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Bhavini Mishra is a senior law correspondent at Business Standard, specialising in commercial law, insolvency, intellectual property law, and policy matters. In her leisure time, she enjoys discovering new food spots and binge-watching TV shows, combining her love for good food and compelling narratives.
Bhavini Mishra is a senior law correspondent at Business Standard, specialising in commercial law, insolvency, intellectual property law, and policy matters. In her leisure time, she enjoys discovering new food spots and binge-watching TV shows, combining her love for good food and compelling narratives.
The lessors of Go First had moved the high court against the DGCA, seeking to deregister their aircraft leased to Go First. This was shortly after the NCLAT upheld the NCLT order on May 22
Senior Advocate Harish Salve, appearing for the IRP, told the court that a writ court should not interfere in the resolution process after the insolvency application has been accepted by the Tribunal
Petition says says exchange without a requisition slip and ID is arbitrary and irrational; RBI counsel says banking regulator's notification was a statutory exercise, not demonetisation
National Company Law Appellate Tribunal passes order based on consortium's application
Though Justice Singh gave no explanation about the reason for her recusal, it should be noted that her spouse Senior Advocate Maninder Singh was representing Go First in NCLAT
RBI tells Delhi High Court withdrawal of Rs 2000 notes is not demonetisation but statutory exercise
Some lessors are likely to approach NCLT for relief, said a lawyer privy to the matter
Lender says Jalan-Kalrock has not paid dues that had a deadline of May 15
The Appellate Tribunal's orders would decide if lessors are allowed to take possession of the aircraft or if the planes remain under the airline's control
This meant the L-G does not have sweeping executive powers over the national capital
The appellate tribunal will hear the matter on May 22
The report said that within Sebi (as any other regulator), the doctrine of separation of powers must be followed in letter and spirit
Internet archive allows users to see how websites looked in the past
Tribunal gives SpiceJet a week to respond to Dublin-based Aircastle, which sought initiation of insolvency proceedings against the airline under IBC over unpaid dues of Rs 49 crore
On Monday, Sebi had filed affidavit in the SC over the allegations that it has been investigating the Adani Group since 2016 are "factually baseless"
Appellate tribunal tells all parties in the matter to file written submissions in 48 hours
This means that nobody would be able to touch the aircraft for any work until a final order is passed by the Tribunal. The next hearing is on Monday
The airline has indicated to the civil aviation ministry it would be able to start operations in around two weeks
SC said that the 2016 Nabam Rebia case, which held that the Speaker cannot initiate disqualification proceedings when a resolution seeking his removal is pending, requires reference to larger bench
Go First filed for insolvency this month, blaming "faulty" P&W engines for the grounding of about half its 54 Airbus A320neo