Tag: Bankruptcy

In the last four decades, video games have evolved from simple pixel art to vast digital worlds that rival Hollywood films in scope and storytelling. Yet, despite their cultural impact, many of these games are vanishing...
The Ministry of Road Transport and Highways will now impose penalties on contractors if more than one accident occurs in a year on a specific stretch of National Highway built under the build-operate-transfer...

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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