National Company Law Tribunal

Industry Updates

NCLT Initiates New Insolvency Proceedings for Lavasa Corporation

ITN Media - September 6, 2024

In Short:The National Company Law Tribunal (NCLT) dismissed Darwin Platform Infrastructure Ltd's resolution plan for Lavasa Corp, allowing creditors to resume insolvency proceedings. The...

Company Updates

NCLT gives green light to Vistara, Air India merger

ITN Media - June 6, 2024

In Short:The National Company Law Tribunal (NCLT) approved the merger of Vistara with Air India. They aim to finish the merger by December, but...

Industry Updates

Merging four airlines into two proves to be challenging for Tatas

ITN Media - March 20, 2024

In Short:Tata group is merging airlines Air India and Vistara, as well as Air India Express and AIX Connect. Air India and Vistara will...

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