Monday, October 3, 2022
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CEL privatisation: Govt disqualifies bidder, terminates transaction officially

The government has disqualified the successful bidder chosen for the strategic disinvestment of CEL and has terminated the CEL privatisation process officially

Govt scraps sale of CEL to Nandal Finance; decision on Pawan Hans likely in Sept

The govt has decided to scrap the sale of CEL to Nandal Finance & Leasing as the selected bidder had failed to disclose its ongoing litigation in the NCLT

NCLAT asks IL&FS to consider claims of ITCPL’s operational creditors, file a supplementary plan

NCLAT asked the IL&FS board to consider a supplementary resolution plan for its subsidiary ITCPL, dealing with the claims of its operational creditors...

NCLAT directs distribution of Rs 16,361 cr to IL&FS creditors on pro-rata basis

NCLAT has directed the new board of the debt-ridden IL&FS Group to distribute Rs 16,361 crore of cash and InvIT units available across...

NCLAT asks Jet Airways to vacate office from Mack Star Marketing’s premises

The NCLAT has directed Jet Airways, which is preparing to resume flight services, to vacate its office from the premises of Mack Star Marketing in Mumbai

ACC appoints Vinod Pal (IRSME) as Financial Advisor in NCLAT

Vinod Pal (IRSME) has been appointed as Financial Advisor in the National Company Law Appellate Tribunal (NCLAT)

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