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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
IndiaBulls Real Estate shares drops by 20% After NCLT Retrains Merge Of Embassy One Commercial Property Development Pvt Ltd
Indiabulls Real Estate, one of the leading real estate companies in India, recently witnessed a 20% drop in its share…
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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
Go First Passengers And Crew Left Stranded In India, Abroad
Go First‘s abrupt announcement of flight cancellations and bankruptcy has left many crew members and passengers stranded both domestically and…
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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
Go First Airlines In India Declares Bankruptcy, Blaming Pratt & Whitney Engines.
Cash-strapped Go First, an Indian airline, recently declared bankruptcy, citing defective Pratt & Whitney engines for grounding over half of…
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Trends
Acquisition of Gangavaram Port: NCLT approves Adani Ports
The National Company Law Tribunal ( NCLT) has given its concurrence for Adani Port and Special Economic Zone Ltd to…
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Stories
Another real estate battle at Noida; Builder Ajnara dragged into insolvency.
NCLT initiates the series of proceedings; the real estate dispute in Noida where builder Ajnara group enters into the state…
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Trends
NCLT allows insolvency proceedings against National Textiles Corp
NCLT allows insolvency proceedings against National Textiles Corp The National Company Law Tribunal (NCLT) has ordered to initiate insolvency proceedings…
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Stories
Supertech Declared Bankruptcy, potentially affecting 25,000 home buyers.
Supertech Declared Bankruptcy, potentially affecting 25,000 home buyers. Under the Insolvency and Bankruptcy Code, the NCLT’s Delhi bench has also…
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