Govt asks PSBs to review top IBC cases every month
[ad_1] New Delhi: The government has directed heads of public sector banks (PSBs) to conduct monthly reviews of the top 20 cases awaiting bankruptcy courts at each of them, financial…
Rudy Giuliani files for bankruptcy days after being ordered to pay $148 million in defamation case – Times of India
[ad_1] NEW YORK: Rudy Giuliani filed for bankruptcy on Thursday, acknowledging severe financial strain exacerbated by his pursuit of Donald Trump false 2020 election claims and a jury’s award of…
SC refuses relief to personal guarantors under bankruptcy code
[ad_1] Mumbai: The Supreme Court did not provide any relief to personal guarantors under the Insolvency and Bankruptcy Code (IBC) in a verdict on Thursday, upholding the validity of key…
Cos have to reveal all cases, says IBBI
[ad_1] New Delhi: Businesses seeking to wind up operations voluntarily under the bankruptcy code will have to reveal all pending litigation and regulatory assessments and ensure that the financial obligations…