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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. ....
EaseMyTrip slides into loss in Q4FY24 due to GoAir write-off thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
Indian aviation industry loss estimated to stay at Rs 30-40 billion in FY25 indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
India Deregisters Go First's Planes, Pushing Carrier Closer to Collapse bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.