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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
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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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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