Wednesday 23 June 2021
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Tag: bankruptcy

Guarantors for loans liable under IBC proceedings: Supreme Court

A bench of Justices L N Rao and S R Bhat upheld the validity of the November 15, 2019 notification issued by the Centre fastening liability of bad debts on corporate guarantors for loans obtained by their companies, which later failed to pay up and went into resolution proceedings under the...

IBC: Versatile Amendment To Benefit MSME

Know the remarkable changes that have been made in the Insolvency and Bankruptcy Code to enable companies tide over the pandemic situation

Anil Ambani: From Status Of Tycoon To Insolvency

Study the career of Anil Ambani, and you will get a classic case of decisions you ought not take as a businessman and time you better utilise

Cambridge Analytica files for bankruptcy in US court

New York: Cambridge Analytica, the political consultancy at the centre of Facebook Inc's privacy scandal, filed for...

US court grants interim stay on debt collection against Firestar Diamond

Washington: A US court today passed an interim order that prevents creditors from collecting debt from Nirav Modi-owned...
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