Showing results for "#insolvency"
Go First extends flight cancellations till June 22
There were reports that the grounding of the Go First flights had put pressure on airfares, particularly on select routes where the now-grounded...
Fresh insolvency proceedings likely to be suspended for 6 months
23 April 2020 2:46 PM ISTSection 7 of the IBC allows initiation of corporate insolvency resolution process by financial creditor, while Section 9 allows operational creditors...
Power PPAs cannot be terminated during insolvency process
23 Oct 2020 2:47 PM ISTIn a breather for bankrupt power generation companies, an insolvency tribunal has ruled that going concern status of such companies have to be...
NCLAT orders stay on formation of CoC in insolvency proceedings...
8 April 2021 5:01 PM ISTHospitality firm OYO on Thursday said the National Company Law Appellate Tribunal (NCLAT) has ordered a stay on the formation of committee of...
NCLAT withdraws insolvency case against Oyo subsidiary
8 July 2021 12:59 AM ISTThe National Company Law Appellate Tribunal has allowed withdrawal of insolvency against Oyo Hotels and Homes Pvt Ltd, a subsidiary of Oyo
Launched court challenge to avoid insolvency, says Future
26 Jan 2022 4:01 AM ISTFuture Group on Tuesday challenged its own lenders in the Supreme Court to avoid facing insolvency proceedings over missing payments, citing its...