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IBC | For Rejection Of A Resolution Plan Under Section 31(2), NCLT Must Pass A Reasoned Order: Supreme Court - Vimarsana News

IBC | For Rejection Of A Resolution Plan Under Section 31(2), NCLT Must Pass A Reasoned Order: Supreme Court

The Supreme Court has held that when the National Company Law Tribunal (“NCLT”) exercises its power under Section 31(2) of the Insolvency and Bankruptcy Code, 2016 to not approve a resolution plan,...

Source: livelaw.in
Go First case: NCLT the only tribunal to adjudicate all IBC disputes, RP tells Delhi HC - Vimarsana News

Go First case: NCLT the only tribunal to adjudicate all IBC disputes, RP tells Delhi HC

The arguments were made in a bunch of writ petitions filed by the lessors of the Go First against the Director General of Civil Aviation (DGCA) to deregister their aircraft

Grounded airline Go First's CEO Kaushik Khona resigns | Business News - Vimarsana News

Grounded airline Go First's CEO Kaushik Khona resigns | Business News

The company has significant value but unfortunately, the Resolution Professional (RP) has not found anyone who can take this forward, Kaushik Khona said.

Grounded airline Go First's CEO Kaushik Khona resigns - Vimarsana News

Grounded airline Go First's CEO Kaushik Khona resigns

(This story has not been edited by THE WEEK and is auto-generated from a PTI

Source: theweek.in
Go First CEO Kaushik Khona Resigns 7 Months After It Filed For Insolvency - Vimarsana News

Go First CEO Kaushik Khona Resigns 7 Months After It Filed For Insolvency

Grounded Go First's CEO Kaushik Khona has put in his papers, nearly seven months after the no-frills airline filed for insolvency proceedings.

Source: ndtv.com