Credit Suisse asks CoC not to approve Reliance Capital resolution plan
Switzerland-based Credit Suisse has asked the Administrator in the Reliance Capital corporate insolvency resolution process (CIRP) to not proceed with...
Month: May 2023
GoFirst Airlines owes Rs 6,521 crore to banks
GoFirst Airlines owes Rs 6,521 crore to its financial creditors, according to insolvency filings made by the airline in the...
East India Drums & Barrels Mfg to take over Precision Containeurs
The Mumbai bench of the NCLT has the resolution plan submitted by East India Drums & Barrels Mfg Pvt Ltd...
GoFirst files for insolvency; fate of 5k employees hangs in balance
In a major setback for India's aviation sector, low-cost carrier GoFirst has applied for voluntary corporate insolvency resolution proceedings under...
Creditors of Starlit Power Systems submit Rs 45 crore claims
The creditors of Starlit Power Systems Limited, which is under corporate insolvency resolution process, has submitted claims of Rs 45.28...