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Last Updated:July 01, 2026, 07:46 IST NCLAT upheld the rights of hundreds of former Jet Airways employees to receive these statutory benefits outside the airline’s liquidation estate. Jet Airways Employees Get Major Relief as NCLAT Orders Full PF, Gratuity Payout The National Company Law Appellate Tribunal (NCLAT) on Tuesday held that workmen are entitled to…
New Delhi: The government is gearing up to make some of the biggest changes yet to the Insolvency and Bankruptcy Code (IBC) in the upcoming winter session of Parliament. While the law has seen several amendments since it was first introduced in 2016, the proposed IBC Amendment Bill 2025 is expected to be the most…
Last Updated:September 26, 2025, 11:34 is With this, the SC has provided relief to JSW Steel and overturned its May 2 decision, which had rejected the resolution plan four years after the NCLT resolution. The Supreme Court has rejected the objections raised by former promoters and certain creditors of Bhushan Power & Steel Ltd. In…
Last Updated:May 26, 2025, 17:55 is The Supreme Court orders a status quo on the liquidation of Bhushan Power & Steel Ltd, halting NCLT proceedings, thus providing relief to JSW Steel. The Supreme Court says JSW Steel’s plan to acquire Bhushan Power was “illegal” and should not have been accepted by the latter’s committee of…