IBBI proposes more reforms to streamline real estate insolvency processes
A significant overhaul of India's insolvency and bankruptcy code (IBC) is on the horizon, with a particular focus on real...
Month: November 2024
SC orders liquidation of Jet Airways
The Supreme Court in a pathbreaking judgment dashed all the hopes of revival of the Jet Aiways as it overturned...
Restaurant chain TGI Fridays files Chapter 11 bankruptcy in US
TGI Fridays Inc, the owner and operator of the TGI Friday’s casual dining chain, on 2 November filed voluntary petitions...
Centralized platform — eBKray — to streamline liquidation process, boosts recovery rates
The Insolvency and Bankruptcy Board of India (IBBI) has announced a significant shift in how assets are sold during corporate...
831 loan accounts of PNB involving Rs 1.03 lakh cr under IBC
State-owned Punjab National Bank (PNB) has informed that insolvency resolution process has been initiated in 831 of its loan accounts...