Tag: Bankruptcy

The Nifty index closed in negative territory for the 5th consecutive week, and in the past, it has closed in negative territory for beyond 5 weeks only in 2 instances—one in 2001 and the second...
A US decision to double tariffs on Indian goods as punishment for ongoing purchases of Russian crude leaves the world’s third-largest oil consumer in a tight spot and its refiners in disarray, but the move...

EPFO can initiate assessment proceedings during liquidation: NCLAT on companies under IBC

The insolvency appellate tribunal has held that there is no bar against assessment proceedings by statutory authorities, including the EPFO, once the liquidation...

European stocks begin 2025 trade with modest gains

European stocks rose on Thursday, the first trading session of 2025, stabilising after a late-year selloff that was driven by concerns about high...

Liquidation of Jet Airways: Are 1.43 lakh retail investors staring at complete losses?

In a major development, the Supreme Court of India has ordered liquidation of the crisis-hit airline Jet Airways as the successful bidder Jalan...

US restaurant chain TGI Fridays files for bankruptcy

Casual American dining chain TGI Fridays filed for Chapter 11 bankruptcy on Saturday in the US state of Texas, a company...

Spicejet: Spicejet faces another insolvency plea from operational creditor; NCLT issues notice

NEW DELHI: The National Company Law Tribunal (NCLT) on Monday issued notice to debt-ridden air carrier SpiceJet over the plea filed by one...

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