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Out-Of-Court Mechanism Proposed In Bankruptcy Law Amendment Bill
Finance Minister Nirmala Sitharaman has proposed an "out-of-court initiation mechanism" for genuine business failures in the Insolvency and Bankruptcy Code (Amendment) Bill, 2025.
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Disgraced Crypto Mogul Do Kwon Pleads Guilty To Fraud Over $40 Billion Terraform Collapse
South Korean cryptocurrency specialist Do Kwon pleaded guilty to fraud charges in front of a New York judge on Tuesday following his firm's multi-billion-dollar bankruptcy, court filings showed.
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Centre Introduces Bill To Amend Insolvency Law In Lok Sabha
Finance Minister Nirmala Sitharaman introduced a bill in the Lok Sabha to amend the insolvency law.
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Anil Ambani's 3,000-Crore Fraud Case With 14,000-Crore Kicker. What Is It?
Reliance Group Chairman Anil Ambani was questioned by the Enforcement Directorate Tuesday morning on money laundering charges linked to alleged bank loan frauds worth Rs 17,000 crore.
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Top Court Recalls Orders For Liquidation Of Bhushan Steel And Power Limited
The Supreme Court on Thursday recalled its May 2 verdict, which had ordered the liquidation of Bhushan Steel and Power Limited (BSPL).
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From Reliance Insurance To Housing, Anil Ambani's Troubles Worth Thousands Of Crores
Premises linked to Reliance Group Chairman Anil Ambani were raided by the Enforcement Directorate Thursday morning, emphasising the downfall of the one-time sixth richest man in the world.
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How Ghislaine Maxwell's Father May Have Led Her To Jeffrey Epstein
Nearly three decades before Jeffrey Epstein was found dead in a Manhattan jail, Ghislaine Maxwell mourned the death of another powerful man under mysterious circumstances: her father, Robert Maxwell.
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Footwear Fashioned From Rubber Tires As Economic Crisis Hits South Sudan
In South Sudan, however, the creative work of such artisans is now fueled by an economic crisis that has left the government on the verge of bankruptcy and many people struggling to put food on the table.
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Rahul Gandhi's Picture On Sanitary Pad Packets In Bihar Sparks Row
The Congress' decision to front Rahul Gandhi's face on the free sanitary pads it aims to distribute to women in Bihar has run into rough weather. The rival parties have questioned the rationale of Mr Gandhi's face on the product meant for women.
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Canned-Food Producer Del Monte Foods Files for Bankruptcy
Canned fruit company Del Monte Foods filed for bankruptcy, less than a year after executing a controversial debt restructuring.
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Canned Goods Giant Del Monte Foods Files For Bankruptcy, Details Inside
The company announced that it has voluntarily entered Chapter 11 and is undergoing a process to sell its assets.
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Row Over "Silver Plates" At Mumbai Conclave And A "Bankruptcy" Jibe
Congress Legislature Party leader in Maharashtra Vijay Wadettiwar claimed on Wednesday estimate committee members were served meal in silver plates at a conclave.
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US Airline Shuts Down Operations Abruptly, Tells Passengers "Not To Go To The Airport"
A US-based airline has suddenly ceased all operations, leaving passengers shocked and stranded as they're urged not to go to the airport.
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UK Bolsters Web3 Investigations, Appoints First Crypto Intelligence Specialist to Insolvency Service
The UK government appointed Andrew Small as the first crypto specialist in the Insolvency Service, which is responsible for the recovery and tracing assets linked to bankrupt individuals or liquidated companies. In the past five years, the number of insolvency cases involving crypto as a recoverable asset have clocked a massive increase of 420 perc...
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US Department Store JCPenney To Close 7 Stores Across The Country, Check Impacted Locations
American department store chain JCPenney will permanently close seven of its locations across the United States by May 25, 2025.
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Out-Of-Court Mechanism Proposed In Bankruptcy Law Amendment Bill
Finance Minister Nirmala Sitharaman has proposed an "out-of-court initiation mechanism" for genuine business failures in the Insolvency and Bankruptcy Code (Amendment) Bill, 2025.
-
Disgraced Crypto Mogul Do Kwon Pleads Guilty To Fraud Over $40 Billion Terraform Collapse
South Korean cryptocurrency specialist Do Kwon pleaded guilty to fraud charges in front of a New York judge on Tuesday following his firm's multi-billion-dollar bankruptcy, court filings showed.
-
Centre Introduces Bill To Amend Insolvency Law In Lok Sabha
Finance Minister Nirmala Sitharaman introduced a bill in the Lok Sabha to amend the insolvency law.
-
Anil Ambani's 3,000-Crore Fraud Case With 14,000-Crore Kicker. What Is It?
Reliance Group Chairman Anil Ambani was questioned by the Enforcement Directorate Tuesday morning on money laundering charges linked to alleged bank loan frauds worth Rs 17,000 crore.
-
Top Court Recalls Orders For Liquidation Of Bhushan Steel And Power Limited
The Supreme Court on Thursday recalled its May 2 verdict, which had ordered the liquidation of Bhushan Steel and Power Limited (BSPL).
-
From Reliance Insurance To Housing, Anil Ambani's Troubles Worth Thousands Of Crores
Premises linked to Reliance Group Chairman Anil Ambani were raided by the Enforcement Directorate Thursday morning, emphasising the downfall of the one-time sixth richest man in the world.
-
How Ghislaine Maxwell's Father May Have Led Her To Jeffrey Epstein
Nearly three decades before Jeffrey Epstein was found dead in a Manhattan jail, Ghislaine Maxwell mourned the death of another powerful man under mysterious circumstances: her father, Robert Maxwell.
-
Footwear Fashioned From Rubber Tires As Economic Crisis Hits South Sudan
In South Sudan, however, the creative work of such artisans is now fueled by an economic crisis that has left the government on the verge of bankruptcy and many people struggling to put food on the table.
-
Rahul Gandhi's Picture On Sanitary Pad Packets In Bihar Sparks Row
The Congress' decision to front Rahul Gandhi's face on the free sanitary pads it aims to distribute to women in Bihar has run into rough weather. The rival parties have questioned the rationale of Mr Gandhi's face on the product meant for women.
-
Canned-Food Producer Del Monte Foods Files for Bankruptcy
Canned fruit company Del Monte Foods filed for bankruptcy, less than a year after executing a controversial debt restructuring.
-
Canned Goods Giant Del Monte Foods Files For Bankruptcy, Details Inside
The company announced that it has voluntarily entered Chapter 11 and is undergoing a process to sell its assets.
-
Row Over "Silver Plates" At Mumbai Conclave And A "Bankruptcy" Jibe
Congress Legislature Party leader in Maharashtra Vijay Wadettiwar claimed on Wednesday estimate committee members were served meal in silver plates at a conclave.
-
US Airline Shuts Down Operations Abruptly, Tells Passengers "Not To Go To The Airport"
A US-based airline has suddenly ceased all operations, leaving passengers shocked and stranded as they're urged not to go to the airport.
-
UK Bolsters Web3 Investigations, Appoints First Crypto Intelligence Specialist to Insolvency Service
The UK government appointed Andrew Small as the first crypto specialist in the Insolvency Service, which is responsible for the recovery and tracing assets linked to bankrupt individuals or liquidated companies. In the past five years, the number of insolvency cases involving crypto as a recoverable asset have clocked a massive increase of 420 perc...
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US Department Store JCPenney To Close 7 Stores Across The Country, Check Impacted Locations
American department store chain JCPenney will permanently close seven of its locations across the United States by May 25, 2025.
