bankruptcy News

Northvolt Seeks Bankruptcy Protection in Sweden to Ensure Future Viability

Northvolt AB, a Swedish electric car battery maker, has filed for bankruptcy in Sweden to secure a sustainable future. The company is working with a court-appointed trustee to mana...

NCLT Orders Liquidation of Go First: The End of an Era for India's Aviation Sector

The National Company Law Tribunal has ordered the liquidation of Go First, marking a significant moment for India's aviation sector. The airline, which ceased operations in 2023, o...

Go First Airline Shutdown: NCLT Orders Liquidation After Failed Revival Attempts

The National Company Law Tribunal has ordered the liquidation of Go First airline after failed revival attempts, marking the end of its 18-year operation. The airline owes over Rs ...

Tmon and WeMakePrice on the Brink of Bankruptcy: Corporate Rehabilitation Considered

Tmon and WeMakePrice are grappling with a severe financial crisis, necessitating immediate payments for consumer refunds and seller settlement funds. The companies plan to prioriti...