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AIRCEL INSOLVENCY
Omkara, Oaktree pay Rs 1,200 crore to buy GTL debt from EdelweissOmkara Asset Reconstruction Company and Oaktree Capital Management have acquired GTL Infrastructure's debt. The deal, valued at ₹1,200 cror...20 Apr, 2026, 06.17 AM IST- TVS Supply settles dispute with ZTE, withdraws insolvency plea in NCLATTVS Supply Chain Solutions has settled its debt dispute with ZTE Telecom India. The company withdrew its appeal against an order that rejec...19 Apr, 2026, 01.12 PM IST
- DoT may move Supreme Court against NCLAT Aircel orderThe telecom department may file an appeal against an appellate order in the Aircel case, objecting to certain portions which stated that sp...29 Jun, 2021, 10.32 AM IST
- Aircel’s Committee of Creditors moves SC against NCLAT orderPeople familiar with the matter said Aircel resolution professional Deloitte and asset reconstruction firm UVARCL, which had been cleared b...03 Jun, 2021, 09.02 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
- Sarfaesi Act may be amended for clarity to help UVARCL in Aircel bankruptcy case and assuage SBI concernsIn a recent meeting, the government assured senior officials of the SBI--the largest lender in many bankruptcy cases—that it will work towa...04 Nov, 2020, 08.27 AM IST
- State Bank of India seeks meeting with Finance Minister to save Aircel's resolution planThe request from the lead lender to the bankrupt mobile operator comes days after UV Asset Reconstruction Company - which has proposed to b...27 Oct, 2020, 11.08 AM IST
- Supreme Court says NCLAT to decide on spectrum sale of bankrupt AircelThe government in various appellate and insolvency courts has said that spectrum is a national asset that cannot be transferred to a third ...25 Sep, 2020, 06.44 PM IST
- SBI to meet RBI brass on dismissal of UV Asset Reconstruction Co. Ltd bidThe RBI’s opposition to ARCs becoming resolution applicants (RA) could scuttle not just the Aircel plan but that of others such as Reliance...28 Aug, 2020, 08.05 AM IST
- Supreme Court wants all information on RCom, Sistema, Aircel & Videocon bankruptcy cases“We need to ensure that the IBC is not being misused by companies to escape liabilities,” a three-judge bench headed by Justice Arun Mishra...21 Jul, 2020, 08.26 AM IST
- National Company Law Appellate Tribunal orders Airtel to pay Rs 112 crore to AircelAccording to people aware of the developments, NCLAT overturning National Company Law Tribunal's order will be a setback to Airtel , which ...14 Jul, 2020, 06.13 PM IST
- NCLAT dismisses DoT's plea in Aircel licence moratorium matter citing delay in appealThe Department of Telecommunications (DoT) had appealed against an order of the Mumbai bench of the National Company Law Tribunal (NCLT). I...08 Mar, 2020, 05.07 PM IST
- DoT to oppose spectrum sale of bankrupt telcosDoT says only the government can sell asset; move may make RCom, Aircel less attractive to buyers.06 Jun, 2019, 08.14 AM IST
- NCLT allows Airtel to retain Rs 112-crore from Aircel paymentNCLT order comes on the back of long dispute over settlements between Airtel and Aircel, which is in the midst of insolvency proceedings.06 May, 2019, 07.51 AM IST
- Supreme Court allows Aircel staffers to file contempt pleaThe Aircel employees said that without Airtel's payment, they were unable to even meet their basic needs.10 Jan, 2019, 01.09 PM IST
- NCLT believes Aircel has potential to revive businessOne of the operational creditors, which filed to be party to the case to protect its dues of almost Rs 1,000 crore, has been allowed to lod...15 Mar, 2018, 08.16 AM IST
- GTL Infra plunges 20% on Aircel insolvency worriesThe stock plunged 19.85 per cent to Rs 3.11 on Friday.09 Mar, 2018, 04.35 PM IST
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