unpaid operational debt. Hearing set for November 14.
Spicejet faces another insolvency plea from operational creditor; NCLT issues notice
The National Company Law Tribunal has issued a notice to SpiceJet over a plea by Techjockey Infotech Pvt Ltd, claiming a default of Rs 1.2 crore. SpiceJet is already facing multiple insolvency petitions from various creditors.
Spicejet Gets Notice From Law Tribunal Over Insolvency Plea From Creditor
The National Company Law Tribunal (NCLT) on Monday issued notice to debt-ridden air carrier SpiceJet over the plea filed by one of its operational creditors.
SpiceJet raises Rs 3,000 Crore through QIP amid new insolvency plea
SpiceJet said on Monday that it has successfully raised Rs 3000 crore through its recently concluded Qualified Institutional Placement (QIP). In addition to the Rs 3,000 crore, SpiceJet claims it will also receive an additional Rs 736 crore from the previous funding round,
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NCLT Issues Notice To Spicejet Over Another Unpaid Operational Debt (Lead)
(MENAFN- IANS) New Delhi, Sep 23 (IANS) The National Company Law Tribunal (NCLT) on Monday sought the response of low-cost ...
NCLT admits Future Group affiliate Acute Retail Infra under the insolvency resolution process
The Mumbai bench of the National Company Law Tribunal has admitted Future Group's Acute Retail Infra Pvt Ltd for Corporate ...
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Tax Department Can't Create Charge On Property Of Corporate Debtor During Currency Of Moratorium Imposed By NCLT: Himachal Pradesh HC
The Himachal High Court held that once the corporate debtor is directed to be liquidated by the NCLT u/s 33(5) of Insolvency ...
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NCLT approves Network18’s merger with TV18 and E18: Report
Network18 Media and Investment’s merger with TV18 and E18 has been approved by the National Company Law Tribunal (NCLT), ...
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Demands Prior to NCLT Order Under IBC: Need to Address Judicial Indiscipline with SOP
Demands for the period prior to NCLT Order under Insolvency and Bankruptcy Code – Gross judicial indiscipline – Need for proper SOP ...
NCLT directs IRP to respond to 26,000 homebuyers of Supertech
The National Company Law Tribunal has directed the interim resolution professional to respond to applications filed by ...
NCLT dismisses Philips India plea to buy minority stake over valuation gap
The National Company Law Tribunal has dismissed the petition by Philips India to buy out the remaining 3.87 per cent from its ...