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IBC- Properties Sold In Auction Sale Before Declaration Of Moratorium Can t Be Treated As Liquidation Asset : Supreme Court

Recently, the Supreme Court (on December 06) observed that the properties of a defaulting borrower sold in an auction sale could not be treated as liquidation assets if the sale was concluded before.

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SC orders enquiry against NCLAT bench, asks chairperson to submit report by Oct 16

The case pertained to the Annual General Meeting (AGM) of Finolex cables. The NCLAT had in September 2023, passed an order directing status quo on conduct of the AGM, till they adjudicate on the dispute between cousins Prakash Chabria and Deepak Chabria.

Prakash chabriaAshok bhushanDeepak chabriaSupreme courtSupreme court onNational company appellate tribunalAnnual general meetingCompany lawFinolex cablesSupreme court

Air India-Vistara Merger Is Cleared for Take-Off

Air India-Vistara Merger Is Cleared for Take-Off
skift.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from skift.com Daily Mail and Mail on Sunday newspapers.

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Go First Jet Airways Lose Airline Codes For Being Non operational

Go First Jet Airways Lose Airline Codes For Being Non operational
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Cash-strapped Go First and Jet Airways lose airline codes for being non-operational: Report

Go First and Jet Airways have lost their airline codes G8 and 9W assigned by IATA for being non-operational.

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