NCLT to pronounce order on Go First Airline's bankruptcy plea tomorrow

May 09, 2023

The Budget airline had filed a petition with the National Company Law Tribunal (NCLT), seeking protection under the bankruptcy law.

Resolutions under IBC up by a record 42 pc in FY 2024; real estate and manufacturing accounts for 65 pc of the cases

Aug 02, 2024

The Insolvency and Bankruptcy Code (IBC) recorded the highest-ever number of resolutions in fiscal 2024. In the year 269 cases received approval from the...

SC asks NCLT, NCLAT to strictly adhere to IBC timelines, clear pending resolution plans

Sep 13, 2021

New Delhi [India], September 13 : The Supreme Court on Monday urged the National Company Law Tribunal (NCLT) and National Company Law Appellate Tribunal...

IBBI organises training programme for corporate law officers

Jul 14, 2022

New Delhi [India], July 14 : The Insolvency and Bankruptcy Board of India (IBBI) has organised a three-day training programme for Indian Corporate Law...

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),...

Crisis-hit GoFirst grounded for two months; flight cancellation extended till July 10

Jul 04, 2023

The airline operator filed for voluntary bankruptcy in early May before the National Company Law Tribunal (NCLT), alleging delays on the part of a...