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Total 37 results found. Search for [ Allahabad bench ]

Results 1 to 21 of 37
PTI
September 10, 2018
If NCLT allows the plea of the ICICI Bank, then this will be the second company of the crisis hit Jaypee group facing insolvency.


BusinessToday.in
New Delhi, August 10, 2018
Govt working on turnaround plan for Air India, may allow airlines to raise external commercial borrowingAs the Civil Aviation Ministry plans Rs 11,000-crore bailout package for ailing Air India, Aviation Secretary RN Choubey on Thursday confirmed that the centre is working on a turnaround plan to make the debt-ridden airline competitive. Also, the centre is working on ways to let all airlines raise external commercial borrowing to meet the rising operational costs. The decision se...


BusinessToday.In
August 9, 2018
The Supreme Court today asked the Allahabad bench of the NCLT to deal with the insolvency proceedings against Jaypee Infratech, allowing a second round of bidding.


PTI
New Delhi, July 17, 2018
Counsel appearing for the consortium of banks and FIs tells the apex court that Jaiprakash Associates Limited and Jaypee Infratech Ltd are separate legal entities, and if JAL is forced to pay for JIL then it will have adverse impact on JAL.


PTI
May 21, 2018



PTI
May 18, 2018



BusinessToday.in
New Delhi, February 20, 2018
The ED and the CBI cases lodged against the businessman say he defrauded seven banks by using loans meant to procure wheat and export of goods for various other purposes.


BusinessToday.in
New Delhi, February 19, 2018
As the security agencies grapple with the investigation pertaining to the PNB fraud case involving billionaire Nirav Modi, they now have another challenge to tackle - Rotomac Pens loan default case, which is pegged to be over Rs 2,919 crore.


PTI
February 18, 2018



BusinessToday.in
December 15, 2017
The December 31 deadline to deposit Rs 125 crore for safeguarding the interests of hassled home buyers-the second tranche due as per the apex court's diktat-has been pushed back to January 25 next year.


Manoj K Singh
New Delhi, September 22, 2017
The Insolvency and Bankruptcy Board of India (IBBI), recently on 16th August 2017, introduced a new form known as Form F for those Creditors who do not fall under the category of financial creditors and operational creditors.


BT Online
September 20, 2017
After directing realty firm Unitech to pay refunds of undelivered flats in Unitech's Vistas project in Gurugram, the Supreme Court on Wednesday ordered the real estate company to pay Rs 80,000 as compensation to each of the 39 flat buyers towards litigation costs.


BT Online
September 11, 2017
The apex court also asked the NCLT-appointed interim resolution professional (IRP) to take over the management of Jaypee Infratech and submit a plan to protect the interests of homebuyers and creditors within 45 days.


PTI
September 5, 2017
The National Company Law Tribunal (NCLT) has admitted a petition of Bank of Baroda against Amrapali Silicon City, real estate major Amrapali group company, on loan default.


BT Online
September 5, 2017
IDBI Bank, the largest creditor of Jaypee Infratech Ltd and the leader of the consortium of lenders to the Jaypee Group, moved Supreme Court on Tuesday to restore the insolvency proceedings against the real estate company a day after SC stayed the National Company Law Tribunal (NCLT) order.


BT Online
September 4, 2017
The Supreme Court on Monday stayed an order passed by the Allahabad bench of the National Company Law Tribunal (NCLT) on Jaypee Infratech. The Allahabad bench of the tribunal had accepted IDBI Bank's plea and classified Jaypee Infratech as insolvent.


PTI
New Delhi, August 17, 2017
The reforms have come when a large number of flat buyers have been left in the lurch, especially in Delhi-NCR due to delay in deliveries amid developers citing fund crunch.


PTI
August 16, 2017
Finance Minister Arun Jaitley today said the government has full sympathy with the agitating Noida homebuyers and they can seek relief under the insolvency law.


BT Online
August 16, 2017
There could be some relief for home-buyers who had invested in Jaypee Infratech projects.


Teena Jain Kaushal
New Delhi, August 16, 2017
The admission of bankruptcy petition has left home-buyers in limbo, who are not certain what their rights would be if the company goes into liquidation.


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