HomeTagsCIRP

Tag: CIRP

Go First: Go First lenders...

MUMBAI: Lenders to Go First on...

Go First: Go First lenders may approach Wadias, delay resolution plan

MUMBAI: Lenders to Go First on Monday discussed extending the period for arriving at a corporate insolvency resolution plan (CIRP) by three to six months. With no outside bidder in sight for the beleaguered airline, lenders are considering approaching the Wadias - the promoters of the airline - to inquire if they have any plans for running the company.Banks, having expended Rs 100 crore on the airline's salaries and other operational costs, are apprehensive about making a decision. They fear that a new legislation might be interpreted as...

Karl Jörg - November 6, 2023

Business Profiles

Go First: Go...

MUMBAI: Lenders to Go First on Monday discussed extending the period for arriving at a corporate insolvency resolution plan (CIRP) by three to...

Karl Jörg - November 6, 2023

About Us

This website and all of the contents are property of Chrysolite Media Network Pvt. Ltd. Images, content and any other material may not be copied or reproduced without first obtaining written permission from Chrysolite Media Network Pvt. Ltd.