bankruptcy
Finance
RBI chief favours financial creditor-led resolution framework for stressed assets
Amendments to India's bankruptcy law should focus on a financial creditor-led framework for resolution of stressed assets, the governor of ......
Infrastructure
Go First lenders to challenge move that could let lessors reclaim planes
Lenders of grounded Indian airline Go First plan to legally challenge the aviation watchdog's interpretation to retrospectively apply changes to ......
General
India insolvency law change on leased aircraft to apply retrospectively
Changes to Indian laws to exclude leased aircraft from assets that can be frozen during bankruptcy proceedings of an airline ......
Infrastructure
Go First lenders approve $55 mn fund infusion to revive bankrupt airline
Lenders to India's Go First, which is under bankruptcy protection, have approved interim funding of 4.50 billion rupees ($54.9 million) ......
Infrastructure
NCLT admits Go First into insolvency, places moratorium on aircraft leases
An Indian tribunal on Wednesday granted bankruptcy protection to Go Airlines (India) Ltd, a move that will help the country's ......
Infrastructure
Go First asks NCLT to urgently pass order on insolvency plea
Go Airlines (India) on Monday asked the country's company law tribunal to urgently pass an order on its insolvency plea, ......
Infrastructure
Go First, lessors lock horns as bankruptcy hearings begin
Indian airline Go First's effort to start insolvency proceedings has become ensnared in a tussle with aircraft lessors after they ......
Infrastructure
NCLT approves Suraksha's bid in Jaypee Infra insolvency case
The National Company Law Tribunal (NCLT), which was scheduled to govern on the Mumbai-based Suraksha group's bid to acquire Jaypee ......
Finance
Bankruptcy resolutions expected to soar after Budget spells relief for RPs
Liquidators in India, who are entrusted with winding up bankrupt companies, will no longer be prosecuted for failing to comply ......
Finance
Varde-Arena consortium bid for Srei group
A consortium of Arena Investors LP and Varde Partners, National Asset Reconstruction Co. Ltd (NARCL) and Mumbai-based Authum Investments have ......