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RP AJMERA
Resolution professional handling Byju’s case extends deadline to submit EoI to January 15The deadline to bid for Byju's assets has been extended to January 15. This gives potential buyers more time for due diligence. Bidders can...- NCLT issues notice to Byju's resolution professional on Aakash's rights issue pleaThe petition filed by Aakash Educational Services questioned the legality of the funds raised by Think & Learn to subscribe to the rights i...
- EY-backed RP sues Byju’s Dubai-based marketing agent for Rs 1,597 croreThink and Learn, facing insolvency, is suing Dubai-based More Ideas General Trading for Rs 1,597 crore over alleged unpaid dues. The lawsui...
- Byju’s RP’s suit claims directors owe compensation to company under IBC lawsAn EY-backed resolution professional, Shailendra Ajmera, has sued former Byju's directors. The lawsuits claim fraudulent asset transfers. T...
- Sebi eases Esop rules; VCs chase secured creditThe markets regulator has relaxed Esop rules for founders preparing to take their companies public. This and more in today’s ETtech Morning...
- Byju Raveendran seeks probe into alleged EY-Glas Trust collusionAccording to Raveendran, he and several employees of the bankrupt edtech firm received a document with conclusive evidence of criminal coll...
- NCLT approves Shailendra Ajmera as new resolution professional of Byju’s parent firmEarlier, the tribunal directed the committee of creditors (CoC) to submit its recommendation on the appointment of a new RP after the NCLT ...
- Byju Raveendran seeks probe into alleged EY-Glas Trust collusionByju Raveendran, CEO of Byju's, has called for an investigation into claims of collusion and fraud by Glas Trust, EY, and former resolution...
- NCLT defers appointment of new resolution professional for Think & LearnThis follows the NCLT finding lapses in the resolution professional Pankaj Srivastava’s conduct and seeking disciplinary proceedings agains...
- Byju's committee of creditors votes to appoint new resolution professionalThe lenders’ action follows the tribunal directing the CoC to submit its recommendation on the appointment of a new resolution professional...
- Go First proposes new liquidator after objections from tribunalOn Thursday, the bankrupt airline Go First filed an application with the National Company Law Tribunal (NCLT) seeking approval for a new li...
- Delhi HC issues contempt notice to Go First RPDelhi HC issued showcause notice to Go First RP Shailendra Ajmera for non-compliance of orders regarding maintenance of aircraft leased to ...
- Go First asks lenders for urgent funding of Rs 100 croreThe Delhi High Court recently allowed aircraft lessors to inspect planes they have lent to Go First. The order was later upheld by a divisi...
- Lenders defer deadline to submit EoI for Go FirstThe lenders of grounded Indian airline, Go First, have pushed back the timeline for submission of Expressions of Interest (EoI) by one mont...
- NCLT appoints EY-backed Shailendra Ajmera as RP of Coffee Day GlobalCoffee Day Global, which operates Cafe Coffee Day chain, was admitted in bankruptcy court for insolvency proceedings on the behest of Indus...
- NCLT directs Go First resolution professional to ensure protection of engine lessors' assetsThe National Company Law Tribunal has directed the resolution professional of Go First airline to ensure the maintenance of nine engines le...
- Phoenix ARC may sell Mittal Corp to Shyam SelPhoenix ARC is the largest debtholder after bank lenders sold their loans at a Swiss challenge auction for ₹405 crore last October. The loa...
- RIL team among five bidders in race for bankrupt Sintex IndustriesSintex Industries Ltd, which is undergoing a corporate insolvency and resolution process, had received 16 expressions of interest including...
- Patanjali not to back out from race to acquire Ruchi Soya: Acharya BalkrishnaIn December 2017, Ruchi Soya Industries entered into the Corporate Insolvency Resolution Process (CIRP) and Shailendra Ajmera was appointed...
- Ruchi Soya's RP seeks 8-10 days to reply on issues raised by PatanjaliPatanjali flagged concerns over Adani group's eligibility to participate in the bidding process under Section 29 A of the Insolvency and Ba...
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