The corporate borrower has a mining lease at Patmunda Manganese Mines, which helps the company being run as a “going concern”, a key factor...

IDBI Bank dragged the company to the National Company Law Tribunal as it failed to repay more than Rs 32 crore loans taken to set up a floa...

IDBI Bank dragged the company to the National Company Law Tribunal as it failed to repay more than Rs 32 crore loans taken to set up a floa...

“There is a growing tendency among employees and workers to save their companies going into liquidation,” said Manoj Kumar, partner, M&A-in...

For the first time under Insolvency and Bankruptcy Code, the dedicated bankruptcy court has mandated to liquidate the company as an “on-goi...

Judges Jinan KR and VP Singh ordered deputy general manager to be present before the bankruptcy court

This was one of first few cases admitted by NCLT since the incorporation of the dedicated bankruptcy courts.

The smartphone maker is going through a major transformation after missed targets prompted a bout of soul-searching by billionaire co-found...

The high-profile trial of disgraced top Communist Party leader Bo Xilai has demonstrated China's determination to combat corruption in high...

Disgraced Chinese leader Bo Xilai today said he had not acted to stop the embezzlement of government funds by his wife.

Bo Xilai, charged with bribery, corruption and abuse of power, will be put on "open trial" on August 22, state media said.