insolvency


CBI Case Against IL&FS Subsidiary For Defrauding Canara Bank, SBI, PNB, 16 Other

World - Published date: .

According to reports the CBI has alleged that IL&FS subsidiary cheated the banks of a total of ₹ 6,524 crore ... Read more

Jet Airways Revival: Jalan-Kalrock Gets 97-day Extension To Pay Dues To SBI

Banking - Published date: .

National Company Law Appellate Tribunal passes order based on consortium's application Read more

NCLAT To Hear Zee Entertainment's Plea Challenging NCLT Order Today

Banking - Published date: .

NCLT had directed Indian bourses to reconsider their prior approvals for the merger of ZEEL and Culver Max Entertainment... Read more

Spicejet Insolvency: NCLT Defers Hearing Of Plea By Aircastle To June 1

Banking - Published date: .

Aircastle had filed a plea over unpaid dues for an order amounting to Rs 49 crore Read more

Engine Leasing Finance Moves To NCLAT Against Go First's Insolvency

Banking - Published date: .

After three aircraft lessors, Engine Leasing Finance BV has moved the National Company Law Appellate Tribunal (NCLAT), o... Read more

Partial Sale Of Companies Won't Be Default Under Insolvency Code: Report

Banking - Published date: .

The Ministry of Corporate Affairs proposed revisions to the IBC which would allow several resolution plans for different... Read more

Go First Lessors Plea To Be Heard Monday

World - Published date: .

A bench led by Justices Ashok Bhushan and Barun Mitra will take up the petition filed by SMBC Aviation Capital, one of t... Read more

SpiceJet Starts Process Of Reviving Grounded Airplanes With $50 Mn

Banking - Published date: .

Budget carrier SpiceJet on Thursday said it has no plans to file for insolvency proceedings and has also started the pro... Read more

No Question Of Filing For Insolvency, 'rumour Baseless': SpiceJet CMD

Banking - Published date: .

Airline 'focused firmly' on reviving grounded fleet, says Ajay Singh Read more

NCLT Admits Go First's Plea For Voluntary Insolvency, Appoints IRP

Banking - Published date: .

It has also granted Go First protection under a moratorium from recovery by lessors and creditors Read more

Grounded Go Air Can Fly In A Week If Planes Not Seized: CEO Kaushik Khona

Banking - Published date: .

Go Air - now re-branded as Go First - filed for insolvency protection on Tuesday after half of its Airbus SE A320neo fle... Read more

Spot Airfares Soar With Go First Gone

World - Published date: .

Last-minute fares on some routes have surged nearly fivefold Read more

Banks Defer Meet, Await NCLT Order

World - Published date: .

Bankers are in a spot because a company that has been repaying on time will not come under a moratorium once admitted by... Read more

NCLT Reserves Order On Go Air

World - Published date: .

The Wadia Group-backed carrier voluntarily filed for insolvency at the NCLT on 2 May after announcing suspension of flig... Read more

Lessor Aircastle Files Case Against SpiceJet To Initiate Insolvency Process

Banking - Published date: .

The first hearing of Aircastle's case will take place on Monday at the Delhi bench of NCLT Read more

Lessors Oppose Go First's Insolvency Resolution Plea; NCLT Reserves Order

Banking - Published date: .

Airline seeks interim moratorium Read more

Go First Has History Of Missing Financial Obligations: P&W On Allegations

Banking - Published date: .

In its insolvency filing, Go First said that the 'ever-increasing number of failing engines supplied by Pratt & Whit... Read more

Go First Airways Files For Insolvency, Blames Pratt & Whitney Engines

Banking - Published date: .

Aviation regulator DGCA on Tuesday issued a show cause notice to Go First after the airline decided to cancel flights fo... Read more

Srei Promoters Dispute Insolvency Proceedings; Next Hearing On March 31

Banking - Published date: .

Government had suspended fresh insolvency proceedings through an ordinance in June 2020 Read more

NCLAT Rejects Plea Against McDowell Holdings' Insolvency Proceedings

Banking - Published date: .

The National Company Law Appellate Tribunal (NCLAT) has rejected a plea by the shareholders of McDowell Holdings Ltd, ch... Read more