Search For "bankruptcy"
Chinese chipmaker in talks with investors over risk of bankruptcy
Updated : 4 years, 4 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, 6 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, 6 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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Insolvency and Bankruptcy Bill enables efficient resolution framework : Si
Updated : 4 years, 7 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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Lok Sabha passes Insolvency and Bankruptcy Code (Amendment) Bill, 2021
Updated : 4 years, 7 months ago IST
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.
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Parliament: Bill to amend Insolvency and Bankruptcy Code, 2016 to be intro
Updated : 4 years, 7 months ago IST
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.
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Government presses for passage of bills at LS BAC meeting, opposition kee
Updated : 4 years, 7 months ago IST
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
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Ramdev's Ruchi Soya files FPO document to raise up to Rs 4,300 crore
Updated : 4 years, 9 months ago IST
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).
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IL&FS ups aggregate debt recovery target to Rs 61,000 crore
Updated : 4 years, 11 months ago IST
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.
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President Kovind promulgates Insolvency and Bankruptcy Code (Amendment) Or
Updated : 4 years, 11 months ago IST
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.
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Goa Budget lacks economic revival plan, will crush marginalised: Digambar
Updated : 4 years, 11 months ago IST
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.
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324 companies filed for bankruptcy between 2018 to 2020
Updated : 4 years, 12 months ago IST
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.
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