A financial disaster court has allowed Hotfoot Airways (India) Ltd’s application to admit one of its distributors Blue Mushroom Infozone below the CIRP.
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A financial disaster court has allowed Hotfoot Airways (India) Ltd’s application to admit one of its distributors Blue Mushroom Infozone below the CIRP.
The tribunal has furthermore appointed Dipti Amit Thite as the Period in-between Resolution Skilled. The carrier had approached the Mumbai bench of NCLT in 2018 after its supplier defaulted on its dues of over ₹60 lakh.
„…successfully proved the debt and default on this case,” said the bench presided by judicial member Kuldip Kumar Kareer and technical member Shyam Babu Gautam.
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