SC issues notice to JKC and Jet Airways on SBI-led consortium's petition challenging NCLAT's March order
economictimes.indiatimes.com/industry/trans…

News Alert | Jet Airways Resolution: SBI moves SC against NCLAT order, calls it shocking and unacceptable

NCLAT sets aside insolvency proceedings against Dream 11 parent company

Read more here: tinyurl.com/yhsmbhxn

#NewsUpdate | NCLT orders insolvency proceedings against media mogul Subhash Chandra on plea by Indiabulls HomeLoans.

realtynxt.com/news/insolvenc…

#RealtyNXT #NCLT #Insolvency #Delhi #Bankruptcy #NCLAT

#SupremeCourt hears the plea by the lenders of Jet Airways, led by State Bank of India who have challenged a National Company Law Appellate Tribunal's (NCLAT) decision that upheld the resolution plan proposed by the Jalan-Kalrock consortium for the bankrupt airline

CJI DY

#JetAirways case: #SBI -led lenders move #SC against #NCLAT ’s March order upholding ownership transfer to JKC economictimes.indiatimes.com/industry/trans…

Lenders of Jet Airways have approached the Supreme Court to challenge the NCLAT order, which mandates the transfer of airline ownership to Jalan-Kalrock Consortium within 90 days.

The Supreme Court is scheduled to hear the plea tomorrow.

Source: livemint.com/companies/news…

NCLAT Chennai : “Free of Cost” copy of order sent by NCLT Registry is not a “Certified Copy” for the purpose of filing Appeal

#JetAirways case: #SBI -led lenders move #SC against #NCLAT ’s March order upholding ownership transfer to JKC
economictimes.indiatimes.com/industry/trans…

Operational Creditor cannot be Paid through Partly Paid ‘Redeemable Preference Shares’: NCLAT

#SBI and other lenders have approached #SupremeCourt against #NCLAT nod to transfer of ownership of bankrupt #airline , #JetAirways , to #JalanKalrockConsortium ( #JKC ) and its #resolutionplan
khabarinfra.com/sbi-led-lender… via Khabar Infra

'Free of cost' copy of final order sent by NCLT registry is not certified copy: NCLAT

report by ayesha arvind

barandbench.com/news/free-of-c…

The lenders of #JetAirways , led by State Bank of India, have challenged a #NCLAT 's decision that upheld the resolution plan proposed by the Jalan-Kalrock consortium for the bankrupt airline.

(Krishna Yadav reports)

livemint.com/companies/news…

NCLAT sets aside insolvency proceedings against Dream 11 parent company

report by Prashant Jha

barandbench.com/news/nclat-set…

🔍The Chennai Bench of the NCLAT clarifies the status of 'free of cost' copies of final orders from NCLT registries. In a March 15 ruling, the NCLAT held that such copies don't qualify as 'certified copies' for appeal filing purposes.

#legalupdates #NCLT #NCLAT #legalcompliance

As expected, ⁦State Bank of India⁩ challenges #NCLAT judgement.. ⁦Jet Airways⁩ again in jeopardy.. livemint.com/companies/news…

⚖️Supreme Court has admitted the plea of lenders.

⚖️The court stated that the NCLAT order was shocking and unacceptable.

⚖️'It reverses a Supreme Court ruling on a Rs 150 crore bank guarantee. We are supposed to collect Rs 4,400 crore, but they are struggling to repay Rs 300

Jet Airways lenders move Supreme Court against NCLAT order upholding Jalan-Kalrock Consortium resolution plan

report by Debayan Roy

barandbench.com/news/jet-airwa…

#Dream11 Insolvency Case update: Why? NCLAT set aside #Insolvency admission order of #NCLT against #Dream11 ( #Sporta Technologies Pvt. Ltd.)

Read here: ibclaw.in/nclat-sets-asi…

Case Reported at: ibclaw.in/mr-bhavit-shet…

#News1
NCLT Admits India Bull's insolvency plea against Subhash Chandra
#News2
Jet Airways lenders move Supreme Court against NCLAT order upholding Jalan-Kalrock Consortium resolution plan

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Circulated on 24th April 2024

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