Showing results for "#Insolvency"
Go First extends flight cancellations till June 22
There were reports that the grounding of the Go First flights had put pressure on airfares, particularly on select routes where the now-grounded...
Fresh insolvency proceedings likely to be suspended for 6 months
Section 7 of the IBC allows initiation of corporate insolvency resolution process by financial creditor, while Section 9 allows operational creditors...
Power PPAs cannot be terminated during insolvency process
In a breather for bankrupt power generation companies, an insolvency tribunal has ruled that going concern status of such companies have to be...
NCLAT orders stay on formation of CoC in insolvency proceedings...
Hospitality firm OYO on Thursday said the National Company Law Appellate Tribunal (NCLAT) has ordered a stay on the formation of committee of...
NCLAT withdraws insolvency case against Oyo subsidiary
The National Company Law Appellate Tribunal has allowed withdrawal of insolvency against Oyo Hotels and Homes Pvt Ltd, a subsidiary of Oyo
Launched court challenge to avoid insolvency, says Future
Future Group on Tuesday challenged its own lenders in the Supreme Court to avoid facing insolvency proceedings over missing payments, citing its...