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IBC: Former promoters and directors can submit bids if not ineligible under Section 29A of IBC: NCLAT

The National Company Law Appellate Tribunal (NCLAT) has ruled that former promoters and directors of a company undergoing insolvency are not automatically barred from submitting resolution plans. The decision came as NCLAT set aside an order from the Mumbai bench of the National Company Law Tribunal (NCLT) that invoked Section 29A of the Insolvency and Bankruptcy Code to restrict such individuals from submitting a resolution plan.

Mahesh mathaiCommittee of creditors coNational company law tribunalNational company law appellate tribunalCorporate insolvency resolution processBankruptcy codeBlue frog mediaSection 29a

Bombardier, Inc Class B (TSE:BBD B) Price Target Cut to C$60 00 by Analysts at CIBC

Bombardier, Inc. Class B (TSE:BBD.B – Get Free Report) had its target price lowered by analysts at CIBC from C$62.00 to C$60.00 in a research note issued on Wednesday, BayStreet.CA reports. The firm currently has a “neutral” rating on the stock. CIBC’s target price suggests a potential upside of 9.17% from the stock’s current price. […]

Eric martelJean christophe gallagherNews ratings for bombardier incBombardier incNational banksharesAnalyst recommendations for bombardier incGet free reportClassb stockDirector eric martelSenior officer jean christophe gallagherClassb dailyBombardier inc class bTse bbd bBbd bLower price target

CPKC Executive Vice-President and Chief Financial Officer to address the 27th Annual CIBC Western Institutional Investor Conference on Jan 18, 2024

CPKC Executive Vice-President and Chief Financial Officer to address the 27th Annual CIBC Western Institutional Investor Conference on Jan 18, 2024
webwire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from webwire.com Daily Mail and Mail on Sunday newspapers.

United statesNadeem velaniChief financial officerInstitutional investor conferencePacific kansas cityExecutive vice presidentChief financial officer nadeem velaniAtlantic canadaNorth americanPress release imageVice presidentPress releaseEws release

Go First establishes company with former employees to liaison with lessors amid resolution process

Go First has established SP Mumbai Aviation, led by former finance department employee Sachin Naik, to collate records/documents, the resolution professional said

Sachin naikWadia groupPratt whitneyIreland designated activity companyDelhi high courtDesignated activity companySky oneSafrik investmentsGo first

Assent CEO talks ESG s growing impact on stakeholder, customer, and investor relationships

Assent CEO Andrew Waitman explains how startup leaders can begin to craft an ESG strategy that drives business growth on the #CIBCInnovationBanking podcast.

United statesAndrew waitmanNorth america

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