Creditors

Wednesday, Apr 24, 2024 | Last Update : 03:08 PM IST

Even after such flying rights are allocated to an airline, it must have slots at both the airports in order to start flight operations.

Govt extends temporary allocation of Jet Airways' slots, flying rights till Dec

A slot is a date and time at which an airline's aircraft is permitted to depart or arrive at an airport.

21 Aug 2019 10:06 AM

Shares of the DHFL closed at Rs 55.40 apiece on the BSE, up 32.06 per cent.

No haircuts to any creditors: DHFL's resolution plan

The committee also approved submission of the draft resolution plan to the lenders of the company.

07 Aug 2019 9:05 AM

The NCLAT had asked state-owned NBCC, whose bid was rejected by the CoC of Jaypee Infratech, to submit fresh resolution plan for the debt-ridden company.

NCLAT extends Jaypee Infratech insolvency period by 90 days

Appellate tribunal rejected the plea of Jaiprakash Associates Ltd, the promoters of Jaypee Infratech, to be eligible to submit bid.

30 Jul 2019 3:02 PM

Last month, Jet’s creditors, led by State Bank of India (SBI), took the airline to the bankruptcy court after failing to agree on a revival plan. (Photo: AFP/File)

Lenders of bankrupt Jet Airways to attempt to sell carrier again

An SBI-led consortium of 26 banks has informed the resolution professionals that Jet Airways owes them about 85 billion rupees.

17 Jul 2019 10:00 AM

Stock of DHFL slumped 28.10 per cent at Rs 49.20 on BSE.

DHFL says working with creditors to resolve issues without any haircut to lenders

DHFL reported a loss of Rs 2,223 crore for the March quarter of 2018-19 financial year.

15 Jul 2019 2:19 PM

The IRP admitted none of the claims and marked the entire amount for verification.

Claims against RCom swell to Rs 57,382 cr; Rel ADAG cos among claimants

Reliance ADA Group firms account for Rs 7,000.63 crore of fresh claims against the group firm RCom.

18 Jun 2019 9:24 AM

Lenders have decided to seek resolution under IBC since only a conditional bid was received.

Lenders seek Jet Airways bankruptcy in last-ditch sale effort

Jet and its lenders have been searching for new investors but have failed to agree a proposal.

18 Jun 2019 8:46 AM

The financial creditors would vote for the second time on the resolution plan for Jaypee Infratech.

Jaypee Infra insolvency: Over 23,000 homebuyers, 13 banks start voting on NBCC's bid

The voting process will end on Sunday and the outcome would be declared on May 20.

16 May 2019 1:43 PM

Financial creditors recovered 48.24 per cent of their admitted claims and operational creditors got 48.41 per cent of their admitted claims. (Representational Image)

Creditors recover nearly half of total claims in 88 insolvency cases

Claims totalling a little over Rs 1.42 trillion were admitted in 88 cases under IBC till Feb 28, IBBI data showed.

15 Apr 2019 2:02 PM

With more than USD 1.2 billion of bank debt, Jet is battling for survival and has yet to receive a loan of about USD 217 million as part of a March rescue deal.

Jet Airways pilots body defers 'no flying' call ahead of lenders meet

SBI considering a proposal to infuse 10 billion rupees (USD 145 million) to keep the airline afloat.

15 Apr 2019 8:46 AM

The bench also asked ArcelorMittal to file an affidavit before it, detailing the steps to be taken for implementation of the resolution plan of debt ridden Essar Steel.

NCLAT may ask ArcelorMittal to deposit Rs 42,000 cr for acquiring Essar Steel

The bench also directed the operational creditors and financial creditors of Essar Steel to file a chart next week.

09 Apr 2019 3:59 PM

Jet’s main lender State Bank of India sought to provide reassurance that India’s biggest full-service carrier is doing all it can to pay its staff, suppliers and creditors. (Photo: AFP/File)

Lessors to troubled Jet Airways consider taking back planes: sources

The airline is working on its turnaround strategy and updating its partners, in real time, on efforts taken to improve its liquidity.

12 Jan 2019 12:05 PM

The airline has to make large debt repayments over the next few years, starting with about 17 billion rupees ($242 million) by the end of March.

Jet Airways proposes late debt repayments to creditors: document

Jet met with lenders, lessors and vendors in India on Tuesday to discuss its financial situation and a debt-repayment plan.

10 Jan 2019 1:23 PM

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Sanjeev Ahluwalia

creditors