Commercial Chapter 11 bankruptcies in US up 54% in August
There were 634 commercial chapter 11 filings registered in August 2023, an increase of 54% the 411 filings registered in...
Day: September 16, 2023
NPA or default no longer only bank’s problem post-IBC: IBBI Chairman
The biggest change the Insolvency and Bankruptcy Board of India (IBBI) has brought in the system is that NPA or...
NCLAT stays insolvency proceedings against Chandigarh-based Ind Swift
Chandigarh-based pharma company Ind Swift Ltd got a major relief after the National Company Law Appellate Tribunal (NCLAT) stayed the...