Banks can flag fraud despite IBC shield: NCLTThe National Company Law Tribunal (NCLT) has ruled that a moratorium under the IBC doesn't prevent banks from classifying accounts as fraud...
Taxmen defy 'clean slate' rule, hit insolvent firms with fresh demandsDespite the IBC's 'clean slate' provision and court rulings, tax authorities are levying fresh tax demands on companies emerging from insol...
JSW Energy to await CCI clearances before acquiring KSK Mahanadi Power following SC rulingJSW Energy is awaiting clearances, including CCI approval, before proceeding with its acquisition of KSK Mahanadi Power. The Supreme Court'...
NCLT rejects JM Financial Asset Reconstruction's plea in Arch Pharmalabs case...The National Company Law Tribunal dismissed JM Financial Asset Reconstruction's application to intervene in an insolvency resolution applic...
Court accepts plea to dissolve CG Power SolutionsThe tribunal had also allowed the lenders' plea to pursue recovery against the erstwhile promoters under the bankruptcy laws even after the...
NCLT directs EPC liquidator to include I-T dept's delayed claimLast year, the state tax department moved the Mumbai bench of NCLT seeking to allow a delay of 92 days in filing the claim with the company...
From 'Goat' to 'The China Hustle': 5 incredible films to add to your watch listThis month's off-the-grid streaming suggestions are an even more eclectic mix than usual.
Sterling Biotech's liquidator invites fresh bids to attract more buyersFresh bids have been called to attract more buyers with a new clause that the successful bidder will now have to pay only 20% of the final ...
Jury is still out on whether bankrupt companies be allowed to trade on boursesRetail shareholders are often at the losing end of bankruptcy resolutions at companies. Among other recent examples, hundreds of thousands ...
Time to bid adieu: 'How to Get Away with Murder' to air its series finale on May 14'How to Get Away' has been praised for its on-screen inclusivity.
BTS tops Billboard 100 list: How K-pop helped Korea improve its economyK-pop has brought Korea into the spotlight, not for technological excellence, but for a cultural reason.
Indian-American groups to protest against PM Narendra Modi's US visitAhead of Prime Minister Narendra Modi's visit to the US next week, several Indian-American groups have decided to stage protest rallies aga...