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insolvency

NCLT admits Go First into insolvency, places moratorium on aircraft leases

NCLT admits Go First into insolvency, places moratorium on aircraft leases

An Indian tribunal on Wednesday granted bankruptcy protection to Go Airlines (India) Ltd, a move that will help the country's ......

Go First asks NCLT to urgently pass order on insolvency plea

Go First asks NCLT to urgently pass order on insolvency plea

Go Airlines (India) on Monday asked the country's company law tribunal to urgently pass an order on its insolvency plea, ......

Go First, lessors lock horns as bankruptcy hearings begin

Go First, lessors lock horns as bankruptcy hearings begin

Indian airline Go First's effort to start insolvency proceedings has become ensnared in a tussle with aircraft lessors after they ......

Go First Airways files for insolvency proceedings, suspends flights

Go First Airways files for insolvency proceedings, suspends flights

Cash-strapped Indian airline Go First filed for bankruptcy on Tuesday, blaming "faulty" Pratt & Whitney engines for the grounding of ......

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More bidders join race for Kishore Biyani's Future Retail

Consumer

25 April

More bidders join race for Kishore Biyani's Future Retail

The number of resolution applicants interested in Kishore Biyani’s Future Retail has swelled to 55, as per the final list ......

Reliance Capital's lenders to move ahead with second auction after SC nod

Finance

28 March

Reliance Capital's lenders to move ahead with second auction after SC nod

The lenders of Reliance Capital have decided to go ahead with the second round of auction on 4 April, in ......

Religare arm concludes one-time settlement with lenders

Finance

09 March

Religare arm concludes one-time settlement with lenders

Religare Enterprises Limited (REL) has announced that its owned subsidiary Religare Finvest Limited (RFL), has completed the OneTime-Settlement (OTS) with ......

NCLT approves Suraksha's bid in Jaypee Infra insolvency case

NCLT approves Suraksha's bid in Jaypee Infra insolvency case

The National Company Law Tribunal (NCLT), which was scheduled to govern on the Mumbai-based Suraksha group's bid to acquire Jaypee ......

NCLAT sets aside NCLT order in RCap matter, allows re-bidding of company

Finance

02 March

NCLAT sets aside NCLT order in RCap matter, allows re-bidding of company

Setting aside an order passed by National Company Law Tribunal (NCLT), a two-member bench of the quasi-judicial National Company Law ......

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Bankruptcy resolutions expected to soar after Budget spells relief for RPs

Finance

03 February

Bankruptcy resolutions expected to soar after Budget spells relief for RPs

Liquidators in India, who are entrusted with winding up bankrupt companies, will no longer be prosecuted for failing to comply ......