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NCLT orders insolvency proceedings against Zee’s Subhash Chandra

Subhash Chandra faces insolvency after defaulting on loan as personal guarantor

Subhash Chandra launched Zee Entertainment, considered to be the pioneer of television entertainment industry in India, in 1992.(Vipin Kumar/HT File)
Published on Apr 22, 2024 10:17 PM IST

GoFirst's last stand: Understanding airline insolvency in India

The NCLT has granted Go First a final 60-day extension on its moratorium. Meanwhile, two suitors are vying to revive the 18-year-old carrier.

Go first airlines (Representative Photo)
Published on Apr 13, 2024 08:55 PM IST

NCLT can release properties attached by ED, rules Bombay HC

The National Company Law Tribunal (NCLT) is empowered to declare the end of prosecution against the corporate debtor & attachment over its properties by agencies like Enforcement Directorate (ED)

ED had approached the high court challenging the NCLT Mumbai’s order dated April 28, 2023. (File photo of Bombay HC | Mumbai Tourism)
Published on Mar 04, 2024 04:54 PM IST

ZEEL makes another attempt to save $10 billion merger with Sony Group

ZEEL shareholders have entered yet another petition in the NCLT seeking the enforcement of the now-cancelled merger with Sony Group.

Sony called off its merger with ZEEL last week (Reuters)
Published on Jan 30, 2024 10:56 PM IST
ByVaishnawi Sinha

NCLT notice to Byju’s over 158 crore BCCI dues

The deal with the cricket board's former sponsor was for Rs4.61 crore per bilateral match and Rs1.51 crore per match in an ICC event

A man walks past an advertising hoarding of Byju's, an Education Technology company and one of India's biggest startup, outside one of its branches in New Delhi(REUTERS)
Updated on Dec 05, 2023 09:22 AM IST
By, Mumbai
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