As we work towards Indian aviation to lead internationally, we cannot ignore the importance of a well-defined legal framework ...

Allahabad High Court held that the resolution applicant cannot be saddled with new claims once a resolution plan has been ...

The case involves an application by Akshay Kumar Bhatia under Section 9 of the Insolvency and Bankruptcy Code (IBC), 2016, ...

Ltd, which operates the budget airline Go First, has been ordered into liquidation by the Delhi bankruptcy court after ...

Go First, which filed for bankruptcy in May 2023, had a 6.9% market share in India’s aviation sector at the time. However, ...

Go Airlines has been admitted into liquidation by the Delhi bankruptcy court after lenders failed to receive a viable revival ...

The restructuring landscape in 2024 demonstrated dynamic shifts, with courts across jurisdictions issuing pivotal rulings that helped ...

The US electric car manufacturer Canoo has filed for Chapter 7 bankruptcy and will cease operations with immediate effect. A ...

The National Company Law Tribunal (NCLT) on Monday ordered the liquidation of Go First, concluding the eight-month-long ...

NCLT orders liquidation of Go First Airways after insolvency plea, assets to be monetized for creditor settlement.

The National Company Law Tribunal (NCLT) on Monday (20 January) ordered the liquidation of budget airline Go First Airways.

The National Company Law Tribunal (NCLT) has officially ordered the liquidation of Go First, the budget airline that has been ...