Promoter of Siva Industries files appeal against order on liquidation – BusinessLine

Serial entrepreneur C Sivasankaran, promoter of Siva Industries, has filed an appeal in the National Company Law Appellate Tribunal (NCLAT), Chennai, against the recent order of the National Company Law Tribunal (NCLT), Chennai, on liquidation of Siva Industries. The matter is listed for hearing on Monday. The NCLT, on August 12, ordered liquidation of Siva…

Jet Airways’ Boeing 777 held in Netherlands sold; insolvency process to close now – Business Today

Jet Airways on Saturday said one of its wide-body Boeing 777 aircraft, which was under the custody of the Dutch Administrator due to the insolvency proceedings against the company in the Netherlands, has been sold, and the proceedings will mainly be utilised to close the process. Jet Airways is facing insolvency proceedings in the Netherlands…