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Bankruptcy

By Market Capitalisation.Net Sales.Net Profit.Total Assets.Excise.Other Income.Raw Materials.Power & Fuel.Employee Cost.PBDIT.Interest.Tax.EPS.Investments.Sundry Debtors.Cash/Bank.Inventory.Debt.Contingent Liabilities. Screen Crit AbrasivesAerospace & DefenceAgricultureAir ConditionersAirlinesAluminium & Aluminium ProductsAmusement Parks/Recreation/ClubAquacultureAuto AncillariesAuto… Read the original article here

Insolvency petition filed against Reliance Home Finance

Bankruptcy

Another Anil Ambani group firm – Reliance Home Finance – is staring at insolvency proceedings after a financial creditor, Invent Assets Securitisation & Reconstruction Private Limited, filed a petition under Section 7 of the Insolvency and Bankruptcy Code, 2016, the company said in an exchange filing on Monday. The petition was filed before the National…

Turkish airline Atlasglobal’s bankruptcy finalized as court ends legal battle

Bankruptcy

Turkish airline Atlasglobal’s bankruptcy finalized as court ends legal battle July 24, 2024 12:24 PM GMT+03:00 Atlasglobal, a prominent Turkish airline, declared bankruptcy in June 2021, officially confirmed by the Supreme Court. While this development marks the end of a significant chapter in Türkiye’s aviation industry, the process has been marked by numerous legal developments…

Why SC quashed JSW’s Rs 19,700 cr insolvency resolution plan for Bhushan Power & Steel

Bankruptcy

Rejecting the company’s request not to overturn the National Company Appellate Tribunal’s (NCLAT) order since it had complied with the resolution plan, Justices Trivedi and Sharma remarked: “A situation of fait accompli cannot be permitted to be created in the court to frustrate the proceedings, more particularly when the corporate insolvency resolution (CIR) proceedings had…

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Bankruptcy

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Bankruptcy

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