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...
NCLAT orders stay on formation of CoC in insolvency proceedings...
Hospitality firm OYO on Thursday said the National Company Law Appellate Tribunal (NCLAT) has ordered a stay on the formation of committee of...
Power PPAs cannot be terminated during insolvency process
In a breather for bankrupt power generation companies, an insolvency tribunal has ruled that going concern status of such companies have to be...
Fresh insolvency proceedings likely to be suspended for 6 months
Section 7 of the IBC allows initiation of corporate insolvency resolution process by financial creditor, while Section 9 allows operational creditors...
Jet insolvency resolution period pushed
The National Company Law Tribunal (NCLT) on December 20 approved extension of Jet Airways insolvency resolution period by 90 days.
MCA's 2019 Review: Steps for ease in business, insolvency resolution
In its year-end review, the Ministry of Corporate Affairs (MCA) on Sunday mentioned the various steps it undertook in 2019 for ease of doing business...
