invoked the court’s plenary powers under Article 142 of the Constitution to direct the airline into liquidation in compliance ...
India's Supreme Court has ordered the liquidation of the beleaguered Jet Airways, officially ending any hopes of a revival ...
Jet Airways, “thought fit and necessary to direct for liquidation” by Supreme Court, is the second major airline to fall post GoFirst. The top court said that the resolution plan is no longer capable ...
Ryan Oakley / Investopedia Voluntary liquidation dissolves and dismantles solvent companies. A voluntary liquidation is a self-imposed windup and dissolution of a company shareholders have approved.
Sets aside NCLAT decision to transfer grounded carrier’s ownership without full payment to creditors The Tribune, now ...
The Supreme Court Thursday ordered the liquidation of Jet Airways under the Insolvency and Bankruptcy Code (IBC) exercising its extraordinary powers under Article 142 of the Constitution.
we are left with no other option but to invoke our jurisdiction under Article 142 of the Constitution and direct that Jet ...
Jet Airways was one of the most successful private enterprises that emerged after the liberalization of India’s economy in ...
The decades-old West End sporting goods store plans to kick off a liquidation sale on Thursday to begin getting rid of its retail inventory ahead of a fuller pivot into team sales.
After a consortium failed to revive the grounded airline, the Supreme Court has ordered the liquidation of Jet Airways. The ...