Day: May 30, 2023

Cape Town Convention

Go First lessors initiated parallel proceedings despite NCLAT directive to NCLT: IRP in Delhi HC

The Interim Resolution Professional (IRP) for Go First argued on 30 May 2023 that the airline's cash-strapped situation led its...

Sterling Biotech Fraud

Amount involved in bank frauds halved to Rs 30,252 crore in FY23

The amount involved in bank frauds continue to fall significantly over the years, as FY23 saw 13,520 bank frauds involving...

Reliance Innoventures

Reliance Capital creditors decide ‘equitable’ treatment to lenders; plan payouts in proportion to dues

In a significant move, the Committee of Creditors (CoC) of Reliance Capital has voted to make payment to all the...