NCLAT permits RP to Issue Fresh Form G and to Invite Eol from New Eligible Resolution Applicants by strictly Adhering to Time Bound CIRP Process

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In a recent ruling, the Chennai bench of the National Company Law Appellate Tribunal (NCLAT) permits the Resolution Professional (RP) to issue a fresh Form G and to invite expressions of interest (EoI) from new and eligible resolution applicants by strictly adhering to the time-bound CIRP process. JM Financial Asset Reconstruction Company Ltd, the appellant,…

Stock and Share Market News, Economy and Finance News, Sensex, Nifty, Global Market, NSE, BSE Live IPO News

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Meta CEO Mark Zuckerberg offering Rs 860 crore packages to hire AI talent: Report According to the report, Mark Zuckerberg personally contacted hundreds of scientists, researchers, engineers and entrepreneurs in recent months in a bid to attract them to Meta’s newly established Superintelligence lab. This level of personal involvement has included direct messages, private meetings,…

Jet Midwest and Rex Airlines land in court to clarify proprietary rights during administration

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This week’s TGIF considers a recent Court of Appeal decision concerning the extent to which an owner of property can pursue its proprietary rights whilst the company is in administration. In the NSW Court of Appeal decision (Jet Midwest, Inc v Regional Express Holdings Limited trading as Regional Express Airlines (Administrators Appointed) [2025] NSWCA 101), Mitchelmore…