The total admitted debt in the resolution process was around Rs 6,500 crore.
29 Jun 2019 3:11 PM
Jet Airways owes more than Rs 8,000 crore to banks, and thousands of crores more in arrears to vendors, lessors and employees.
23 Jun 2019 4:11 PM
SBI-led consortium of 26 lenders had decided to seek resolution under IBC as they had received only a conditional bid.
21 Jun 2019 8:03 PM
A ban imposed by BSE on the futures and options contracts on Jet Airways shares lapsed on Friday.
21 Jun 2019 3:08 PM
The key lesson to be learnt in the unravelling of the Jet story is that there's no such thing as a free ride at the cost of public funds.
19 Jun 2019 1:13 AM
Harried bankers on Monday decided against an outright sale of Jet Airways to the lone bidder.
18 Jun 2019 12:47 PM
The decision was taken after a meeting of the State Bank of India-led consortium of lenders.
17 Jun 2019 6:34 PM
A single member NCLT bench of Justice Bansi Lal Bhat directed to list ICICI Bank's plea on July 1 for hearing.
17 Jun 2019 1:18 PM
The voting on NBCC's bid started on Friday and will continue till June 10.
01 Jun 2019 11:12 AM
As many as 13 banks and over 23,000 home buyers have voting rights in CoC. Buyers have nearly 60 per cent votes.
30 May 2019 3:03 PM
Under Section 241 of the Companies Act, 2013, a minimum shareholding of 10 per cent is required to file such cases.
28 May 2019 7:56 PM
NCLT made an observation that there was 'duplicacy of the claims' of ICICI.
27 May 2019 7:35 PM
The voting process will end on Sunday and the outcome would be declared on May 20.
16 May 2019 1:43 PM
The recovery rate for the 94 cases resolved through IBC by FY2018-19 is 43 per cent.
15 May 2019 8:49 AM
NBCC's revised bid to acquire Jaypee Infratech and complete work of over 20,000 flats would be discussed on May 14 by CoC.
14 May 2019 12:25 PM
The judgement was delivered by the Supreme Court Division Bench comprising Justice R Banumathi and Justice R Subhash Reddy.
11 May 2019 2:33 AM
An NCLAT bench headed by Chairman Justice S J Mukhopadhaya allowed RCom to withdraw its appeal.
30 Apr 2019 5:49 PM
ITC has also moved the NCLT against Leelaventure alleging ‘oppression and mismanagement’, and minority shareholder LIC.
24 Apr 2019 11:34 AM
The share swap ratio for the merger will be 568 shares of Bandhan Bank for every 1,000 shares of Gruh Finance.
24 Apr 2019 8:47 AM
The bidding process to these assets having 12 sites spread across seven states was launched in November last year.
23 Apr 2019 9:32 AM