Latest News on Bankruptcy
Showing of 0 - 10 from 83 results
Bankruptcy - Total results - 83
Feb 19, 2019
Jaypee Infratech's promoter makes second attempt to settle Rs 10,000-cr dues with lendersCrisis-hit Jaiprakash Associates has once again submitted a proposal to lenders of its subsidiary Jaypee Infratech for settling dues worth Rs 10,000 crore, amid bids for taking over the realty firm under the insolvency process
Jan 11, 2019
Carlos Ghosn indicted for alleged breach of trust; lawyer to move bail application for ex-Nissan chiefArray
Dec 11, 2018
Nissan ex-chairman Carlos Ghosn files complaint over detention; gets treatment like other undertrials in jailGhosn was arrested on suspicion of conspiring to understate his compensation by about half of the actual 10 billion yen ($88 million) awarded over five years from 2010.
Nov 02, 2018
World Bank Ease of Doing Business ranking: Why strong and efficient laws like IBC create a conducive environment for bizthe dual mechanism of insolvency and thereafter liquidation creates an efficient system of Insolvency Laws, which is very critical for the development of any economy.
Oct 25, 2018
SC order on firecrackers could make manufacturers go bankrupt, create bad debt worth more than Rs 2,000cr, says industry bodyThe firecrackers manufacturing industry claims that Supreme Court judgment banning use of barium in manufacturing of firecrackers will not only make bursting of firecrackers during festivals impracticable, it could also make the industry go bankrupt incurring bad debt worth more than Rs 2,000 crore
Oct 17, 2018
Essar Steel insolvency case: ArcelorMittal to pay Rs 7,469 cr to clear Uttam Galva, KS Petron duesAfter losing their case in NCLT and NCLAT, ArcelorMittal had moved the Supreme Court, which on 4 October had allowed them to bid for Essar Steel provided they cleared their dues to their lenders.
Sep 10, 2018
ArcelorMittal sweetens offer for Essar Steel; submits revised proposal to committee of creditorsWorld's leading steel giant ArcelorMittal has sweetened its offer for Essar Steel, as the bids received in the second round for the debt-ridden firm were opened by its lenders on Monday.
Sep 05, 2018
Facebook and Twitter pledge to defend against foreign intrusion in US Senate Intelligence Committee hearing; Jack Dorsey says he's scrubbing '200% more accounts'Facebook and Twitter executives pledged on Wednesday to better protect their social media platforms in the 2018 elections and beyond, and told Congress of aggressive efforts to root out foreign intrusions aimed at sowing divisions in American democracy.
Sep 03, 2018
Priyanka Chopra's future father-in-law Paul Jonas' real estate company files for bankruptcy, with over $1 mn in debtPriyanka Chopra's future father-in-law Paul Jonas' real estate company is over 1 million dollars in debt, including a $268,000 judgment from a case his company lost.
Aug 28, 2018
Power sector NPAs: Govt and banks may have to float AMC/ARC to resolve crisis, says BofAMLThe BofA-ML analysts estimated the total stressed assets in power sector at $51.6 billion, with banks holding a bulk $36.1 billion and dedicated non-bank lenders like Power Finance Corporation and Rural Electrification Corporation having $15.5 billion