Indian government has put on hold the sale of Pawan Hans helicopters for the time being because of a National Company Law Tribunal (NCLT) order. This order is against Almas Global. Almas Global is one of the members of the consortium that won the bid for purchasing Pawan Hans Helicopters from the government. The winning bid was made by the consortium, Star9 Mobility Pvt. Ltd. The winning bid price is Rs. 211.4 crore. The order of NCLT against Almas Global pertains to it being failing to pay the creditors of another company that it acquired under the corporate insolvency resolution plan.
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