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.
"We are reserving the order," said the NCLT two-judge bench of the Delhi office, headed by Justice Ramalingam Sudhakar, and a technical member LN Gupta.
Geneva [Switzerland], June 17 (ANI): World Trade Organisation Ministerial Conference has extended the moratorium on taxation on e-commerce transactions, said the Union Minister of Commerce and Industry Piyush Goyal, noting that the extension is with a deadline.
New Delhi [India], June 14 (ANI): A three-year moratorium has been granted to Cochin Port Authority for repayment of loans amounting to Rs 446.83 crore to the central government.
Moscow [Russia], March 25 (ANI/Sputnik): Moscow may revise the moratorium on the death penalty in the country in the event of arising necessity, as there are no more international restrictions on the matter after the suspension of Russia's membership in the Council of Europe, Russian Securit
New Delhi [India], September 2 (ANI): Supreme Court on Thursday would hear a batch of petitions seeking to initiate contempt of court proceedings against the RBI Governor, Shaktikant Das, Chief Executive of Indian Banks Association (IBA) and others concerned for allegedly flouting the apex c
New Delhi [India], August 10 (ANI): The Lok Sabha on Monday passed a bill that provides account holders security of their money by allowing access to up to Rs 5 lakh within 90 days of a bank coming under a moratorium imposed by RBI.
Geneva [Switzerland], August 4 (ANI): WHO Director-General Tedros Adhanom Ghebreyesus has said the global body is calling for a moratorium on booster COVID-19 vaccine shots until the end of September to ensure equitable access to vaccines.
New Delhi [India], July 30 (ANI): Congress leader Rahul Gandhi on Thursday wrote to Finance Minister Nirmala Sitharaman urging the Centre to extend the moratorium on repayment of short-term crop loans of farmers to December 31.
New Delhi [India], July 2 (ANI): The Supreme Court on Friday adjourned the petition filed by lawyer Vishal Tiwari, seeking a direction to allow his plea and modified the SC's March 23, 2021 judgment and issue orders that the period of declaring any account as Non-performing Assets (NPA) shal