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...
19 Jun, 2025, 02.27 PM IST
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...
19 Jun, 2025, 07.38 AM IST
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 ...
01 Mar, 2025, 08.01 AM IST
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...
01 Mar, 2025, 12.44 AM IST
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...
25 Feb, 2025, 05.47 PM IST
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...
17 Feb, 2025, 06.16 PM IST
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...
28 Nov, 2024, 11.29 PM IST
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 ...
07 Mar, 2024, 11.30 PM IST
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...
14 Aug, 2023, 01.00 AM IST
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...
07 Aug, 2023, 12.52 AM IST
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...
25 Jul, 2023, 12.56 PM IST
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...
16 Jun, 2023, 12.24 AM IST
EY's Shailendra Ajmera gets NCLT nod to be Go First's RPAjmera will replace an interim resolution professional (IRP) who was till now in charge of the affairs of the Wadia group-promoted airline ...
15 Jun, 2023, 06.49 PM IST
Lenders may appoint EY or KPMG-backed resolution professional for GoFirstLenders of Go Airlines are considering appointing KPMG-backed resolution professional at the first committee of creditors (CoC) meeting sch...
09 Jun, 2023, 02.15 PM IST
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...
03 Mar, 2023, 12.22 AM IST
Patanjali to infuse Rs 3,438 crore in Ruchi Soya to settle duesPatanjali will infuse over Rs 3,438 cr as equity and debt to settle dues of creditors of the debt-laden firm.
09 Sep, 2019, 06.18 AM IST
Patanjali moves NCLT for considering Ruchi Soya offerPatanjali also expressed its interest to RP Shailendra Ajmera and the lenders and said it was ready to match Adani’s offer given a chance.
31 Jan, 2019, 07.19 AM IST