Delhi residents are looking into nearby travel destinations as the G20 Summit comes closer. The long weekend off for Delhiites from September 8 to September 10 has resulted in a noteworthy rise in weekend getaway bookings. Benefits include increased business for domestic airlines, lodging, and short-haul international destinations., Delhi News, Times Now
On May 2, Domestic budget carrier Go First announced that it has filed an application for voluntary insolvency resolution proceedings before the National Company Law Tribunal (NCLT), Delhi.
Senior Advocate Neeraj Kishan Kaul, representing Go First, said the objective of the Insolvency and Bankruptcy Code is to ensure that a company is a going concern and not ground it.
As per IDERA norms, in cases like lease rental defaults, regulators are required to deregister the aircraft and allow the lessors to repossess them within five working days of a request being filed.