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SHAILENDRA AJMERA
BYJU's parent Think & Learn challenges Aakash rights issue in Supreme CourtThink & Learn, the parent company of BYJU's, has approached the Supreme Court. They seek to stop Aakash Educational Services from moving fo...- Ametek co Brickboss gets NCLT nod to buy Supertech ORB with ₹421-cr revival planThe bankruptcy court has approved Brickboss Infra's acquisition of Supertech ORB Project. The buyer has also proposed a revival plan worth ...
- 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...
- Aakash Educational Services seeks investigation into Byju's insolvency proceedingsAakash Educational Services has approached the National Company Law Tribunal to investigate alleged discrepancies in the insolvency resolut...
- 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...
- 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 directs Go First to provide lessors with essential documents within 14 daysThe Delhi High Court has ordered Go First's Resolution Professional (RP) to provide essential documents of the aircraft to the lessors with...
- Deutsche Bank’s Go Airlines loans settled out of courtET first reported on May 12 that Deutsche Bank provided the Mauritius-based Wadia Group company $300 million in 2021 and 2022 by creating c...
- 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...
- Go First looks at external funding for contingency planGo First, the first Indian airline to file for voluntary insolvency proceedings, is reaching out to asset reconstruction companies and dist...
- DGCA approves Go First’s plan to resume flightsBefore starting commercial scheduled flights, the airline will operate military charters to Leh and Thois. The airline had won the bid from...
- DGCA audit finds inadequacies in Go First's plan to restart opsGo First, India's first airline to voluntarily seek bankruptcy protection, might need to either scale down its proposed resumption routine ...
- Go First’s RP Shailendra Ajmera seeks Rs 425 crore in interim finance to restart airlineThe proposal for funds was put up to the committee of creditors of Go First at a meeting that took place earlier this week. The committee o...
- 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...
- 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 ...
- Go First lenders select EY-backed Ajmera as RPAjmera's selection is subject to approval from the National Company Law Tribunal (NCLT). The selection was communicated at a meeting of the...
- 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...
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