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Allotted flats will not be part of liquidation process: IBBI

Earlier, homebuyers who had been allotted flats before the realty firm became insolvent, were left with no remedy except for being entitled to a refund

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IBBI's five proposals expected to give relief to homebuyers awaiting possession of homes for years; to ensure faster resolution of insolvency cases

This discussion paper, inviting comments from stakeholders, seeks to implement the recommendations made by the committee on stalled real estate projects chaired by Amitabh Kant. This stems from the logistical impediments and shortcomings of the statutory framework faced by the insolvency processes of real estate companies, said legal experts.

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India's Go First airline seeks investor interest as part of insolvency process

India's Go Airlines (India) Ltd has invited investor interest in the company through a court-appointed administrator as part of the carrier's ongoing insolvency process, a newspaper advertisement showed on Monday.

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Go Airlines seeks investor interest as part of insolvency process

India's Go Airlines (India) Ltd has invited investor interest in the company through a court-appointed administrator as part of the carrier's ongoing insolvency, a newspaper ......

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India's Go First airline gains bankruptcy protection

NEW DELHI: An Indian tribunal on Wednesday granted bankruptcy protection to Go Airlines (India) Ltd, a move that will help the country's fourth-largest carrier attempt to revive itself but complicate foreign lessors' efforts to repossess their planes.

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India to decide on Go First bankruptcy, lessors seeking planes fear impact

The fate of India's fourth-largest carrier Go Airlines Ltd and its 7,000 employees is set to be decided on Wednesday, in a bankruptcy plea ruling that will also have major implications for... | May 10, 2023

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NCLT to decide on Go First bankruptcy, lessors seeking planes fear impact

If the Indian tribunal admits Go First's plea, it will lead to appointment of a new resolution professional who will take over management to revive the airline run by India's Wadia Group. A decision is expected at 10:30 a.m. (0500 GMT), with Go First widely expected to succeed.

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India's Go First airline gains bankruptcy protection, moratorium placed on leases

NEW DELHI — An Indian tribunal on Wednesday granted bankruptcy protection to Go Airlines (India) Ltd, a move that will help the country’s fourth-largest…

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Go First airline gets bankruptcy protection.What does it mean for the company?

National Company Law Tribunal (NCLT) accepted Go First airlines bankruptcy protection appeal on Wednesday. Know about its implication to the company and its operations from now

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India's Go First airline gets bankruptcy protection, moratorium placed on leases

An Indian tribunal on Wednesday granted bankruptcy protection to Go Airlines (India) Ltd, a move that will help it to revive itself.

India , New-delhi , Delhi , Cape-town , Western-cape , South-africa , Alvarez-marsal , Abhilash-lal , Ajay-kumar , Kaushik-khona , Abhirup-dasgupta , Pratt-whitney