Customers and creditors of bankrupt crypto exchange FTX who can prove their losses will likely get…
Tag: bankruptcy
Seven lessors agree to carry maintenance of Go First aircraft: RP to court
NEW DELHI : Go First’s resolution professional informed the Delhi High Court on Friday that seven…
The road to enter bankruptcy court is now 7,000 companies long
Creditors to about 7,000 companies are waiting for the National Company Law Tribunal (NCLT) to decide…
For conglomerates going into bankruptcy, a clearer path is emerging
Clarity is on the cards for conglomerates heading for bankruptcy, with the government working on a…
Supreme Court to hear insolvency plea against Zee promoters, issues notices
NEW DELHI : The Supreme Court has issued notices to two promoter companies of Zee Entertainment…
NCLT admits Sahara group subsidiary into insolvency
MUMBAI : The National Company Law Tribunal has ordered insolvency proceedings against a Sahara Group subsidiary,…
WeWork India clarifies after parent entity files for bankruptcy. Details here
WeWork India, the Indian arm of global co-working space firm WeWork Inc, on November 6 said…
Swan Energy makes upfront payment of ₹50 crore for Reliance Naval
New Delhi: Swan Energy, the successful resolution applicant for insolvent Reliance Naval, on Tuesday said that…
Regulatory framework for valuers to be strengthened: MCA
New Delhi: The Ministry of Corporate Affairs, in its monthly update, has said that it will…
Operational creditors begin to take backseat
NEW DELHI : Operational creditors, who have previously aggressively initiated bankruptcy proceedings against clients for payment…