Search For "insolveny"
Government likely to bring IBC amendment bill in Parliament's monsoon sess
Updated : 1 year ago IST
The amendment in Section 31(4) of the Insolvency and Bankruptcy Code (IBC) will be made. This particular section mandates prior approval from the CCI for any resolution plan.
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Go Airlines invites Expression of Interest for possible sale
Updated : 2 years, 10 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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Go First extends flight cancellations till June 22
Updated : 2 years, 11 months ago IST
Crisis-hit airline Go First on Monday announced that its scheduled flight operations will remain cancelled till June 22 due to operational reasons. Earlier, it was supposed to be till June 19.
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