Liquidation

Shell company crackdown: Over one-third of 17 lakh registered firms out of business, only 11.30 lakh active

Out of the total, 5.35 lakh companies were closed down, 1,123 were assigned dormant status, 5,957 were under liquidation and 31,666 were in the process of being struck-off, among others.

Luxury mobile brand Vertu about to shutdown after defaulting in debt payments

Vertu is reportedly shutting down its operation after last-minute attempts to save the struggling luxury phone maker failed.

UBHL winding: Will new provisions facilitate the judiciary in nailing the sinking Mallya ship

In the coming days it will be interesting to see how the judiciary balances the considerations of these new provisions

HC asks Yash Birla: Who made your cook and domestic help directors of your firm?

Coming down heavily on Yash Brila, the judge told him to learn to speak the truth.