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Modi Govt Notifies Ordinance To Amend New Banking Regulation Act 05 May 2017
The Narendra Modi-led government, notified the ordinance to amend the new Banking Regulation Act, empowering the RBI and banks to start off bankruptcy proceedings against persistent defaulters. The Central Bank, as per the government’s notification, may order consent to the...
Keywords: Bankruptcy, Ordinance, Bad loans, Ordinance
Read MoreGo First To Resume Its Operations 11 May 2023
Go First To Resume Its Operations:- Low-budget Airways Go First planning to resume its operations on May 24th with 23 aircrafts. Go First have access to 51 departure slots in Delhi and 37 at Mumbai’s main airport and now the...
Keywords: Go First insolvency, Go First news, Go First bankrupt, Go First canceled flights
Read MoreSC Directs Jaypee Infratech To Deposit Rs 2,000 Cr, Asks IRP To Take Over 11 September 2017
SC Directs Jaypee Infratech To Deposit Rs 2,000 Cr, Asks IRP To Take Over:- The embattled real estate firm, Jaypee Infratech associates has been directed by the Supreme Court to deposit Rs 2,000 crore by October 27. The SC also...
Keywords: Home Buyers, Insolvency Proceedings, Real Estate, Insolvency Proceedings
Read MoreGo First Files A Insolvency: TATA and Indigo In Race 10 May 2023
Go First Files A Insolvency: TATA and Indigo In Race:- Go First was established by Nusli Wadia in 2005. After Pratt & Whitney engines were installed on A320 aircraft, there was a faster rate of premature failures, which resulted in...
Keywords: Go First news, Go First news, Go First news, Go First sale
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