New Delhi [India], July 28 (ANI): The Lok Sabha on Wednesday passed the Insolvency and Bankruptcy Code (Amendment) Bill, 2021 which was introduced in the Lower House on July 26.
London [UK], July 26 (ANI): Fugitive Indian businessman Vijay Mallya on Monday (local time) was declared bankrupt by a British court allowing Indian banks to pursue his assets worldwide.
New Delhi [India], July 26 (ANI): As the Lok Sabha is all set to resume proceedings on Monday two days after the house was adjourned amid the ruckus created by the Opposition, Union Finance Minister Nirmala Sitharaman will introduce a bill to amend the Insolvency and Bankruptcy Code, 2016.
New Delhi [India], July 19 (ANI): The government sought to give priority to the passage of five bills to replace ordinances in the meeting of the Business Advisory Committee of Lok Sabha on Monday while the opposition pressed for a discussion on various issues including price rise, protes
Mumbai (Maharashtra) [India], June 14 (ANI): FMCG major Ruchi Soya, which was taken over by Baba Ramdev-led Patanjali Ayurveda under the Insolvency and Bankruptcy Code (IBC), plans to raise about Rs 4,300 crore through a further public offering (FPO).
Islamabad [Pakistan], May 30 (ANI): Bankrupt Pakistan's debt problems seem to be escalating as it is all weather-ally China has declined to restructure USD 3 billion in liabilities.
Islamabad [Pakistan], May 21 (ANI): Pakistan Peoples Party (PPP) Chairman Bilawal Bhutto Zardari ripped into Imran Khan, saying Pakistan will go bankrupt if Prime Minister Imran Khan completes his five-year tenure.
Margao (Goa) [India], April 20 (ANI): Leader of Opposition in Goa Assembly Digambar Kamat slammed the state government and said that it is horrific to know that the bankrupt BJP government headed by Chief Minister Dr Pramod Sawant has no money even to dispose of unclaimed bodies lying in the
Mumbai (Maharashtra) [India], Apr 15 (ANI): The new board and management of IL&FS as part of its quarterly update process on the progress of ongoing group resolution process on Thursday shared that it has addressed aggregate debt of Rs 43,000 crore till date.
New Delhi [India], April 7 (ANI): President Ram Nath Kovind promulgated the Insolvency and Bankruptcy Code (Amendment) Ordinance, 2021 on Sunday, a statement issued by the Ministry of Corporate Affairs informed on Wednesday.
Panaji (Goa) [India], March 25 (ANI): Goa Leader of opposition Digambar Kamat on Wednesday slammed the Bharatiya Janata party (BJP) for the 'hollow' Budget and said that it lacks economic revival plan as it would crush the marginalised sector and move the state towards bankruptcy.
New Delhi [India], March 16 (ANI): As many as 324 companies have filed for bankruptcy between 2018 to 2020, informed the Ministry of Corporate Affairs on Tuesday.