Mumbai (Maharashtra)/New Delhi [India], May 30 (ANI/NewsVoir): Cyril Amarchand Mangaldas acted as the legal counsel to Nithia Capital Resources Advisors LLP and Jai Saraf ("Resolution Applicants") in connection with the submission, negotiations with the committee of creditors and implementat
London [UK], April 29 (ANI): Tennis legend Boris Becker has been jailed for two and a half years for hiding Euro 2.5 million worth of assets and loans to avoid paying his debts. The three-time Wimbledon champion was found guilty of four charges under the Insolvency Act between June 21 and
London [UK], April 8 (ANI): Retired German tennis star and three times Wimbledon champion Boris Becker was found guilty of four charges under the Insolvency Act related to his 2017 bankruptcy on Friday.
New Delhi [India], April 5 (ANI/PNN): The government has been initiating and rolling out many policy measures and reforms to achieve the vision of a USD 5 trillion Indian Economy by the year 2025. Realizing that implementing reforms and being self-reliant are the critical factors to achievin
Beirut [Lebanon], April 4 (ANI/Xinhua): Lebanon's Deputy Prime Minister Saade Chami on Monday announced "the bankruptcy of the state and the Central Bank of Lebanon," al-Jadeed local TV channel reported.
Islamabad [Pakistan], March 25 (ANI): Pakistan's power sector has gone bankrupt but the country lavishly spends its resources on secretly funding terrorist activities and fails to honour its payment obligations to the Chinese partners in the power projects who have expressed concerns to Isla
New Delhi [India], March 15 (ANI): Financial creditors realised 221 per cent of liquidation value and 51 per cent of admitted claims through the corporate insolvency resolution process, Union Minister of State for Finance Bhagwat Kisanrao Karad said on Tuesday.
Beijing [China], February 23 (ANI): Beijing firm, Xinwei Technology Group has gone bankrupt that was eyeing to seize control of Ukrainian engine manufacturer Motor Sich, one of the world's largest manufacturers of missiles, helicopter and jet engines.
New York [US], February 18 (ANI): Exiled Chinese businessman Guo Wengui filed for bankruptcy protection after a New York judge ordered him to pay USD 134 million in fines for moving a yacht out of the reach of an unpaid lender.
New Delhi [India], February 9 (ANI): Ravi Mital, a 1986 batch Indian Administrative Service (IAS) officer of Bihar cadre, on Wednesday took charge as Chairperson of Insolvency and Bankruptcy Board of India.
New Delhi [India], February 9 (ANI): Number of suicides due to unemployment during 2018-2020 stand at 9,140 as per records of National Crime Records Bureau (NCRB), replied Union Home Ministry in Rajya Sabha on Wednesday.
Kabul [Afghanistan], February 4 (ANI): Afghan businesswomen, who have gone bankrupt and lost their jobs following the Taliban takeover of Afghanistan, urged the Islamic Emirate to pay attention to solve their challenges, local media reported.