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...

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

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...

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

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

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

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

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

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

The businessman is disappointed with the decision and intends to appeal...