Spectrum allocated to telcos not asset, can't be subjected to insolvency process: Supreme CourtThe decision will have ramifications in the telecommunication sector where telecom firms such as Aircel Group of Companies have invoked mor...
13 Feb, 2026, 07.41 PM IST
New insolvency framework to be creditor-led: IBBI chairman Ravi MitalThe Insolvency and Bankruptcy Board of India (IBBI) is developing a creditor-led resolution framework to expedite the rescue of stressed fi...
08 Dec, 2024, 05.01 AM IST
IBC may get a voluntary group insolvency mechanism soonIndia is introducing a voluntary group insolvency framework under the Insolvency & Bankruptcy Code to streamline the resolution of intercon...
18 Oct, 2024, 05.30 AM IST
SC to hear appeals on Aircel spectrum dispute in OctoberThe Supreme Court will hear appeals in October regarding the transfer of Aircel's spectrum as part of its insolvency resolution plan. The g...
03 Sep, 2024, 09.20 PM IST
Aircel insolvency: Plea in Supreme Court for interim sale of right to use of spectrumThe former Resolution Professional of Aircel entities has requested the Supreme Court's permission to sell the right to use spectrum on an ...
18 Sep, 2023, 10.01 PM IST
Proposed IBC changes likely to reverse SC's Vidarbha Industries orderThe ministry of corporate affairs on Wednesday proposed that the adjudicating authority must admit an application filed by a financial cred...
20 Jan, 2023, 12.20 AM IST
Future Retail lenders select Deloitte backed interim resolution professional to take the company to bankruptcy courtLenders will approach NCLT next week. If the company does get admitted by the NCLT, it will have a bearing on the Rs 24,713-cr offer that R...
11 Apr, 2022, 10.07 AM IST
NCLAT says lenders cannot treat telcos' spectrum as 'security interest' under insolvency proceedingsNCLAT on Tuesday ruled that debt-ridden telecom companies undergoing insolvency proceedings cannot claim rights to their spectrum, which is...
13 Apr, 2021, 10.59 PM IST
Mauritius investor accuses IDBI Bank of derailing Siva Industries' saleA Mauritius-based investor has accused IDBI Bank of derailing the sale of Siva Industries and Holdings, the promoter company of C Sivasanka...
07 Aug, 2020, 07.27 AM IST
SC seeks Airtel, DoT response on Aircel employees’ contempt pleaStaff at debt-laden telco says Airtel and DoT have not released Rs 453 cr as per SC order
05 Jan, 2019, 01.24 PM IST
Aircel staffers move Supreme Court against DoT, AirtelThe employees alleged that the companies and their principal officers connived and wilfully disobeyed the court’s orders, according to the ...
03 Jan, 2019, 11.21 PM IST
High Court stays IT demand notices on Aircel, Dishnet WirelessHe issued the interim order after going through the affidavits filed by Aircel and Dishnet and the counter by the Assistant Commissioner of...
19 Dec, 2018, 08.33 PM IST
Aircel moves Supreme Court against Airtel, DoT over bank guaranteesThe beleaguered telco and its Dishnet Wireless unit said the delay in getting the guarantees back added to its financial struggles.
14 Dec, 2018, 07.11 AM IST
Aircel rejigs top deck after exodus of senior executivesThe company’s head of operations Vipul Saurabh and chief marketing officer Anupam Vasudev has resigned as well.
20 Jun, 2018, 08.16 AM IST
Op creditors may lose money lent to AircelClaims by operational creditors may not be met with concrete recoveries, given the order of precedence.
12 Jun, 2018, 10.28 AM IST
Aircel lenders eye restart, new investorsAircel chief executive Kaizad Heerjee was absent from the meeting. Sources said he was overseas trying to arrange interim funding. Malaysia...
18 Apr, 2018, 08.32 AM IST
Debt-laden Aircel to file for bankruptcy at NCLTMalaysian parent company Maxis had earlier proposed a cash infusion to support the debt-laden company but has pulled the plug, said one of ...
19 Feb, 2018, 09.41 AM IST