Interim Resolution Professional News Today

The Delhi High Court on Friday ordered the de-registration of the planes leased out to Go First Airlines by various companies, and restrained the debt-ridden airline from flying them.

The Gujarat High Court has quashed the demand notice and assessment order in the absence of any claim not forming part of the resolution plan (RP).The bench of Justice Bhargav D. Karia and Justice...

The Corporate Insolvency Resolution Process (“CIRP”) of a real estate company is fairly divergent from other sectors. The stressed real estate company may have multiple projects that may be at...

Top Events of the Day: Farmers to observe Black Friday over the death of Shubkaran. PM Modi to launch multiple projects in Varanasi. NCLAT stays NCLT order in Dream 11 case till Feb 23. US to impose sanctions on over 500 targets in Russia. Jharkhand budget session to commence today.

The Delhi High Court on Thursday stayed last months judgment of a single judge which held that in cases where the investigation under the Prevention of Money-Laundering Act, 2002, (PMLA) extends...

The Delhi High Court on Thursday stayed a single judge bench's order that mandated the return of seized property to its original owner if the Enforcement Directorate's investigation under the Prevention of Money-Laundering Act extends beyond ...

Dream 11 co-founder Bhavit Sheth filed an application claiming that the application seeking initiation of insolvency against Dream 11 was barred under Section 10A of IBC.

The National Company Law Appellate Tribunal (NCLAT) has stayed the NCLT Mumbai benchs order to initiate a Corporate Insolvency Resolution Process (CIRP) against Sporta Technologies, the operator of the fantasy sports platform Dream11. The stay will remain in effect until the next hearing on February 23.

Get latest articles and stories on Latest News at LatestLY. The National Company Law Appellate Tribunal on Wednesday stayed the NCLT Mumbai bench order to initiate a corporate Insolvency Resolution Process (CIRP) against Sporta Technologies, which operates the fantasy sports platform Dream 11. Latest News | NCLAT Stays NCLT Order in Dream 11 Case, Directs IRP Not to Take Any Step Till Feb 23.

The implementation of Suraksha groups resolution plan would come as a major relief for more than 20,000 homebuyers who have invested in Jaypee Infratech projects.