Tag: corporate insolvency resolution process

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Posted in Economy

Creditors recover Rs 3.55 lakh crore till Sept under insolvency law

Creditors have recovered around Rs 3.55 lakh crore through resolution of 1,068 cases under the insolvency law till September this year, the government said on…

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Corporate Insolvency Resolution Process (CIRP) against RCom was initiated on June 22, 2019. The state tax department had filed two claims
Posted in Business

NCLAT rejects state tax claim on Reliance Communications filed for assessment year after insolvency initiation

The NCLAT has set aside a petition filed by the state tax department claiming dues from Reliance Communications (RCom) observing that it was based on…

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NCLT directs Go First's suspended board to reply in three weeks about liquidation proceedings, following the Committee of Creditors' majority vote. Previous efforts to find a buyer have failed, leading to this action.
Posted in Business

Go First insolvency case: Promoters asked to reply on liquidation in 3 weeks by NCLT

Corporate dispute tribunal NCLT has asked the suspended board of grounded airline Go First to file a reply within three weeks over the liquidation of…

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