Tag: Bankruptcy

Trump administration is reportedly mulling a trade deal in which India will likely face tariffs of less than 20%. India-US trade deal: US President Donald Trump on Tuesday said that America is working on...
Mumbai: The Reserve Bank of India's (RBI) liquidity draining operation saw muted response from banks, leading to under-subscription in the second such auction in a row. The three-day variable rate reverse repo (VRRR) auction was...

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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