Business  /  Published 18.03.23

SVB seeks bankruptcy protection

The move to commence bankruptcy proceedings comes as emergency measures to shore up confidence have so far failed to dispel worries about a financial contagion...
By Reuters in Bangalore

Business  /  Published 17.03.23

SVB group seeks protection

Financial stocks have lost over billions of dollars in value since the collapse of Silicon Valley Bank and Signature Bank last week...
By Reuters

Business  /  Published 17.03.23

No shield for cheque chuck

Under Section 14 of IBC code, it will not insulate signatory to such dishonoured cheque from criminal prosecution under Section 138 of the Negotiable Instruments Act...
By Our Legal Correspondent in New Delhi

Business  /  Published 10.03.23

Government invites applications for ED post at IBBI

The interested candidates must have an educational qualification of MBA with specialization in law or finance or economics or accountancy...
By PTI in New Delhi

Business  /  Published 11.02.23

McLeod dragged back into bankruptcy

This is the second instance in less than two years when the tea planter is being admitted for CIRP...
By Sambit Saha in Calcutta


Business  /  Published 31.01.23

US court dismisses Johnson & Johnson bankruptcy bid

A unit of the pharmaceutical giant sought bankruptcy protection after facing 40,000 lawsuits over cancer-causing talc...
By Deutsche Welle

Business  /  Published 16.01.23

Competition bill on table

Discussions are going on with respect to amendments to Insolvency and Bankruptcy Code (IBC) as well as Companies Act, 2013...
By PTI in New Delhi

Business  /  Published 22.12.22

Crypto poses crisis risk

Central bank’s demand for complete ban as such instruments do not have any underlying value and are speculative in nature...
By Our Special Correspondent in Mumbai

Business  /  Published 19.12.22

Insolvency rule changes on way

Senior govt official says consultations are going on with various stakeholders and changes are expected to be finalised in coming weeks...
By PTI in New Delhi

Business  /  Published 27.11.22

Pramod Mittal’s debt deal revoked

The businessman is disappointed with the decision and intends to appeal...
By Reuters in London


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