Insolvency And-bankruptcy-board

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NCLT asks Reid & Taylor employees' union to present financial details of Hong Kong-based investor
Business

NCLT asks Reid & Taylor employees' union to present financial details of Hong Kong-based investor

Reid & Taylor India, owned by the Kasliwal family-run S Kumar Group, which is also facing bankruptcy proceedings, owes over Rs 4,100 crore to banks and other lenders.

Govt discusses action plan for operationalising bankruptcy law
Business

Govt discusses action plan for operationalising bankruptcy law

The Code was approved by Parliament as well as notified by the government in May.