New Delhi: The National Company Law Tribunal (NCLT) on Thursday directed grounded carrier Go First to release four aircraft engines to Engine Lease Finance (ELF) BV.Counsel appearing for the resolution professional (RP) said that they have already initiated the process of returning one engine...
New Delhi: Lenders of Citi Networks have decided to seek more time to complete the insolvency resolution process of the debt-ridden company.The Committee of Creditors (CoC) of Citi Networks held a meeting last week, in which the resolution professional discussed the timelines, claims, legal...
New Delhi: The National Company Law Tribunal (NCLT) has granted a 60-day extension to grounded air carrier Go First to complete the insolvency process.This is the fourth extension of Go First, which is struggling to find a buyer, to complete the corporate insolvency resolution process (CIRP)...