NCLT gives nod for Air India

NCLT gives nod for Air India

AIR INDIA , Vistara  The National Company Law Tribunal (NCLT) at Chandigarh has given its nod for a merger between airline companies, Air India and Vistara. In a ruling passed on June 6, the NCLT approved a composite scheme of arrangement proposed by Talace Private Limited (holding company of Air India), Tata Sia Airlines Limited …

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NCLT Mumbai admits insolvency plea against Dream 11

NCLT Mumbai admits insolvency plea against Dream 11

Dream 11 and NCLT Mumbai  The National Company Law Tribunal at Mumbai on February 9 admitted an insolvency plea against Sporta Technologies, owner of fantasy sports platform Dream 11 for a debt of over ₹7 crores. [Piyush Jani v. Sporta Technologies Pvt Ltd] A coram of judicial member Reeta Kohli and technical member Madhu Sinha …

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