NCLT orders liquidation of budget airline Go First
The airline had first filed a plea seeking admission to the Corporate Insolvency Resolution Process (CIRP) under IBC in May ...
NCLT approves liquidation of Go First Airways amid insolvency crisis
The NCLT has ordered the liquidation of Go First on a plea filed by the airline's Committee of Creditors; airline faced ...
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Tulip Hotels Faces Liquidation After Failed Insolvency Resolution
Tulip Hotels is set for liquidation following an unsuccessful insolvency resolution process. The Mumbai bench of the National Company Law Tribunal (NCLT) initiated the Corporate Insolvency Resolution ...
IBC: Striking a balance between corporate revival and challenges
Finance Minister Nirmala Sitharaman’s commitment to strengthening the code, as emphasized in the 2023 Union Budget, offers ...