Search For "bankrupt"
Vice Media files for bankruptcy
Updated : 3 years ago IST
The bankruptcy will not interrupt daily operations for Vice's businesses, which in addition to its flagship website include the ad agency Virtue, the Pulse Films division and Refinery29, a women-focused site acquired by Vice in 2019.
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National Company Law Appellate Tribunal to hear Go First lessors' plea tod
Updated : 3 years ago IST
NCLAT on Friday deferred the matter pertaining to Go First lessors' petition seeking a stay on a bankruptcy court order allowing voluntary insolvency of the low-cost airline to Monday.
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IL&FS case: Jayant Patil requests another date to appear before ED
Updated : 3 years ago IST
The ED is probing the NCP Maharashtra chief's alleged involvement in dubious loans extended to Kohinoor CTNL by IL&FS, which filed for bankruptcy in 2018.
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Boeing terms Go First insolvency 'unfortunate' in Indian aviation market w
Updated : 3 years ago IST
On the Go First issue of bankruptcy, US aircraft manufacturer company Boeing India on Friday said these are unfortunate circumstances for the airline, the lessors, travellers and for all the stakeholders.
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Indian rupee gains momentum as primary currency in 18 countries
Updated : 3 years ago IST
New Delhi [India], May 11 (ANI/PNN): The trajectory of many of the 'Global South' countries has not been smooth or linear for the past hundred years. Breaking the shackles of colonization for many was only the job half done. The rest required careful hard work in the right sectors to survive
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SMBC Aviation Capital challenges NCLT order protecting Go First from recov
Updated : 3 years ago IST
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 has granted Go First protection under a moratorium from recovery by lessors and lenders.
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"Without Merit": Pratt & Whitney on Go First's allegations; to pursue
Updated : 3 years ago IST
"Go First's allegations that Pratt & Whitney is responsible for its financial condition are without merit. Pratt & Whitney will vigorously defend itself against Go's claims, and is pursuing its own legal recourse," Pratt & Whitney Spokesperson told ANI.
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NCLT decision is historic, in line with spirit of Insolvency and Bankruptc
Updated : 3 years ago IST
Go First Airline Chief Executive Officer Kaushik Khona on Wednesday said the airline was grateful for the entire process of NCLT and noted that this is in line with the spirit of the Insolvency and Bankruptcy Code (IBC)
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NCLT admits Go First's plea for insolvency proceedings
Updated : 3 years ago IST
The NCLT, the President Justice Ramalingam Sudhakar and technical member LN Gupta announced the order, adding, "We appoint Abhilash Lal as IRP (Insolvency Resolution Professional). Suspended board of directors will cooperate with the IRP."
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NCLT to pronounce order on Go First Airline's bankruptcy plea tomorrow
Updated : 3 years ago IST
The Budget airline had filed a petition with the National Company Law Tribunal (NCLT), seeking protection under the bankruptcy law.
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NCLT issues notice to Go First on pilot's plea
Updated : 3 years ago IST
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 dues, as the beleaguered carrier seeks an early decision on its voluntary insolvency resolution plea.
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"Result of Congress party's mental bankruptcy ..." JP Nadda on Sonia Gandh
Updated : 3 years ago IST
Bharatiya Janata Party national president JP Nadda on Monday, lashed out against the grand old party over former Congress president MP Sonia Gandhi's 'sovereignty' remark calling it a result of the party's "mental bankruptcy".
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