National Company Law Tribunal

- Sakshi Post

DGCA issues show cause notice to Go First over flight cancellations

May 02, 2023
New Delhi, May 2 (IANS) In a latest development, the Directorate General of Civil Aviation (DGCA) has issued a show cause notice to low-cost carrier Go First after the airline abruptly cancelled...
The firm said it paid Rs 165 crore in installments and now seeks Rs 500 crore towards principal amount and interest, as the project did not take off due to land disputes. - Sakshi Post

High Court To Hear Unitech’s Plea For Refund From Telangana Government

Dec 17, 2017
Unitech said it paid Rs 165 crore in instalments and now seeks Rs 500 crore towards principal amount and interest from TSIIC.
The names of around 2.25 lakh companies which have not been carrying out business activities for long have been struck off the official records and a number of directors associated with such firms have been disqualified. - Sakshi Post

Government Tightens Screws On Assets Owned By Shell Companies

Oct 27, 2017
The corporate affairs ministry asked states to identify properties owned by shell companies and prevent transactions in those assets.
The Gujarat High Court dismissed Essar Steel’s plea against the RBI directive to the banks to start insolvency proceedings against it. - Sakshi Post

Gujarat HC Dismisses Essar Steel Plea Against RBI’s Insolvency Order

Jul 17, 2017
Essar Steel had moved the high court challenging the RBI’s circular asking the banks to initiate action against the company.
Back to Top