financial distress

Bank

Government Considers Changes to MSME Prepackaged Scheme, Empowering IBBI

Nidhi Mishra - May 25, 2023

The Indian government is contemplating revisions to the prepackaged scheme for Micro, Small, and Medium Enterprises (MSMEs), while also considering enhancing the authority of...

Bank

SpiceJet Insolvency: NCLT Postpones Aircastle’s Plea Hearing to June 1

Nidhi Mishra - May 25, 2023

The National Company Law Tribunal (NCLT) has deferred the hearing of Aircastle's plea against SpiceJet's insolvency to June 1, extending the timeline for the...