Bankruptcy Code 2016
06 Jun 2018
Know all about the Insolvency and Bankruptcy Code 2016
Insolvency and Bankruptcy Code 2016 is one of the biggest economic reforms adopted by India. It is a rare example of a much-needed law which has witnessed speedy roll-out and implementation.
28 Feb 2018
Troubled telco Aircel files for bankruptcy in NCLT Mumbai
Telecom operator Aircel said it has filed for bankruptcy as it has been facing "troubled times" in "highly financially stressed" industry. The filing was made in National Company Law Tribunal Mumbai.
14 Jun 2017
RBI: 12 mega defaulters, accounting for 25% of NPA, identified
The Reserve Bank of India (RBI) said, its internal advisory committee (IAC) has rounded up 12 accounts, responsible for almost 25% of the non-performing assets (NPAs) problem plaguing the banking system.