SMBC Aviation Capital challenges NCLT order protecting Go First from recovery by lessors

May 11, 2023

On Wednesday, the NCLT admitted Go First's plea for voluntary insolvency and admitted for the initiation of Corporate Insolvency Resolution Process (CIRP) proceedings. NCLT...

Insolvency and Bankruptcy Board regulations amended

Jun 16, 2022

New Delhi [India], June 16 : The Insolvency and Bankruptcy Board of India has notified the Insolvency and Bankruptcy Board of India (Insolvency Resolution...

NCLT issues notice to Go First on pilot's plea

May 08, 2023

The National Company Law Tribunal (NCLT) on Monday issued notice to low-cost airline Go First on a petition filed by a pilot regarding his...

Tribunal approves acquisition of Karaikal Port by Adani Ports and Special Economic Zone

Apr 03, 2023

Earlier, APSEZ was declared as the successful resolution applicant under the Corporate Insolvency Resolution Process (CIRP) of KPPL. The amount considered for the acquisition...

Insolvency and Bankruptcy Bill enables efficient resolution framework : Sitharaman

Aug 04, 2021

New Delhi [India], August 4 : Union Finance and Corporate Affairs Minister Nirmala Sitharaman on Wednesday said that the passage of the Insolvency and...

Insolvency and Bankruptcy Code, 2016 a gamechanger reform, says Piyush Goyal

Nov 25, 2021

New Delhi [India], November 25 : The Union Minister of Commerce and Industry Piyush Goyal on Thursday termed the Insolvency and Bankruptcy Code (IBC),...