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Tag: National Company Law Tribunal

Top BYJU’S Investors May Opt Out of $200 Mn Rights Issue Amidst Legal Battle

Top investors in BYJU’S parent company, Think and Learn Pvt Ltd, are considering skipping the edtech major’s $200 Mn rights issue, which concludes on...

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NCLAT Rejects Go Airlines’ Petition Against the Withdrawal of Sovika Aviation Services’ Insolvency Proceedings

The National Company Law Appellate Tribunal (NCLAT) has rejected a plea filed by budget airline Go Airlines challenging an NCLT judgement allowing Sovika Aviation Services to withdraw from insolvency proceedings. On September 23, 2021, the Mumbai bench of the National […]

Tribunal Refrains Mumbai Airport Authorities From Removing Jet Airways’ Assets From Airport Premises

In an interim relief to Jet Airways, the National Company Law Tribunal (NCLT) has ordered Mumbai International Airport Ltd (MIAL) to not remove the airline’s assets from Mumbai airport premises, including its hangar. The tribunal has also directed the airport […]

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