Search For "bankrupt"
Bankrupt British-Pakistani hired to kill blogger activist in Netherlands
Updated : 4 years, 4 months ago IST
London [United Kingdom], January 15 (ANI): The Crown Prosecution Service (CPS) has told the Kingston Magistrates' Court that British Pakistani man Muhammad Gohir Khan was hired to kill blogger and activist Ahmad Waqass Goraya in Rotterdam, Netherlands.
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Sri Lanka could go bankrupt this year as inflation rises to record levels:
Updated : 4 years, 4 months ago IST
Colombo [Sri Lanka], January 9 (ANI): Sri Lanka is facing a deepening financial and humanitarian crisis that could lead it to bankruptcy in 2022 as inflation rises to record levels, said a media report.
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Punjab bankrupt due to unethical policies of SAD, Cong: BJP
Updated : 4 years, 5 months ago IST
Jalandhar (Punjab) [India], December 27 (ANI): Union Minister of Jal Shakti and Bharatiya Janata Party(BJP) leader Gajendra Singh Shekhawat made a scathing attack at the Punjab Chief Minister Charanjit Singh Channi for the deteriorating situation of the law and order in the state and said th
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Insolvency proceedings against Reliance Capital begin; RBI files applicati
Updated : 4 years, 5 months ago IST
New Delhi [India], December 3 (ANI): The Reserve Bank on Thursday filed an application for the initiation of the Corporate Insolvency Resolution Process (CIRP) against Reliance Capital under sections of Insolvency and Bankruptcy Code, 2016 at the Mumbai Bench of the National Company Law Trib
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Reliance Capital welcomes RBI's decision, blames complexity of litigation
Updated : 4 years, 5 months ago IST
New Delhi [India], November 30 (ANI): Reliance Capital Limited welcomed the Reserve Bank of India's (RBI) decision to resolve the company's debt in accordance with the Insolvency and Bankruptcy (IBC) Code.
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Insolvency and Bankruptcy Code, 2016 a gamechanger reform, says Piyush Goy
Updated : 4 years, 6 months ago IST
New Delhi [India], November 25 (ANI): The Union Minister of Commerce and Industry Piyush Goyal on Thursday termed the Insolvency and Bankruptcy Code (IBC), 2016 as a "gamechanger reform" that has been the most successful law in insolvency resolution in the country.
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Govt celebrating Diwali making people bankrupt: Congress leader Imran Prat
Updated : 4 years, 6 months ago IST
New Delhi [India], November 5 (ANI): Slamming the Centre over the fuel prices and inflation issue, Congress leader Imran Pratapgarhi on Thursday said the government is celebrating Diwali making people bankrupt.
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Chinese chipmaker in talks with investors over risk of bankruptcy
Updated : 4 years, 7 months ago IST
Beijing [China] October 21 (ANI): Chinese company Tsinghua Unigroup is in talks with seven potential investors to tackle its financial crisis as the company is struggling to cope up with the risk of bankruptcy.
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SC asks NCLT, NCLAT to strictly adhere to IBC timelines, clear pending res
Updated : 4 years, 8 months ago IST
New Delhi [India], September 13 (ANI): The Supreme Court on Monday urged the National Company Law Tribunal (NCLT) and National Company Law Appellate Tribunal (NCLAT) to strictly adhere to the timelines stipulated under the Insolvency and Bankruptcy Code (IBC) and clear pending resolution pla
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Before implementation of Insolvency and Bankruptcy Code, there used to be
Updated : 4 years, 9 months ago IST
New Delhi [India], August 28 (ANI): Chief Economic Advisor Krishnamurthy Subramanian on Friday said that before the Insolvency and Bankruptcy Code (IBC) was implemented, there used to be feudalism.
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Australia names China state-owned lender firm in Parliament for deliberate
Updated : 4 years, 9 months ago IST
Canberra [Australia], August 12 (ANI): A Chinese state-owned lender firm was named in the Australian Parliament on Tuesday afternoon for deliberately bankrupting an Aussie company by misdirecting payments to take ownership.
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Insolvency and Bankruptcy Bill enables efficient resolution framework : Si
Updated : 4 years, 9 months ago IST
New Delhi [India], August 4 (ANI): Union Finance and Corporate Affairs Minister Nirmala Sitharaman on Wednesday said that the passage of the Insolvency and Bankruptcy Code (Amendment) Bill, 2021 enables an efficient alternative insolvency resolution framework for micro, small and medium e
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