Budget airline SpiceJet has settled a $23.39 million dispute with aircraft lessors Aircastle and Wilmington Trust,…
Tag: debt resolution
Bankruptcy court approves 22 business rescues in August; 34 so far in second quarter | Mint
New Delhi: The National Company Law Tribunal approved the debt resolution plans of 22 businesses in…
Bankruptcy rescues keep up faster pace in June quarter | Mint
India’s bankruptcy court approved the debt resolution plans of 57 companies in the June quarter, crossing…
Finance Ministry aims to transfer ₹1-lakh crore stressed assets to bad bank
The Finance Ministry is pushing for a significant transfer of stressed assets, amounting to ₹1-lakh crore,…
Regulatory framework for valuers to be strengthened: MCA
New Delhi: The Ministry of Corporate Affairs, in its monthly update, has said that it will…