NEW DELHI: The fate of Go First, which stopped flying on May 3, 2023, may be known within the next two months. The National Company Law Tribunal (NCLT) on Monday extended the erstwhile Wadia Group airline’s corporate insolvency resolution process (CIRP) by another 60 days. The maximum 330-day period (with extensions) within which CIRP has…
From Philly and the Pa. suburbs to South Jersey and Delaware, what would you like WHYY News to cover? Let us know! Philadelphia social worker Kelly Monique Gray wept as she shared what it meant for her student loans to be forgiven. Gray shared her experience during a roundtable discussion in North Philadelphias Fairhill neighborhood.…
On February 13, the NCLT extended the deadline to complete CIRP to April 4. (Representational) Insolvency tribunal NCLT on Monday once again extended the deadline to complete the resolution process of grounded airline Go First by another 60 days. This is the third extension given to Go First by the National Company Law Tribunal (NCLT)…
President Joe Biden said on Monday at an event in Madison, Wisconsin, that his latest efforts to reduce or eliminate student debt would be a boon to the US economy. Mr Biden said his administrations newest initiatives are an outgrowth of his promise to find alternative paths to reduce student debt loads that have become…
New Delhi: Insolvency tribunal NCLT on Monday once again extended the deadline to complete the resolution process of grounded airline Go First by another 60 days. This is the third extension given to Go First by the National Company Law Tribunal (NCLT) from April 4 to June 3.A two-member bench of the Delhi-based NCLT admitted…
Credit card debt relief can work for the right person, but it may not be the best fit for every borrower. Cavan Images Today’s high interest rate environment is making borrowing money expensive, and while there could be rate cuts later this year, it’s looking less likely right now. Not only has inflation remained persistent, but…
Barclays PLCs BCS business restructuring and cost-mitigating efforts are likely to aid growth and boost operating efficiency. The companys recent inorganic expansion initiatives are expected to further boost its profitability. However, uncertainties in the capital markets are likely to impede revenue growth to some extent. BCS initiatives to enhance operating efficiency over the last few…
Katie Price pictured with her new man JJ Slater. (Getty) The Mucky Mansion has been a big part of Katie Price‘s life and the property has hit headlines over the years from break-ins and a rat invasion. Price was recently declared bankrupt again and now it is rumoured she could be leaving the place she…
The National Company Law Tribunal (NCLT) on Monday granted another 60-day extension to Go First to complete its insolvency process. The recent extension by the NCLT was based on a Supreme Court judgement in the Essar Steel case, which allows extensions under exceptional circumstances. This is the third extension sought by Go First. The NCLT…
Bus manufacturer Van Hool has been declared bankrupt. The information has been stated by the manufacturer itself this morning, 8th April, and the topic got high attention on local media, in particular from De Standaard. The company is set to be taken over by Dutch VDL and German Schmitz Cargobull, but together they would only…