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1 min read
NCLAT judge recuses from hearing Raveendran's plea against insolvency proceedings of Byju
Raveendran had filed a petition challenging the initiation of insolvency proceedings against Think …
PTI
2 mins read
NCLT approves ₹1,814 crore resolution plan for Lavasa: Darwin Platform winning bidder
In a 25-page order passed on Friday, the tribunal cleared the resolution plan at an investment o…
PTI
4 mins read
Union Budget 2024-25 key highlights: Angel tax to be scraped
You can watch the presentation live on the official Youtube channels of the government. After her s…
2 mins read
NCLT to hear insolvency proceedings plea filed against SpiceJet next week
Aircraft lessor Aircastle (Ireland) Ltd has filed the petition against SpiceJet for initiating inso…
PTI
1 min read
NCLT reserves order on Go First's plea for insolvency resolution proceedings
The National Company Law Tribunal (NCLT) on Thursday reserved its order on crisis-hit airline Go Fi…
PTI
1 min read
Reliance Capital resolution process completion deadline extended to July 16
NCLT Mumbai has extended Reliance Capital's resolution process deadline by 90 days to July 16. The …
3 mins read
Financial creditors forego Rs 790.626 cr under insolvency resolution process: CARE Ratings
With the debt recoverable rate going down to 30.8 per cent or Rs 243,452.5 crore (lenders foregoing…
2 mins read
Amendments to competition law likely in Budget session
A bill to amend the competition law was introduced in Parliament on August 5 last year and was late…
PTI
2 mins read
Govt to amend insolvency law to reduce time taken for resolution process
The corporate affairs ministry's move to amend the law also comes against the backdrop of conce…
PTI
1 min read
Parliament passes amendments to IBC
The minister said need for amendment in the IBC arosebecause of "changing requirement" and "require…
PTI
2 mins read
DHFL resolution: Oaktree cries foul, says persistent campaign to discredit its bid
Oaktree has told the Committee of Creditors (CoC) of Dewan Housing Finance Ltd (DHFL) that there ha…
1 min read
IBC provides lifeline for distressed cos: Sahoo
Exemplifying his point, Sahoo said the average life of S&P 500 companies has reportedly come d…
PTI
3 mins read
Go First Gone: 11th private airline to 'drop' out of skies in a decade
The tottering Indian aviation sector hit fresh turbulence when early this month, another flourishin…
4 mins read
Possibility of rival bids for Go Airlines? It is a hypothetical question: says CEO Kaushik Khona
Even though the Wadia group has approached the National Company Law Tribunal (NCLT) voluntarily to …
2 mins read
IBC led to recovery of just 10% of defaulted loans in non-
Speaking on a bill to further amend the Insolvency andBankruptcy Code to give protection to new own…
PTI
2 mins read
Doing everything possible to take utmost care of employees says Go First CEO
Go First chief Kaushik Khona has told employees that the airline has been crippled by recurring Pra…
PTI
1 min read
Airfares likely to rise as Go First cancellations reduce capacity says travel agents body
No-frills carrier Go First filing for insolvency proceedings and cancelling flights is bad for the …