Search For "bankrupt"
Modi govt bankrupt, says former Assam Chief Minister Tarun Gogoi
Updated : 6 years, 3 months ago IST
Guwahati (Assam) [India], Feb 4 (ANI): Former Assam Chief Minister Tarun Gogoi criticised the Centre over Union Budget 2020-21 and stated that Prime Minister Narendra Modi-led central government is "bankrupt".
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Yediyurappa government has gone bankrupt, no money for development works:
Updated : 6 years, 4 months ago IST
Bengaluru (Karnataka) [India], Jan 29 (ANI): Senior Congress leader and former Deputy Chief Minister Dr G Parameshwara on Wednesday said Chief Minister BS Yediyurappa-led BJP government in Karnataka has gone bankrupt and doesn't have money for any developmental works.
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Congress leader Sandeep Dixit slams Centre over Air India disinvestment
Updated : 6 years, 4 months ago IST
New Delhi [India], Jan 27 (ANI): Congress leader Sandeep Dixit on Monday slammed the Bharatiya Janata Party (BJP) led Central government stating that the disinvestment of Air India shows 'country standing on brink of bankruptcy'.
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Union Cabinet clears proposed change to Insolvency and Bankruptcy Amendmen
Updated : 6 years, 4 months ago IST
New Delhi [India], Jan 9 (ANI/NewsVoir): Recently the Union Cabinet has cleared a proposed change to Section 7 of the Insolvency and Bankruptcy Amendment Bill (2019) which suggests that at least 100 or 10 per cent of the total buyers, whichever is lower in a real estate project will have to
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IBBI amends Insolvency and Bankruptcy Board of India (Liquidation Process)
Updated : 6 years, 4 months ago IST
New Delhi [India], Jan 7 (ANI): The Insolvency and Bankruptcy Board of India (IBBI) has notified the Insolvency and Bankruptcy Board of India (Liquidation Process) Amendment Regulations 2020.
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Cabinet approves promulgation of IBC (Amendment) Ordinance 2019
Updated : 6 years, 5 months ago IST
New Delhi [India], Dec 24 (ANI): The Union Cabinet on Tuesday approved a proposal to promulgate an ordinance to amend the Insolvency and Bankruptcy Code (IBC) 2016.
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Patanjali Ayurved completes acquisition of bankrupt Ruchi Soya for Rs 4,35
Updated : 6 years, 5 months ago IST
New Delhi [India], Dec 19 (ANI): Debt-ridden Ruchi Soya's resolution is complete with Yoga guru Baba Ramdev's Patanjali Ayurved depositing Rs 1,100 crore equity in a State Bank of India (SBI) escrow account to acquire the edible oil maker for Rs 4,350 crore.
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9,653 cases resolved under IBC: Corporate Affairs Ministry
Updated : 6 years, 5 months ago IST
New Delhi [India], Dec 15 (ANI): Out of 21,136 applications filed, 9,653 cases involving a total amount of approximately Rs 3,74,931.30 crore have been disposed of at the pre-admission stage of Insolvency and Bankruptcy Code, 2016 (IBC) so far, said the Ministry of Corporate Affairs on Sunda
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Bill to amend insolvency and bankruptcy code introduced in Lok Sabha
Updated : 6 years, 5 months ago IST
New Delhi [India], Dec 12 (ANI): A bill was introduced in the Lok Sabha on Thursday which seeks to remove bottlenecks, streamline the Corporate Insolvency Resolution Process (CIRP) and protection of last-mile funding to boost investment in financially distressed sectors.
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Cabinet approves Insolvency and Bankruptcy Code (Second Amendment) Bill, 2
Updated : 6 years, 5 months ago IST
New Delhi [India], Dec 11 (ANI): The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved the proposal to make amendments in the Insolvency and Bankruptcy Code, 2016 (Code), through the Insolvency and Bankruptcy Code (Second Amendment) Bill, 2019.
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California firm agrees to pay $13.5 billion to wildfire victims
Updated : 6 years, 5 months ago IST
Washington D.C. [USA], Dec 7 (ANI): California's Pacific Gas and Electric (PG&E) on Friday (local time) said that it has agreed to pay USD 13.5 billion to the victims of wildfires that had killed dozens of people and destroyed tens of thousands of homes across Northern California last year.
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RBI files application for bankruptcy proceedings against DHFL
Updated : 6 years, 5 months ago IST
Mumbai (Maharashtra) [India], Nov 30 (ANI): The Reserve Bank of India (RBI) has filed an application to initiate insolvency proceedings against mortgage lender Dewan Housing Finance Ltd (DHFL).
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