Experts believe the government needs to ensure the business environment ... Go First filed for liquidation, stating that it had no viable assets and no feasible plan for revival.
"Accordingly, this Authority has left with no option except to pass an order for Liquidation of the Corporate Debtor Company in the manner laid down in Chapter III of the Code considering the fact ...
The NCLT said CoC is empowered to make the decision to liquidate the corporate debtor, any time after its constitution and before confirmation of the resolution plan. “It is well settled that the ...
Although a clarification from the Ministry of Corporate Affairs ... Go First filed for liquidation, stating that it had no viable assets and no feasible plan for revival. Later, NCLT appointed ...
ABQ Crazy Liquidation is set to open a third Albuquerque location in the first quarter, with plans to grow more within ... Don’t miss the latest Albuquerque business headlines!
5. It is further submitted that Ld. NCLT failed to appreciate the fact that resolution plan was viable and compliant and its non-consideration will be resulting into liquidation/death of the Corporate ...
Despite these efforts, the lenders were not convinced of the viability of the proposed revival plans and opted for liquidation. Go First’s financial troubles also extended to its foreign ...
A Hong Kong court adjourned a liquidation petition hearing against ... agreement with offshore creditors on a debt restructuring plan in the first half of 2025. Earlier this month, the Foshan ...
Boston-based asset liquidation firm Gordon Brothers Retail ... At the time, Variety Wholesalers said it plans to continue operating the stores it acquired in the deal under the Big Lots brand ...
Joann has warned that Gordon Brothers intends to liquidate and commence going-out-of-business sales at all of its store locations if it can’t find a higher bidder. Gordon Brothers recently ...
Parents and coaches have revealed plans to create a new community based ... that took hold of their home that led to the club’s liquidation. Astro Gymnastics in Livingston was forced to shut ...