NEW DELHI : In an attempt to revive bankrupt airline Go First, the National Company Law…
Tag: Insolvency and Bankruptcy Code
Bankruptcy rescues have soared this year. Here is why
By the end of February, various tribunal benches had approved 250 resolution plans, compared to 185…
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…
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…
Supreme Court ruling on personal guarantors set to force promoters to rush to settle bank dues
Image Source : PIXABAY The promoters are likely to soon start paying the huge dues of…
Acknowledge India’s economic successes too
The Indian economy has grown at an impressive rate in the post-COVID-19 years. In FY2023, it…
NCLAT admits IDBI Bank’s plea against Zee Entertainment
New Delhi: The National Company Law Appellate Tribunal (NCLAT) on Thursday issued notice to Zee Entertainment…
‘Uniform norms needed to value bankrupt cos’ assets’
New Delhi: Uniform standards are needed to value assets of companies facing bankruptcy proceedings to ensure…