As a consequence, Air India has derecognized the Indian Pilots Guild and sealed its offices. |
The pilots are observing their strike under the banner of the Indian Commercial Pilot Association, which was derecognized by the Indian Government on Wednesday. |
The trade receivables that were assigned to banks under the factoring arrangements are derecognized from the Group's trade receivables balance. |
Instead, the entire benefit is derecognized when the more-likely-than-not criteria is no longer met. |