New group insolvency framework in the works The report also said that insolvency proceedings of companies which are not categorised as holding, subsidiary or associate but are intrinsically linked with other companies undergoing insolvency be similarly consolidated A working group under the insolvency regulator has recommended a group insolvency framework to allow for consolidated insolvency […]
NCLAT allows Dutch court administrator to attend Jet Airways CoC meetings A three member NCLAT bench said that the Dutch administrator would be part of the CoC meeting and would be given minutes of the meetings. The National Company Law Appellate Tribunal (NCLAT) has allowed the Dutch court administrator of Jet Airways to attend the […]
