Latest News – LatestLY

Mumbai, Sep 4 (PTI) Jet Airways on Saturday said one of its wide-body Boeing 777 aircraft, which was under the custody of the Dutch Administrator due to the insolvency proceedings against the company in the Netherlands, has been sold, and the proceedings will mainly be utilised to close the process. Jet Airways is facing insolvency…

McLeod Russel steps out of insolvency after settlement with creditors – Business Standard

The promoters of McLeod Russel India, the countrys largest tea producer in India, have reached a settlement with financial creditor, Techno Electric & Engineering, paving the way out of insolvency. Aditya Khaitan, chairman and managing director, McLeod Russel India, did not comment. P P Gupta, managing director, Techno, said, The matter stands closed to our…

Funafli Helicopter Company is bankrupt – ModularPhonesForum

Bankruptcy: The bankruptcy of Funafli, headquartered in Voss. stock photos Helicopter company Funafli has declared bankruptcy after the increasingly difficult situation during the Corona crisis worsened. Marietta Sao Hamri [emailprotected] Posted: 02.09.2021 14:17 Latest update:14:22 The daily camper and its owner, Sverre Underbakke, told Fonnafly E24 that the company had been hit hard by the…

NCLT approval to SBIs request for personal insolvency case against Videocon Industries promoter Venugopal D… – Zee Business

Difficulties for Videocon Industries promoter Venugopal Dhoot is increasing as the National Company Law Tribunal (NCLT) Mumbai has now approved the request of State Bank of India (SBI) for personal insolvency case against Dhoot. As per the information Dhoot had given personal guarantee to SBI for a loan of Rs 6157. Speaking on the matter…