Go First Chief Executive Officer Kaushik Khona said after NCLT decision, "This is a historic ruling as an application of insolvency has been admitted so fast. The order prevents a viable airline from becoming an unviable one. The purpose of IBC has always been revival."
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.
The National Green Tribunal (NGT) has levied Rs 4000 crore Environment Compensation on the State of Bihar for its failure to scientifically manage the liquid and solid waste in violation of law. The tribunal has also directed the authorities to take remedial measures.
The National Green Tribunal (NGT) on Tuesday constituted an eight-member fact-finding joint Committee on the Ludhiana Gas leak case where 11 people including three minors died recently.
Leena Nandan, secretary in the Union Ministry of Environment, Forest and Climate Change (MoEF & CC) has tendered "unconditional apology" before the Nainital bench of Central Administrative Tribunal (CAT) in the matter of deputation of Uttarakhand cadre IFS officer Sanjiv Chaturvedi.
The National Green Tribunal (NGT) has constituted a joint Committee of the Central and State Pollution Control Bureau including the District Magistrate to get a factual status on a plea alleging unregulated violation of air quality norms by 220 coal-fired furnaces operating in Mandi Gobind G
The Haryana Government through its Chief Secretary has informed the National Green Tribunal (NGT) that a ring-fenced amount of Rs 1124.64 crores for urban solid and sewage management should be set apart for the purpose of solid as well as liquid waste management in the state.
The Delhi High has recently enhanced the amount of compensation to more than Rs One crore to a woman suffering from disability after a road accident in the year 2007.