In relief to lessors, moratorium under bankruptcy code no longer applies to aircraft, engines
Notification issued by MCA exempts such assets to better align with global treaty protecting lessors’ rights to repossess high-value equipment in cases of default.
5 October, 2023•1 min
0
5 October, 2023•1 min
0
Getting your Trinity Audio player ready...
More in
Business
Can Jeet Adani’s airports ride out Iran war?
he Adani group plans to spend Rs 1 lakh crore over the next five years to develop its airport business. While everything—including the funding—is sorted, a prolonged war could disturb the math.
You may also like
Business
Can Jeet Adani’s airports ride out Iran war?
he Adani group plans to spend Rs 1 lakh crore over the next five years to develop its airport business. While everything—including the funding—is sorted, a prolonged war could disturb the math.
Business
IPO is imperative but no panacea for Manipal Hospitals
A public listing will help clean up the hospital chain’s balance sheet after the costly Sahyadri acquisition. But depressed metrics, integration risks and lofty valuations make this far from a clean turnaround story.
Business
Jubilant finally moves on from Dunkin’
The restaurant chain operator has decided not to renew its franchise agreement for the coffee and donut chain in India. This was a long time coming, and it’s only good news for Jubilant and its shareholders.