NCLAT rejects BCCI, Riju Raveendran’s plea for settlement in Byju’s insolvency case – Times of India

NEW DELHI: National Company Law Appellate Tribunal (NCLAT) has dismissed appeals filed by the BCCI and Byju’s board member Riju Raveendran, rejecting their request to withdraw insolvency proceedings and allow…

Continue ReadingNCLAT rejects BCCI, Riju Raveendran’s plea for settlement in Byju’s insolvency case – Times of India

Canara Bank classifies Reliance Communications accounts as ‘fraud’ – Times of India

NEW DELHI: Canara Bank has classified the accounts of Reliance Communications and its subsidiary Reliance Telecom as "fraud", as disclosed in a BSE filing. However, RCom which is currently under…

Continue ReadingCanara Bank classifies Reliance Communications accounts as ‘fraud’ – Times of India

Spicejet faces another insolvency plea from operational creditor; NCLT issues notice – Times of India

NEW DELHI: The National Company Law Tribunal (NCLT) on Monday issued notice to debt-ridden air carrier SpiceJet over the plea filed by one of its operational creditors. A two-member NCLT…

Continue ReadingSpicejet faces another insolvency plea from operational creditor; NCLT issues notice – Times of India