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NCLT: NCLT sees surge in voluntary liquidation as promoters seeking clean slate

Voluntary liquidation is becoming a preferred choice for promoters to close unviable businesses and avoid losses and compliance costs. Most companies opt for liquidation due to inactive operations (69%) or commercial inviability (17%). This trend reflects pragmatic corporate decision-making and regulatory compliance evolution, despite some promoters exploiting it to evade creditors.

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EaseMyTrip slides into loss in Q4FY24 due to GoAir write-off

EaseMyTrip slides into loss in Q4FY24 due to GoAir write-off
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Indian aviation industry loss estimated to stay at Rs 30-40 billion in FY25

Indian aviation industry loss estimated to stay at Rs 30-40 billion in FY25
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India Deregisters Go First s Planes, Pushing Carrier Closer to Collapse

India Deregisters Go First s Planes, Pushing Carrier Closer to Collapse
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Bishwajit dubeyAjay singhMenaka doshiGo airlines india ltdJindal power ltdSarin coBee airwaysGo airlinesSpicejet ltdCyril amarchand mangaldas coGo airlineAviation capital ltdMinistry of civil aviationIndian airline is on verge of failureIndia editionAirlines india ltd

India deregisters Go First s 54 planes, pushing carrier closer to collapse

Move, in line with a Delhi Court directive, opens the door for lessors to take them back

New delhiBishwajit dubeyAjay singhCyril amarchand mangaldas coGo airlineGo airlinesBee airwaysSpicejet ltdSarin coGo airlines india ltdAviation capital ltdMinistry of civil aviationJindal power ltdFile photoImage creditAirlines india ltd