Search For "liquidation"
Silvergate shrinks as investors choose to Hodl Ape Brigade, Casper and Zca
Updated : 2 years, 10 months ago IST
New Delhi [India], May 16 (ANI/ATK): The crypto industry is not new to hopeful developments and devastating crashes, and this season is full of such events. Events such as the crypto-friendly Silvergate Bank's recent announcement of downsizing, dwindling further into its liquidation, reitera
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RBI cancels licence of Pune-based Seva Vikas Cooperative Bank
Updated : 3 years, 5 months ago IST
Mumbai (Maharashtra) [India], October 10 (ANI): The Reserve Bank of India on Monday said it has cancelled the licence of Pune-based The Seva Vikas Co-operative Bank Ltd because of the company's earnings prospects and lack of capital.
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Bankruptcy regulations amended to enable better stakeholder participation
Updated : 3 years, 5 months ago IST
New Delhi [India], September 20 (ANI): The Insolvency and Bankruptcy Board of India (IBBI) has notified amendments in the Insolvency and Bankruptcy Board of India (Liquidation Process) (Second Amendment) Regulations, 2022 that seek to enable better stakeholders' participation, Ministry of Co
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Discom dues liquidation scheme 'to help realise Rs 9,000-cr receivables' f
Updated : 3 years, 8 months ago IST
New Delhi [India], June 23 (ANI): The Ministry of Power's scheme to liquidate overdues that distribution companies (discoms) owe to generation companies (gencos) can release the past receivables of the renewable energy (RE) sector of Rs 9,000 crore over the next two fiscals, CRISIL Ratings s
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Creditors realise 221 per cent of liquidation value through insolvency res
Updated : 3 years, 12 months ago IST
New Delhi [India], March 15 (ANI): Financial creditors realised 221 per cent of liquidation value and 51 per cent of admitted claims through the corporate insolvency resolution process, Union Minister of State for Finance Bhagwat Kisanrao Karad said on Tuesday.
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Burj Khalifa builder Arabtec confirms liquidation
Updated : 5 years, 5 months ago IST
Dubai [UAE], October 4 (ANI): UAE construction giant that built the world's tallest building the Burj Khalifa, Arabtec formally announced that it was going into liquidation after stakeholders found the financial situation "untenable".
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Auto registrations rise by 2.6 pc in February but COVID-19 fears prevail:
Updated : 6 years ago IST
New Delhi [India], Mar 12 (ANI): Automobile registrations rose by 2.6 per cent last month as transitionary demand crawled in with March 31 as the sunset date for BS-IV vehicles, the Federation of Automobile Dealers Associations (FADA) said on Thursday.
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Auto registrations plunge 15 pc in December on weak buyer sentiment: FADA
Updated : 6 years, 1 month ago IST
New Delhi [India], Jan 21 (ANI): Vehicle registrations across the country declined by 15 per cent in December year-on-year due to weak consumer sentiment despite deep discounts being offered by manufacturers, the Federation of Automobile Dealers Associations (FADA) said on Tuesday.
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IBBI amends Insolvency and Bankruptcy Board of India (Liquidation Process)
Updated : 6 years, 2 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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ED files reply to SBI plea for speedy liquidation of Mallya’s seized prope
Updated : 7 years, 1 month ago IST
Mumbai (Maharashtra) [India], Feb 5 (ANI): The Enforcement Directorate (ED) on Tuesday filed a reply in connection with the plea of a consortium of banks led by State Bank of India (SBI) in the special court of Prevention of Money Laundering Act (PMLA), seeking immediate and speedy liquidati
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Automobiles sale slows down in June due to stock liquidation by dealers
Updated : 8 years, 6 months ago IST
New Delhi [India], July 10 (ANI): Society of Indian Automobile Manufacturers (SIAM) on Monday said that the industry has produced a total, 6,914,544 vehicles including passenger vehicles, commercial vehicles, three wheelers, two wheelers and quadricycle in April June 2017 as against 6, 431,
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Insolvency, Bankruptcy Board invites comments from public for Liquidation
Updated : 8 years, 6 months ago IST
New Delhi [India], Feb 15 (ANI): The Ministry of Corporate Affairs on Wednesday announced the set-up of four working groups to facilitate implementation of the Insolvency and Bankruptcy Code, 2016.
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