IBBI removes sale of company as going concern in liquidation; now only asset sales allowed, shifting focus strictly to terminal liquidation process. Illustrations: Dominic Xavier/Rediff The Insolvency and Bankruptcy ...
Bitcoin slipped under the $115,000 mark today, erasing part of its recent record-breaking surge as a sudden liquidation wave swept through the crypto market. More than half a billion ...
The National Company Law Tribunal (NCLT) on Monday ordered the liquidation of Go First, the budget carrier that stopped flying nearly three years ago after being bogged down by ...
Lenders of bankrupt airline Jet Airways, led by the State Bank of India (SBI), on Thursday told the Supreme Court that successful bidder Jalan Kalrock Consortium (JKC) was “unwilling” ...
Future Retail, once the crown jewel of Kishore Biyani-led Future Group, is now heading for liquidation as its lenders could not get any reasonable buyer of the debt-ridden firm. ...