NCLT transfers 3 more members with immediate effect
NEW DELHI: The National Company Law Tribunal (NCLT) has transferred three more members to different benches across the country with immediate effect. On April 30, it had transferred eight members as part of an organisational reshuffle. According to a notification issued by the NCLT Registrar on Tuesday, the new list comprises three judicial members. The […]
Jet Airways’s resolution professional invites expressions of interest by August 3
NEW DELHI: The resolution professional (RP) of Jet Airways on Saturday called for expressions of interest (EoIs) to sell the grounded airline’s meager assets by August 3. In an advertisement posted on the airline’s website and in newspapers, the RP, Ashish Chhawchharia, appointed by Jet Airways’ lenders, has set a deadline of August 3 for […]
Leela promoters curious over ‘sale’ of hotel group
NEW DELHI: In a curious tale of a transaction taking place without the owner’s knowledge, embattled Hotel Leela Ventures Company Secretary Alen Fernes wrote to both NSE and BSE surveillance departments on February 12 saying “We wish to clarify that the company in consultation with lenders is evaluating various options and there is no binding […]