Search For "bankruptcy"
DGCA allows Go First to resume operations subject to conditions
Updated : 2 years, 7 months ago IST
On May 2, Go First cancelled its flights and filed for voluntary bankruptcy before the National Company Law Tribunal (NCLT), alleging delays on the part of a US-based engine maker, Pratt & Whitney, for its inability to promptly meet obligations -- leading to the grounding of a portion of
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East Turkistan condemns Pakistan’s 'support' for China’s ongoing Uyghur ge
Updated : 2 years, 7 months ago IST
Prime Minister Salih Hudayar declared, “The world witnesses Pakistan’s moral bankruptcy as it stands by China’s genocidal actions. Pakistan must break free from its treacherous alliance and unequivocally condemn China’s crimes in Occupied East Turkistan.”
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Unidef Launches Ground-breaking Initiative To Assist Crypto Investors Who
Updated : 2 years, 8 months ago IST
Bangalore (Karnataka) [India], July 12: In an unprecedented move, Unidef (unidef.org), a global organization committed to decentralized empowerment, is launching an initiative to stand with the crypto community impacted by centralized companies' recent controversial financial activities. Thi
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Go Airlines invites Expression of Interest for possible sale
Updated : 2 years, 8 months ago IST
The airline operator filed for voluntary bankruptcy in early May before the National Company Law Tribunal (NCLT), alleging delays on the part of a US-based engine maker for its inability to promptly meet obligations - leading to the grounding of a portion of its fleet.
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Japan: 27 per cent nursing homes face bankruptcy owing to price hikes, sur
Updated : 2 years, 8 months ago IST
The fact that some institutions have cut staff or delayed employment because of high costs raises worries about a potential reduction in the quality of nursing care services
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Kanhaiya Kumar's appointment as NSUI in-charge shows "bankruptcy" of Congr
Updated : 2 years, 8 months ago IST
In a press conference at the Delhi BJP headquarters, Ashish Sood said, "The way Congress has made the ex-student union president of another University of Delhi in charge of NSUI, it in itself shows the bankruptcy of Congress and the direction in which Congress wants to take the country."
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Cyril Amarchand Mangaldas advises JSW Steel Coated Products on CIRP of Nat
Updated : 2 years, 8 months ago IST
Mumbai (Maharashtra)/ New Delhi [India], July 7: Cyril Amarchand Mangaldas advised and represented JSW Steel Coated Products Limited (JSW Steel Coated Products) in connection with the submission and implementation of a resolution plan for National Steel & Agro Industries Limited ("Target
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Respect ruling: Pratt and Whitney on Singapore Court order asking it to se
Updated : 2 years, 8 months ago IST
Pratt & Whitney on Thursday said it respects the Interim Arbitration ruling of a Singapore court, directing the US-based engine maker to send five engines every month to Go First airlines between August and December, adding that it will comply with the same.
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Crisis-hit GoFirst grounded for two months; flight cancellation extended t
Updated : 2 years, 8 months ago IST
The airline operator filed for voluntary bankruptcy in early May before the National Company Law Tribunal (NCLT), alleging delays on the part of a US-based engine maker for its inability to promptly meet obligations - leading to the grounding of a portion of its fleet.
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Pak PM advisor Kayani criticises PTI for bringing country on verge of bank
Updated : 2 years, 8 months ago IST
Kayani mentioned that Pakistan's economic growth rate had only been negative once since 1952, specifically in 2019-20 under the PTI's administration.
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Introducing a comprehensive & practical guide to navigate the Insolven
Updated : 2 years, 8 months ago IST
New Delhi [India], July 3: The Indian business community, financial institutions, and stakeholders have long grappled with the challenges of resolving financial distress in businesses. However, with the dawn of the Insolvency and Bankruptcy Code, 2016 (IBC), a new era of comprehensive legal
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SC to examine whether Resolution Professional will be considered public se
Updated : 2 years, 8 months ago IST
A vacation Bench comprising Justice AS Bopanna and Justice Prashant Kumar Mishra on Wednesday issued notice to the respondents.
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