Busy Bee Airways, which has challenged the liquidation of grounded carrier Go First, on Friday informed the insolvency ...

Busy Bee Airways has expressed interest in acquiring the grounded carrier Go First, which is undergoing liquidation ...

Busy Bee Airways aims to acquire Go First as a going concern and will reach out to lenders. NCLAT hears petitions challenging ...

The Economic Survey 2024-25 emphasised the need for an improved insolvency framework to achieve 7-8% economic growth over the ...

India's Economic Survey highlights the importance of an efficient insolvency framework for achieving 7-8% growth. It ...

The bankruptcy law has acted as a deterrent, encouraging many firms to resolve their financial distress early in order to avoid the consequences of a resolution process, the economic survey says.

The bank’s overall recovery for the year to date has reached Rs 11,552 crore, falling short of expectations due to delays in the resolution of stressed assets via the NCLT and the NARCL, says CEO Asho ...

Since Corporate Debtor took undue advantage of the absence of the allottees and misrepresented the correct facts causing miscarriage of justice, Adjudicating Authority did not commit any mistake in ...

Court Directs Removal of Defamatory Article. Organiser’s article on 26th December misleadingly and maliciously portrayed ...

The appellate tribunal also asked the liquidator to submit the minutes of the Committee of Creditors (CoC) meeting that led ...

Reinstating creditors could prolong Byju’s Corporate Insolvency Resolution Process (CIRP), adding financial strain.