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Total 881 results found. Search for [ bankruptcy court ]

Results 1 to 21 of 881
BusinessToday.In
April 15, 2021
SsangYong had defaulted on a loan payment worth 165 billion won (US$148 million) on December 21, 2020, following which it applied for court receivership. However, the company was given three months to secure funds after saying it was in talks with US-based HAAH


BusinessToday.In
March 26, 2021
BPSL has an integrated steel unit with liquid steel capacity of more than 2.5 million tonnes per annum in Jharsuguda, Odisha.


BusinessToday.In
March 24, 2021
The government is unlikely to extend the suspension further as a return to normalcy is needed, and Finance Minister Nirmala Sitharaman is considering a proposal for the same.


BusinessToday.In
March 23, 2021
A Supreme Court bench ruled that it cannot direct the government or the central bank to announce particular financial relief or packages, nor can it ask relief for particular sectors


Rashi Bisaria
New Delhi, March 23, 2021
Increase gap between 2 doses of Covishield to up to 8 weeks: Centre tells states The government has asked state and union territory governments to increase the gap between two doses of Serum Institute's vaccine Covishield to 6-8 weeks, instead of the practiced interval of 4-6 weeks. The Centre said that immunity is enhanced if the second dose is administered after a gap of 6-8 weeks instead of the current gap of 28 days. The decision was taken on the basis of recommendations by two expert p...


Nevin John
March 23, 2021
Cash-strapped Future Group is trying to expedite the deal with Mukesh Ambani-led company and save the retail chain -- which includes brands like Big Bazaar, FBB, Central, Easyday and Brand Factory


Dipak Mondal
March 16, 2021
The apex court said that a promoter, who is barred from bidding for his company undergoing insolvency proceeding, cannot also take control of the company back by using the provision of 'scheme of arrangement' under Section 230 of the Companies Act


Nevin John
March 13, 2021
In the insolvency and bankruptcy proceedings, JSW Steel had proposed to repay Rs 19,350 crore to the BPSL lenders against their claims of Rs 48,000 crore


PTI
March 2, 2021
The top court did not extend the benefit of moratorium on judicial proceedings in cheque bounce cases to directors or signatories of cheques of such firms, saying criminal cases would continue against \"natural persons\"


PTI
February 8, 2021
High Court in London grants access to around 1.1 million pounds from court-held funds to meet living expenses and legal costs to Embattled liquor tycoon Vijay Mallya


Prasanna Mohanty
February 7, 2021
At 21% recovery, IBC has performed worse than UPA-era debt recovery mechanisms panned for inefficiencies. The idea of a bad bank is also likely to fail if political interference and poor bank governance continue


Ajita Shashidhar
February 5, 2021
Over 50 per cent of the food and grocery merchandise at the Future Retail stores are being supplied by JioMart, and the deal is an extended credit period


BusinessToday.In
February 2, 2021
IMF's report had said that aggressive policy measures amidst the pandemic helped prevent worse outcomes during the recession.


Anand Adhikari
February 1, 2021
Budget 2021 news: Currently, the banks have gross NPAs of around 7 per cent which is expected to rise to 15 per cent by September this year if the situation deteriorates


Nevin John
January 25, 2021
The acquisition of BPSL will increase the debt of JSW Steel which stood at Rs 51,793 crore as on December 31. \"However, once the acquisition is done, there will be incremental EBITDA from the company


BusinessToday.In
New Delhi, January 20, 2021
India's crude oil imports in December soared to the highest levels in nearly three years to more than 5 million barrels per day; The Supreme Court has dismissed the homebuyers' plea against the threshold introduced in the Insolvency and Bankruptcy Code (IBC); Joe Biden, in his maiden address to the nation soon after being sworn in as the 46th President of the United States, would deliver a forward-looking speech built around the theme of unity. Watch this and more on News Blast.Also Read: US President Joe Biden to extend COVID-19 travel restrictions to Europe


Rashi Bisaria
New Delhi, January 20, 2021
India's oil imports reach 3-year high in Dec 2020 at 5 million bpd India's crude oil imports in December soared to the highest levels in nearly three years to more than 5 million barrels per day (bpd) as its refiners cranked up output to meet a rebound in fuel demand, data from trade sources showed. India's year-end rush for crude supplies coincided with stronger demand from north Asian buyers during winter, boosting prices and an accelerating de-stocking of floating storage globally. SC ...


Dipak Mondal
January 19, 2021
The threshold is the requirement that there should be at least 100 allottees or 10 per cent of the total allottees, whichever is less, to support an insolvency application against a real estate project


BusinessToday.In
January 17, 2021
Acting on a petition by Pune-based RTI activist Vihar Durve, the panel directed the central agency to cite regulations under which look out circulars were issued in October and November, 2015


BusinessToday.In
January 1, 2021
If the deal goes through, the new investor will have control of SsanYong, with Mahindra holding only 30 per cent or less stake; otherwise the former goes into court receivership and its management is taken over by the court


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