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insolvency

News Reports

Modi govt’s Insolvency and Bankruptcy Code is constitutionally valid: Supreme Court rejects petitions challenging the code by Anil Ambani and others

OpIndia Staff -
Supreme Court rejected petitions challenging the Insolvency and Bankruptcy Code and said that it is constitutionally valid
News Reports

All flights of Go First canceled till May 26, how to get refunds and change flights: Details

Shraddha Pandey -
As per an Economic Times report, Go First Airlines is planning to resume its flight operations on May 27, 2023 and has also started training classes for its pilots.
News Reports

Go First files for voluntary insolvency: Here is how a faulty engine by US-based Pratt & Whitney is causing the collapse of an Indian...

Raju Das -
Go First filed for voluntary insolvency before the National Company Law Tribunal blaming "faulty" Pratt & Whitney engines
Editor's picks

Read how Congress sheltered bankrupt companies, while NDA recovered Rs. 80,000 crores from just 66 resolution cases

Dhairya Roy -
In 66 resolution cases, the realization by creditors was around Rs. 80,000 crores.
Economy and Finance

Insolvency and Bankruptcy Code Impact : Another Industrialist finds the money to clear dues

OpIndia Staff -
Jaypee Infratech makes attempt to save its debt-ridden company from insolvency proceedings.
Economy and Finance

Insolvency and Bankruptcy Code has led to recovery of Rs. 3 lakh crores of stressed assets in 2 years

OpIndia Staff -
More than 9,000 cases have come for redressal under the Insolvency and Bankruptcy Code (IBC) after it became fully operational in December 2016.
Editor's picks

As ArcelorMittal gears up to clear Rs. 7,500 crores due to SBI, Modi’s IBC sends a clear message: Pay up or shut shop

Abhishek Banerjee -
Modi sarkar is moving the country from crony capitalism to a rule-based regime, the foundation of any first world country
Economy and Finance

Modi’s IBC is making defaulters pay back Rs 1.1 lakh crore and Congress is bound to be unhappy

Abhishek Banerjee -
In recent weeks, we have seen one naamdar and his numerous minions in the ecosystem making all sorts of allegations
Economy and Finance

Fearing action through Insolvency and Bankruptcy Code, defaulters pay up Rs 1.1 lakh crores

OpIndia Staff -
Finance minister Arun Jaitley called it a success of IBC, as they aimed at recovering 1.8 lakh crore this fiscal year.
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