liquidation News

Government Explores Legal Avenues Following Supreme Court's Bhushan-JSW Liquidation Ruling

The Indian government is assessing legal options after the Supreme Court ordered the liquidation of Bhushan Power and Steel, rejecting JSW Steel's bid. Lenders face losses, and JSW...

NCLT Orders Liquidation of Go First: The End of an Era for India's Aviation Sector

The National Company Law Tribunal has ordered the liquidation of Go First, marking a significant moment for India's aviation sector. The airline, which ceased operations in 2023, o...

Go First Airline Shutdown: NCLT Orders Liquidation After Failed Revival Attempts

The National Company Law Tribunal has ordered the liquidation of Go First airline after failed revival attempts, marking the end of its 18-year operation. The airline owes over Rs ...