NCLT rejects demand for historicity of slots
Business Standard brings you the top news of the evening
The airline suspended operations in April 2019 and is under insolvency for nearly two years
Institutional investors lead rejection brigade as Naresh Goyal abstains; proposal to appoint Sharp and Tannan as statutory auditors approved
Expresses surprise that Twin Star's bid was so close to liquidation value
Here are the best of Business Standard's opinion pieces for Wednesday
Twinstar had offered to pay Rs 2,962 crore to the lenders of Videocon Industries which was saddled with debt of Rs 46,000 crore
Promoters should not be allowed to delay insolvency resolution
CoC to meet on June 10 to decide on voting on NBCC, Suraksha offers
Rakesh K Yadav says he got Rs 16 lakh as part of settlement
While its committee of creditors as well as the RBI and the CCI, have given their approval to the resolution plan put forward by the Piramal Group, the plan is awaiting the NCLT
The Kalrock - Jalan consortium, who are successful resolution applicants of Jet Airways, said they were under the impression that slots and traffic rights held by Jet will revert to it
Lenders who have run up Rs 7,700 cr bad loans will call for fresh bids
NCLAT clarified that such appeals should not come in the way of the NCLT deciding on the approval of the resolution plan given by the Piramal Group which has already been approved by the lenders.
The committee of creditors of DHFL has challenged the NCLT order directing the lenders to consider the offer by the debt-ridden mortgage firm's erstwhile promoter Kapil Wadhawan
Directs administrator to place proposal before the CoC and inform the outcome within 10 days
Here are the best of Business Standard's opinion pieces for Friday
Tribunal gave direction to have a look at offer by Kapil Wadhawan
DHFL should not go back to its erstwhile promoter
RIL has already extended the deadline of closure of the deal with Future in anticipation of procedural as well as delays resulting from the legal battle between Amazon and Future group