The National Company Law Appellate Tribunal (NCLAT) has directed the National Company Law Tribunal (NCLT) to determine who will bear the dues …
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Tag:
financial crisis
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Airline Updates
Creditors Delay Jet Airways Resolution Process, Winning Bidder Appeals to Supreme Court.
by Editorby EditorThe resolution process for Jet Airways has faced significant delays, as reported by the winning bidder during a recent hearing at the …
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Airline Updates
Jet Airways Crisis Deepens as Lenders Demand Airline Liquidation.
by Editorby EditorThe ongoing crisis surrounding Jet Airways has reached a critical juncture, with lenders remaining resolute in their demand for the airline’s liquidation. …
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Aviation Incident Reports
SpiceJet Places 150 Cabin Crew on Leave Without Pay Amid Financial Struggles.
by Editorby EditorSpiceJet has made the difficult decision to place 150 cabin crew members on leave without pay as the airline faces severe financial …