Approach lenders for acquisition of Go First: NCLAT to Busy Bee Airways
Busy Bee Airways, backed by travel portal EaseMyTrip's co-founder and CEO Nishant Pitti, challenged the liquidation of the airline last week ...
Will try to reach out to Go First lenders: Busy Bee Airways tells NCLAT
Busy Bee Airways, which has challenged the liquidation of grounded carrier Go First, on Friday informed the insolvency ...
Busy Bee Airways to reach out to GoFirst lenders; liquidator to file minutes of CoC meeting
Busy Bee Airways has expressed interest in acquiring the grounded carrier Go First, which is undergoing liquidation ...
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Proviso To S.10A Of IBC Doesn't Bar CIRP Applications Where Default Continues Beyond Moratorium Period: Madras High Court
The Madras High Court bench comprising Justice S.S. Sundar and Justice P. Dhanabal has held that the proviso to Section 10-A ...
money.rediff1h
Busy Bee Airways to Acquire Go First, NCLAT Hearing
Busy Bee Airways aims to acquire Go First as a going concern and will reach out to lenders. NCLAT hears petitions challenging ...
Key Companies to Go Public in 2025 As Investor Appetite Rises
Several major companies, across various sectors are gearing up for their IPOs, aiming to capitalize on the growing investor ...
devdiscourse2h
Vedanta's Strategic Demerger Delay: Transforming Future Business Opportunities
Vedanta Ltd, a diversified natural resources company, has postponed its planned demerger to mid-2023, with the process now ...
Improving insolvency law key for 7-8% growth; need more measures for better efficiencies: Economic Survey
The Economic Survey 2024-25 emphasised the need for an improved insolvency framework to achieve 7-8% economic growth over the ...
money.rediff3h
Improving Insolvency Law Key for Growth: Economic Survey
India's Economic Survey highlights the importance of an efficient insolvency framework for achieving 7-8% growth. It ...
Economic Survey 2025: IBC nudging companies to resolve their distress early
The bankruptcy law has acted as a deterrent, encouraging many firms to resolve their financial distress early in order to avoid the consequences of a resolution process, the economic survey says.
PNB targets to double recovery to Rs 6,000 cr in Q4 to meet FY25 goal amid slowdown in asset recovery
The bank’s overall recovery for the year to date has reached Rs 11,552 crore, falling short of expectations due to delays in the resolution of stressed assets via the NCLT and the NARCL, says CEO Asho ...