13 Country Stars Who Went Bankrupt

There’s an old saying that it’s easy to make a million dollars in the music business, but it’s hard to hold on to one dollar. These country stars found that out the hard way when they ended up having to declare bankruptcy. Which Country Stars Have Declared Bankruptcy? The country singers who have gone bankrupt…

Delay in Delivering Reserved Orders Violates IBC’s Mandate for Speedy Resolution: Bombay HC Directs NCLT to Dispose JM Financial’s ₹167 Cr Insolvency Plea [Read Order]

In a recent ruling, the Bombay High Court has pulled up the National Company Law Tribunal (NCLT), Mumbai, for prolonged inaction on a seven‑year‑old ₹167 Cr insolvency petition filed by JM Financial Asset Reconstruction Company Ltd., observing that delays in pronouncing reserved orders defeat the Insolvency and Bankruptcy Code’s mandate of time‑bound resolution. The petition, originally filed in 2019…