Tag: liquidation
Posted in Business
Jet Airways’ 1.43 lakh retail shareholders stare at wipeout after Supreme Court liquidation order
The 1.43 lakh retail shareholders of Jet Airways are now staring at a complete wipeout of their investments after the Supreme Court ordered the troubled…
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…
Posted in Economy
No priority for worker dues after liquidation under IBC
The Supreme Court on Tuesday endorsed a provision of the Companies Act, 2013, that says workers’ dues will not get preferential payment in case of…