Month: April 2024

Go First

Delhi HC directs DGCA to deregister Go First aircrafts

The Delhi High Court on 26 April 2024 directed the Directorate General of Civil Aviation (DGCA) to process the applications...

Ushdev Engitech

Bombay HC restricts power of state-run banks to issue look out circulars

In a significant ruling with far-reaching implications, the Bombay High Court has clipped the wings of state-run banks in their...

Rosmerta Technologies

NCLT nod to Rosmerta Technologies Rs 59.4-cr bid for Smart Card IT Solns

The Mumbai bench of the NCLT has approved the Rs 59.40-crore resolution plan submitted by Rosmerta Technologies Limited for Smart...

Special Court

SC says special court presided over by sessions judge can try complaints under IBC

A special court presided over by a sessions judge or an additional sessions judge has the jurisdiction to try a...

Cheema Spintex

Shree Veerakumar Fibre acquires Uthara Fashion Knitwear for Rs 26 cr

Uthara Fashion Knitwear Limited, a Tamil Nadu-based textile company with over 30 years of experience, has been acquired by Shree...

MEP Infrastructure Developers

MEP Infrastructure Developers to undergo insolvency resolution process

Mumbai-based MEP Infrastructure Developers Ltd will undergo corporate insolvency resolution process after the Mumbai bench of the NCLT admitted the...

Hanung Toys &Textiles

Hanung Toys & Textiles creditors suffer 98.5% haircut; Cyfuture India acquires co for Rs 78 cr

The New Delhi bench of the National Company Law Tribunal (NCLT) has approved the Rs 78 crore resolution plan submitted...

Viceroy Hotels

Shares of Viceroy Hotels to resume trading from 3 April 2024

Shares of Viceroy Hotels Limited listed on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) will resume trading on April 3, 2024....