Go First’s revival was clouded further by a 3 October government notification that said leased aircraft…
Tag: IBC
Competition, new rules crimp resolution professionals’ fees
NEW DELHI : Average fees charged by resolution professionals (RPs) and other consultants involved in insolvency…
Go First case: Govt may clarify on amendments in IBC on leased aircraft
New Delhi: The Centre is likely to issue clarification on whether lessors of Go First airline…
How surety bonds can be made at par with bank guarantees— explained
In a bid to make the surety bond business more attractive, the government is looking at…
Operational creditors begin to take backseat
NEW DELHI : Operational creditors, who have previously aggressively initiated bankruptcy proceedings against clients for payment…
‘Uniform norms needed to value bankrupt cos’ assets’
New Delhi: Uniform standards are needed to value assets of companies facing bankruptcy proceedings to ensure…
Nearly 96,000 companies have voluntarily wound up in the past five years
New Delhi: Over 96,000 companies have voluntarily wound up their operations in the past five years,…
Guru Purnima 2023: IBC to celebrate Ashadha Purnima in Delhi’s National Museum
On the occasion of Guru Purnima 2023, the International Buddhist Confederation (IBC), will celebrate the day…
India’s bankruptcy code may also need a rescue
Seven years on, Indian Prime Minister Narendra Modi’s signature bankruptcy reform has failed to live up…