The recent notification by the Insolvency and Bankruptcy Board of India (IBBI) allowing part-resolution of stressed assets of companies under the insolvency process has sent many resolution......
Financial creditors shall submit their claims with proof by electronic means only, resolution professional Ashish Chhawchharia of Grant Thornton said in a public notice. The resolution......
Both Jet Airways and Go First have met with a similar fate of landing up in insolvency, albeit for different reasons. Photograph: ANI Photo Whether Go First will be able to avoid the sharp erosion......
In its appeal before the NCLAT, PNB - the largest shareholder in Jet Airways - argued that NCLT should have heard its application on the issue of reduction of its claim by Rs 202 crore before......
Kalrock Capital-Murari Lal Jalan combine has emerged as the frontrunner. A consortium of Imperial Capital and FSTC is the other bidder. Eighteen months after it was grounded, Jet Airways is all......