Search For "bankrupt"
Rajya Sabha passes Insolvency and Bankruptcy Code (Second Amendment) Bill,
Updated : 5 years, 8 months ago IST
New Delhi [India], September 19 (ANI): The Rajya Sabha on Saturday passed the Insolvency and Bankruptcy Code, 2016 (Second Amendment) Bill on Saturday.
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Nirmala Sitharaman moves bill in Rajya Sabha to amend Insolvency and Bank
Updated : 5 years, 8 months ago IST
New Delhi [India], September 19 (ANI): Union Finance Minister Nirmala Sitharaman on Saturday moved the bill for the amendment of the Insolvency and Bankruptcy Code, 2016 in the Rajya Sabha on Saturday.
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Delhi HC stays IBC proceedings against Anil Ambani
Updated : 5 years, 9 months ago IST
New Delhi [India], Aug 27 (ANI): The Delhi High Court stayed Insolvency & Bankruptcy Code (IBC) proceedings against Anil Ambani in matter pertains to a personal guarantee given by him against a loan taken by Reliance Communications Ltd (RCom) and Reliance Infratel Ltd (RITL) from Stat
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Rahul Gandhi is intellectually bankrupt proves his statement about 'Facebo
Updated : 5 years, 9 months ago IST
Hyderabad (Telangana) [India], August 20 (ANI): Telangana Bhartiya Janata Party (BJP) hit out at Congress MP Rahul Gandhi and said it has been established that the Congress leader is intellectually bankrupt.
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Scams pushing Haryana into bankruptcy, govt finding it difficult to pay em
Updated : 5 years, 9 months ago IST
Chandigarh (Haryana) [India], Aug 11 (ANI): Slamming the Haryana government, former Chief Minister and Leader of Opposition Bhupinder Singh Hooda on Tuesday said scams are pushing the state into bankruptcy and the state government is not able to meet its employees' salary obligations on t
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India's bank debt restructuring to delay NPL recognition: Fitch
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], Aug 11 (ANI): The Reserve Bank of India's (RBI's) recent proposal to allow banks to restructure many types of loans will extend uncertainty over the banking sector's asset quality, Fitch Ratings said on Tuesday.
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Plea challenges IBC (Amendment) Ordinance 2020, Delhi HC issues notice
Updated : 5 years, 10 months ago IST
New Delhi [India], July 28 (ANI): The Delhi High Court on Tuesday issued a notice to the central government on a petition challenging the constitutional validity of the Insolvency and Bankruptcy Code (Amendment) Ordinance, 2020, suspending provisions of Section 7, 9 and Section 10 of the Ins
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IL&FS board upgrades estimates of debt addressed to over Rs 57,000 cro
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], July 20 (ANI): The new board of IL&FS Ltd on Monday shared an update on the progress of ongoing resolution process across the group and revised its estimates of debt being addressed to well above 50 per cent of the overall debt of over Rs 99,000 crore.
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Global economy not out of the woods yet: IMF Chief Kristalina Georgieva
Updated : 5 years, 10 months ago IST
Washington DC [USA], July 16 (ANI): The global economy continues to face challenges, including the possibility of a second wave of Covid-19, and governments should keep their support programmes in place, IMF Managing Director Kristalina Georgieva said on Thursday.
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Amid spike in COVID-19 cases, hopes of US economic recovery may be fizzlin
Updated : 5 years, 10 months ago IST
Washington DC [USA], July 14 (ANI): Hopes of a US economic recovery from the coronavirus pandemic has been jolted with several companies announcing layoffs and filing for bankruptcy.
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Nepal PM Oli's Ayodhya claim shows his 'mental bankruptcy': Keshav Prasad
Updated : 5 years, 10 months ago IST
New Delhi [India], July 14 (ANI): Uttar Pradesh Deputy Chief Minister Keshav Prasad Maurya on Tuesday slammed Nepal Prime Minister KP Sharma Oli for claiming that Ayodhya, the birthplace of Lord Rama, is in Nepal and Lord Rama was Nepali and said that such statement shows his "mental bankrup
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PNB reports Rs 3,689 crore exposure to DHFL as fraud
Updated : 5 years, 10 months ago IST
New Delhi [India], July 10 (ANI): Government-owned Punjab National Bank (PNB) has reported a fraud of Rs 3,688.58 crore in the non-performing asset (NPA) account of non-banking financial company Dewan Housing Finance Ltd (DHFL) which is in bankruptcy proceedings.
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