You Searched For "insolvency" and got 20 results
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1 min read
Stable, strong financial system to act as bedrock for economic progress: RBI Governor
Reserve Bank Governor Shaktikanta Das on Monday said the endeavour of the central bank would be to …
PTI
1 min read
NCLT extends deadline for Go First's insolvency for another 60 days
The National Company Law Tribunal on Tuesday extended the deadline for another 60 days to complete …
PTI
2 mins read
Real estate sector weighs on IBC but accounts for 18% of total realisations
The real estate sector has accounted for a significant portion of the total realisations under the …
1 min read
Jet Airways insolvency: NCLAT extends time till Sep 30 for Jalan-Kalrock to pay Rs 350 cr
The National Company Law Appellate Tribunal (NCLAT) on Monday extended the time till September 30 f…
PTI
6 mins read
Go First's insolvency flight leaves trail of concerns for aircraft lessors
At least 50 leasing companies have requested the return of leased planes from two Indian airlines i…
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
2 mins read
DGCA approves Go First's resumption of operations on specific conditions
India's civil aviation regulator, the Directorate General of Civil Aviation (DGCA) has granted appr…
2 mins read
HC allows Go First lessors to inspect aircraft, carry out maintenance
The Delhi High Court has allowed Go First's lessors to inspect their aircraft twice a month to carr…
PTI
2 mins read
The CEO of UNest, a college savings app, stepped down after she said the company was 'insolvent.' Here's what customers need to know.
Aside from the potential losses for investors, the situation is also worrying for UNest customers w…
Ben Bergman
2 mins read
Creditors take a haircut of 70% in insolvency cases: CareEdge report
The CareEdge report has found that the cumulative recovery rate has been on a downtrend, decreasing…
2 mins read
Future Lifestyle Insolvency: RP receives claims of ₹2,155.53 cr from financial creditors
As per the provision of the Insolvency & Bankruptcy Code, a Committee of Creditors (CoC) of FLFL ha…
PTI
1 min read
NCLT admits Go First's plea to initiate insolvency resolution
The National Company Law Tribunal (NCLT) on Wednesday admitted Go First's voluntary plea to initiat…
PTI
1 min read
DGCA advises Go First to submit revival plan within 30 days
The Directorate General of Civil Aviation (DGCA) on Wednesday advised Go First airline to submit a …
ANI
1 min read
NCLAT upholds NCLT order allowing Go First's voluntary insolvency proceedings
The National Company Law Appellate Tribunal (NCLAT) has upheld an NCLT order allowing Go First's vo…
PTI
1 min read
Go First insolvency: NCLAT to pass order on aircraft lessors' petitions on May 22
The bench also asked the parties to submit additional documents, if any, in the next 48 hours. …
PTI
1 min read
NCLAT stays insolvency proceedings against Zee
On Wednesday, NCLT admitted a insolvency plea against ZEEL by private sector lender IndusInd Bank a…
PTI
1 min read
Geared up for expansion in operations, no question of filing insolvency: SpiceJet chief
SpiceJet has initiated the process of reviving its grounded fleet with the USD 50 million funds rec…
ANI
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
5 mins read
Go First Impact: Market capitalisation of 3 PSU Banks down by ₹7,500 crore as investors fret over their exposure to ailing airline
Low-cost airline Go First’s insolvency proceedings have plunged shares of Central Bank of India, Ba…
3 mins read
Go First has lengthy history of missing financial obigations, says Pratt & Whitney official
In another statement, Pratt & Whitney said it was "committed to the success of our airline customer…