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INTERIM MORATORIUM
Is Pakistan’s grey gamble sinking in the Strait?Fresh clashes between the US and Iran near the Strait of Hormuz have cast doubt on Pakistan’s role as a mediator in the crisis. While Donal...
WTO DG calls meeting with Piyush Goyal 'tough', discusses e-commerce moratorium & investmentWTO Director-General Ngozi Okonjo-Iweala described her meeting with India's Commerce Minister Piyush Goyal as "very tough" amidst ongoing W...
IBC moratorium does not shield individuals from penalties under consumer law: SCThe Supreme Court ruled that interim moratoriums under the Insolvency and Bankruptcy Code (IBC) do not protect individuals or companies fro...
Amtek Case: SC junks Arvind Dham's plea against personal insolvency proceedingsThe Supreme Court has dismissed Arvind Dham's appeal against the initiation of personal insolvency proceedings, upholding the National Comp...
High Court ruling plugs personal insolvency loopholeThe ruling clarifies that the interim moratorium begins when the application is duly numbered by the tribunal, the Kerala High Court said. ...
Lessors mount challenge to stop Go First from using their aircraftWhile some lessors such as BOC Aviation, Pembroke Leasing and Accipiter Investments Aircraft have moved the National Company Law Tribunal (...
Bankruptcy court admits voluntary insolvency application of Wadia group-owned Go AirlinesSenior Counsel P Nagesh, while appearing for the budget airline, made an oral request on Monday to the principal bench of the National Comp...
Go First seeks expedition in a pronouncement of order in its voluntary insolvency pleaSenior Counsel P Nagesh, while appearing for the budget airline made an oral request on Monday to the principal bench of the National Compa...
Go First seeks faster action on moratorium pleaSenior counsel P Nagesh, while appearing for the budget airline, made an oral request on Monday to the principal bench of the National Comp...
Go First asks tribunal to urgently pass order on insolvency pleaGo First on Monday asked the country's company law tribunal to urgently pass an order on its insolvency plea, citing lessors' efforts to ta...
Bankruptcy court reserves its order in Go First’s voluntary insolvency applicationThe carrier argued that it is seeking a comprehensive debt restructuring and that it is not a malicious petition to avoid payments of dues ...
NCLT reserves order on Go First’s plea seeking interim moratoriumCrisis-hit Go First said it approached the bankruptcy court due to engine supplier. During the hearing, the airline stated that there was a...
NCLT tells Go First Airlines there is no scope for interim moratoriumThe Delhi National Company Law Tribunal has stated that there is no provision for an interim moratorium under the Insolvency and Bankruptcy...
Reimpose moratorium on taking cos to NCLT under IBC due to COVID: Assocham to govtIn a representation to the Finance Ministry, the chamber said that given the increasing pressure on businesses, it would be imperative to e...
Supreme Court to resume hearing on loan moratorium, interest on interest waiver case todayThe RBI had given a loan moratorium owing to Covid-19 and its fallout on businesses and consumers' income. The period of moratorium had end...
Loan moratorium: RBI urges SC to lift interim order banning declaration of NPAsIn a relief to stressed borrowers who are facing hardships due to the impact of COVID-19 pandemic, the apex court had passed the interim or...
Supreme Court grants relief to borrowers, extends loan moratorium period till September 28The top court extended the interim order in which it had directed the banks not to declare as NPAs accounts that are unable to make repayme...