Committee Of Creditors

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Jet Air's ownership to be transferred to Jalan Kalrock

Insolvency appellate tribunal NCLAT on Tuesday upheld the resolution plan of grounded carrier Jet Airways and approved the transfer of its ownership to Jalan Kalrock Consortium. Photograph: Amit......

In a huge relief to homebuyers, allotted houses to stay out of liquidation

In a relief to homebuyers, assets in a real estate project that have been handed over to the allottee would be kept out of the liquidation process of the company, the latest amendment to the rules......

IBBI allows same RP for company and personal guarantor insolvency

The Insolvency and Bankruptcy Board of India (IBBI) has lifted the restriction to allow the same insolvency professional for the resolution process of a company as well as its personal guarantor......

IBC: Timely support from the judiciary is MUST

IBC has been revolutionary in many ways and is a formidable instrument for stress resolution. And despite the room for improvement, the overall effectiveness of IBC in the distress space is......

Grounded airline Go First's CEO Kaushik Khona resigns

Grounded Go First's CEO Kaushik Khona has put in his papers, nearly seven months after the no-frills airline filed for insolvency proceedings. Photograph: Courtesy, Go First/Facebook In an e mail......

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Committee Of Creditors

News for Committee Of Creditors

Jet Air's ownership to be transferred to Jalan Kalrock

In a huge relief to homebuyers, allotted houses to stay out of liquidation

IBBI allows same RP for company and personal guarantor insolvency

IBC: Timely support from the judiciary is MUST

Grounded airline Go First's CEO Kaushik Khona resigns

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