The National Company Law Appellate Tribunal (NCLAT) on Wednesday directed three aircraft lessors of Go First to approach NCLT over their claims for possession of aircraft, whose leases were terminated by them prior to initiation of insolvency proceedings against the Wadia group entity. The appellate tribunal directed Accipiter Investments Aircraft 2, Eos Aviation 12 (Ireland) […]
Armed with a Supreme Court order allowing the promoter’s settlement plan to save the company from liquidation, the ailing Siva Industries and Holding Ltd (SIHL) said on Saturday the company will be placed under new management soon and will focus on settling its creditors as soon as possible. Commenting on the SC order that quashed […]