SpiceJet insolvency row: DGCA's early warnings reveal brewing trouble – Times of India

NEW DELHI: As the insolvency issue of SpiceJet heats up, prior red-flagging to the company by the Directorate General of Civil Aviation (DGCA) had pointed out long awaited trouble for the aviation giant.Last year itself the DGCA had warned the airline after noticing various anomalies regarding its service.“Financial assessment carried out by DGCA revealed SpiceJet…

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Top 4 Unsecured Debt Consolidation Loans UK (2023): Best … – Analytics Insight

High levels of unsecured debt can quickly become a nightmare and impact different areas of your life. From damaging your credit score to financial strain, lawsuits and frequent calls from collection agencies, unsecured debt is a significant course for concern when it becomes unmanageable. Thankfully, you can get much-needed relief from unaffordable unsecured debt through…

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NCLT Rejects IDBI's Insolvency Plea Against Zee – Equitypandit – EquityPandit

On Friday, the National Company Law Tribunal (NCLT) dismissed IDBI Banks petition to seek insolvency against media giant Zee Entertainment, finding that the petition was barred by Section 10A of the Insolvency and Bankruptcy Code (IBC). Section 10A provides that no financial and operational creditors may apply to any debtor to initiate a Corporate Insolvency…

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Azerbaijan's Gunay Bank Declared Bankrupt | MENAFN.COM – MENAFN.COM

(MENAFN– Trend News Agency) BAKU, Azerbaijan, May 20. Azerbaijan’s Gunay Bank OJSC, whose license was revoked by the Central Bank of Azerbaijan (CBA) on May 16, has been declared bankrupt, trend reports. This decision was made by the Baku Commercial Court. According to the decision, the Azerbaijan Deposit Insurance Foundation was appointed as the liquidator…

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