By the end of February, various tribunal benches had approved 250 resolution plans, compared to 185…
Tag: IBC
No IBC amendment for real estate sector; regulations to act as sandbox
New Delhi: The government has dropped its plan to amend the bankruptcy law to introduce a…
Lessors seek contempt notice against Go First’s RP for maintenance failures
Several lessors of the bankrupt airline Go First informed the Delhi high court on Friday that…
NCLT defers Go First insolvency decision, awaits high court order
The National Company Law Tribunal (NCLT) on Thursday put on hold its decision in lessors’ pleas…
For Aion Cap, the last exit is coming up
Aion Capital, a fund of US-based private equity (PE) firm Apollo Global Management, has started the…
The road to enter bankruptcy court is now 7,000 companies long
Creditors to about 7,000 companies are waiting for the National Company Law Tribunal (NCLT) to decide…
For conglomerates going into bankruptcy, a clearer path is emerging
Clarity is on the cards for conglomerates heading for bankruptcy, with the government working on a…
Bills for GST appellate tribunals, spending likely in winter session
New Delhi: The government proposes to introduce two key bills in the upcoming winter session to…
IBC changes over recovery of aircraft retrospective: DGCA
New Delhi: Regulator Directorate General of Civil Aviation (DGCA) has told the Delhi high court that…
Buyers’ apathy, change in IBC spur Go First liquidation fear
Go First’s revival was clouded further by a 3 October government notification that said leased aircraft…