Airlines need a proper business model to conform to Indian conditions Budget airline Go First hastily filed for bankruptcy protection earlier this month and suspended its operations for a few days. According to reports, the lessors of the 20 aircraft that Go First leased have also petitioned India’s aviation authority to deregister them, enabling their...
Tag: National Company Law Tribunal
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Konaseema combined cycle power plant offered for sale in Andhra
The Hyderabad-headquartered Konaseema Gas Power Ltd has announced a sale under liquidation of its 445 MW combined cycle power plant located in the East Godavari District of Andhra Pradesh.
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Simplifying Corporate Adjudication
The establishment of a National Company Law Tribunal (NCLT) and its Appellate Tribunal (NCLAT) will provide for an efficient, timely and one stop-shop dispute resolution mechanism, preventing fragmentation of disputes relating to companies before multiple forums.