Road Ministry modifies RFP document to include ‘deemed approval’ provision

Road Ministry modifies RFP document to include ‘deemed approval’ provision

The Road Ministry has included the provision of “deemed approval” in the revised document for request for proposals for timely approval of detailed project report (DPR) reports submitted by consultants. The Ministry of Road Transport and Highways (MoRTH) in a circular said timely approval of various reports submitted by consultants is considered an important requirement […]

NCLAT allows inspection to GoFirst lessor, modifies NCLT order

The National Company Law Appellate Tribunal (NCLAT) on Friday allowed Engine Lease Finance BV to inspect four of its engines leased to bankrupt airline GoFirst. NCLAT gave the resolution professional (RP) of the airline 10 days to give the date of inspection to the engine lessee. The NCLAT modified an interim order of the National […]