insolvency
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Trends
Jindal India Challenges Reliance Retail Ventures For Debt Resolution Battle For Future Enterprises; The Stakes Have Never Been Higher
A high-stakes battle ensues as debt-laden Future Enterprises faces insolvency proceedings under the Insolvency and Bankruptcy Code (IBC); Jindal India,…
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Stories
The Lawsuit Of SpiceJet And Wilmington: A Case Study
According to the sources, the National Company Law Tribunal (NCLT) has just set the next hearing of aircraft lessor Wilmington’s…
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Trends
The Tug Of War Between Delhivery And Go First, Approaches NCLT With A Notice Citing Go First’s Insolvency As ‘Fraudulent.’
Go First’s insolvency bid has a few takers; in yet another controversy surrounding the Wadia group-backed airline, logistics giant Delhivery…
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Stories
Spicejet Not Landed Yet; Kills Insolvency Talks
To dispel concerns of insolvency, low-cost airline SpiceJet stated on May 11 that it is utilizing the $50 million it…
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Trends
Spicejet Meets Banks For Additional Funds Amid Cash Crunch
SpiceJet has reportedly implemented a plan to revive its 25 inactive planes, following a petition by its operational creditors to…
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Trends
The Government Is Seeking A Swift Solution For Easing Insolvency And Reorganising Infrastructure.
A fast track in insolvency resolution might increase overall process efficiency with the correct legislative architecture.
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Trends
Pratt & Whitney Responds After Go First Says Non-Delivery Of Engines Led To Bankruptcy
A US-based aerospace manufacturer, Pratt & Whitney (P&W), has been accused by a financially troubled airline for its bankruptcy declaration…
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Trends
Will Zee-Sony Merger Get Delayed Because Of The NCLT Order?
The NCLT accepted an insolvency petition filed by creditor IndusInd Bank, which can trigger a threatening move to derail Zee's…
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Trends
The IBC should not be viewed as a recovery mechanism, but rather as a means of bringing time-bound resolution: RBI Governor
The Reserve Bank of India’s (RBI) Shaktikanta Das stated on Wednesday that the Insolvency and Bankruptcy Code (IBC) should not…
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Trends
From Insolvency to Sale of Cement Units- The brief story of Jaiprakash Associates
Again a name under the book of Insolvency; from Insolvency to Sale of Cement Units- The brief story of Jaiprakash…
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