SpiceJet CMD Ajay Singh, Busy Bee Airways submit bid for GoFirst
Chairman and Managing Director of SpiceJet Ajay Singh and Busy Bee Airways Private Limited have jointly submitted a bid for...
Search Results for: Go first
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...
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...
Bina Shah, Seema Goel successfully bid for Richfeel Health & Beauty
The company that has pledged a bald-free India had to be rescued curiously by a consortium of two women –...
MEP Infrastructure Developers to undergo insolvency resolution process
Mumbai-based MEP Infrastructure Developers Ltd will undergo corporate insolvency resolution process after the Mumbai bench of the NCLT admitted the...
Post-CIRP firms show better corporate governance: Finance Ministry
The firms undergoing the corporate insolvency resolution process have witnessed a significant improvement in their performance in the post-resolution period,...
Govt keeps aircrafts, helicopters out of ambit of moratorium under IBC
In a big move which could have bearings on the ongoing Go First CIRP, the Ministry of Corporate Affairs has...
Commonly used IBC terms and jargons you should know
Insolvency and Bankruptcy Code is a relatively new law, and many of you, who regularly read our reports on insolvency...
ED arrests Jet Airways founder Naresh Goyal in Rs 538-cr fraud case
Naresh Goyal, the founder of Jet Airways, was arrested on Friday in connection with an alleged bank fraud of Rs...
2nd round of e-auction for sale of Punj Lloyd as going concern on 28 Aug
The liquidator of Punj Lloyd Ltd -- Ashwini Mehra – will hold the second round of e-auction on 28 August...