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.
On Monday, the National Company Law Tribunal (NCLT) decided to hear the cases via virtual mode and not in physical mode due to waterlogging in the building.
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.
The National Company Law Appellate Tribunal (NCLAT) on Monday upheld the National Company Law Tribunal (NCLT) order which had admitted Go First Airlines' voluntary plea for insolvency
Go First CEO Kaushik Khona met DGCA officials right after the National Company Law Tribunal (NCLT) in its judgement on Wednesday admitted the plea of Go First Airlines for insolvency proceedings.
As the National Company Law Tribunal (NCLT) issued notice to SpiceJet on a plea filed by Irish aircraft lessor Aircastle, the budget carrier on Monday said the NCLT notice was issued in a normal course and there was no adverse ruling against the airline.
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.
Mumbai (Maharashtra) [India], January 19 (ANI/BusinessWire India): The National Company Law Tribunal ("NCLT") has on 9th January 2023 approved the resolution plan submitted by Adani Goodhomes Pvt. Ltd. for the takeover of Radius Estates & Developers Pvt. Ltd, viz. the special purpose veh
The National Company Law Tribunal (NCLT) has given the consortium six months from the effective date to pay dues to various creditors and has set November 16, 2022, as an effective date.
Ahmedabad (Gujarat) [India], October 10 (ANI): Adani Ports and Special Economic Zone Ltd, India's largest ports and logistics company, on Monday, said it has received approvals from the National Company Law Tribunal (NCLT) for acquiring the remaining 58.1 per cent stake in Gangavaram Port Li
New Delhi [India], June 15 (ANI): The Supreme Court on Wednesday adjourned for tomorrow the hearing of a plea challenging the notification of the Ministry of Corporate Affairs fixing the tenure of the members of the National Company Law Tribunal (NCLT) as three years.