Search For "bankrupt"
PNB to have claim on Nirav Modi's US assets
Updated : 7 years, 10 months ago IST
Washington D. C. [USA] July 27 (ANI): As part of the United States Bankruptcy Court's summon order to diamantaire Nirav Modi and his aides on Friday, the Punjab National Bank (PNB) has been made party to the sale of all of Modi's assets in the US.
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CBI to probe Cambridge Analytica data breach case: RS Prasad
Updated : 7 years, 10 months ago IST
New Delhi [India], July (ANI): Union Law Minister Ravi Shankar Prasad on Thursday said that the Central Bureau of Investigation (CBI) will probe the Cambridge Analytica data breach case.
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Promulgation of IBC ordinance to empower home buyers
Updated : 7 years, 11 months ago IST
New Delhi [India] Jun 6(ANI): Ministry of Corporate Affairs Secretary Injeti Srinivas opined that with the promulgation of the Insolvency and Bankruptcy Code (Amendment) Ordinance, 2018, home buyers will now be given the status of financial creditors.
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President gives nod to ordinance treating home buyers as creditors
Updated : 7 years, 11 months ago IST
New Delhi [India], Jun 6 (ANI): President Ram Nath Kovind on Wednesday gave his assent to promulgate the Insolvency and Bankruptcy Code (Amendment) Ordinance, 2018, providing significant relief to home buyers by recognising their status as financial creditors.
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Lenders of Ruchi Soya asked for rebidding: Ramdev
Updated : 7 years, 11 months ago IST
New Delhi [India], June 5 (ANI): Yoga guru Ramdev has said that the lenders of bankruptcy-hit Ruchi Soya Industries Limited have asked for rebidding between two bidders - Patanjali Ayurved and Adani Wilmer.
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Centre approves ordinance to amend insolvency code
Updated : 8 years ago IST
New Delhi [India], May 23 (ANI): The Centre has approved an ordinance to amend the Insolvency and Bankruptcy Code (IBC), providing a relief to home buyers.
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Avenatti's old firm slammed with $10 million judgment
Updated : 8 years ago IST
Washington D.C. [United States], May 23 (ANI): The law firm of Stormy Daniels' attorney Michael Avenatti has been hit with a $10 million judgment by a U.S. bankruptcy court judge.
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Cambridge Analytica files for voluntary bankruptcy
Updated : 8 years ago IST
London, [United Kingdom] May 18 (ANI): London-based embattled analytics company Cambridge Analytica has filed for bankruptcy in the Southern District of New York.
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IBC, RERA pitted against each other; need reconciliation: ASSOCHAM
Updated : 8 years, 1 month ago IST
New Delhi [India], Apr. 22 (ANI): The two laws enacted in 2016 may have the best of intentions, but the Insolvency and Bankruptcy Code (Code) and the Real Estate (Regulation and Development) Act appear to be pitted against each other when it comes to resolving interest of bankers and home-bu
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IOB inks information utility pact with NeSL
Updated : 8 years, 1 month ago IST
Chennai (Tamil Nadu) [India], Apr. 21 (ANI): Indian Overseas Bank (IOB), one of the leading public sector banks, on Friday entered into an agreement for information utility services with the National E-Governance Services Limited (NeSL).
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Twin balance sheet problem nearing resolution: ASSOCHAM
Updated : 8 years, 1 month ago IST
New Delhi [India], Apr. 15 (ANI): The long-pending problem of twin balance sheets of banks and highly leveraged corporate firms is likely to be resolved reasonably in the forthcoming quarters, the ASSOCHAM said on Sunday.
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Individual borrowers to be brought under Insolvency code
Updated : 8 years, 1 month ago IST
New Delhi [India], Apr. 4 (ANI): Ministry of Corporate Affairs Secretary Injeti Srinivas on Wednesday noted that individual borrowers would be brought under the ambit of the Insolvency and Bankruptcy Code, 2016 (IBC) in due time.
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