The Orissa High Court ruled that a company director will face a criminal case for failing to deposit Rs 15 lakh deducted from employee sala...

A new Creditor-initiated Insolvency Resolution Process (CIIRP) aims to expedite debt resolution, allowing financial creditors with 51% debt...

A boiler explosion at Vedanta’s Singhitarai power plant in Chhattisgarh’s Sakti district killed 11 workers and injured 22 others on Monday....

A U.S. startup's bid to remove a Chinese investor from its board was rejected by a national security watchdog. A lobbying firm connected to...

In the Lok Sabha, Nirmala Sitharaman said the Fugitive Economic Offenders Act (FEOA), 2018 was enacted to deter economic offenders from eva...

Thousands of homebuyers are facing distress as builders declare insolvency, leaving projects incomplete. Uttar Pradesh BJP MP Laxmikant Baj...

Donut chain files Chapter 11 bankruptcy as Jack’s Donuts of Indiana Commissary seeks court protection. The company owes over $14 million to...

FTX attorney James Bromley at Monday's hearing told Judge John Dorsey, who is overseeing the crypto exchange's Chapter 11 case, that the pr...

The U.S. Department of Justice's bankruptcy watchdog has urged U.S. Bankruptcy Judge John Dorsey, who is overseeing FTX's Chapter 11, to ap...

FTX says an examiner would merely duplicate work already being done by FTX, its creditors, and law enforcement agencies.

FTX acknowledged "fraud, dishonesty, incompetence, misconduct, mismanagement, and irregularity" in its past conduct, but said that its prev...

The DOJ's Office of the US Trustee said in a filing in Delaware bankruptcy court that it did not question John Ray's competence or earnestn...

The court said several conversations were held between the US court representative, and officials of PNB and the ministry of corporate affa...

The Bankruptcy Court for the Southern District of New York has appointed Alvarez & Marsal to conduct an inquiry into the PNB fraud.

IFC’s petition was filed under Section 65 of the Insolvency and Bankruptcy Code, which covers “fraudulent or malicious” initiation of bankr...

The court said probe has to be carried out before deciding on bankruptcy proceedings against Modi’s companies Firestar Diamond Inc, A Jaffe...

The Walt Disney Co is demanding an investigation into the actions of directors at Lehman Bros Holdings Inc leading up to its collapse last ...