NCLT issues notice to SpiceJet over another unpaid operational debt

Financial Turbulence: SpiceJet's New Debt Default Crisis

The National Company Law Tribunal (NCLT) has issued a notice to the SpiceJet. The notice was issued in response to a plea by Techjockey Infotech Pvt Ltd, an operational creditor of the airline, seeking the initiation of corporate insolvency resolution proceedings against the beleaguered airline. Sep 24, 2024
Anura Dissanayake takes oath as Sri Lanka's 9th President

Anura Dissanayake takes oath as Sri Lanka's 9th President

Anura Dissanayake, leader of the Marxist-leaning Janatha Vimukthi Peramuna (JVP) party, was sworn in on Monday as the ninth President of Sri Lanka, marking a historic moment as the country's first leftist head of state. Sep 23, 2024