Moratorium under IBC would override FEMA provisions: HC

Kolkata: Observing that the Insolvency and Bankruptcy Code (IBC) prohibits initiation of suits or continuation of pending suits or proceedings against the corporate debtor following the initiation of Corporate Insolvency Resolution Process (CIRP), Calcutta High Court quashed notices issued by the Enforcement Directorate (ED) under the Foreign Exchange Management Act (FEMA) against a Kolkata-based jewellery…

Meet Anil Ambani’s sons, Jai Anmol Ambani and Jai Anshul Ambani, brains behind revival of bankrupt Anil Ambani

Home Viral Meet Anil Ambani’s sons, Jai Anmol Ambani and Jai Anshul Ambani, brains behind revival of bankrupt Anil Ambani, they studied from… Anil Ambani’s both sons Anshul and Anmol are focused on expanding their father’s enterprises while restoring investor confidence. Here’s how they revived bankrupt Anil Ambani. Late visionary entrepreneur Dhirubhai Ambani’s younger son,…