insolvency
Finance
This might be a record year as bankruptcies go through the roof: Dhruva Advisors partner
The number of bankruptcies this year could be at least four to five times that of last year owing to ......
Finance
Bankruptcy boom: India added three insolvency professionals and four valuers a day
India’s three-year-old bankruptcy law has not only opened a fast-track path for creditors to recover their debts from defaulters...
Finance
These three sectors account for nearly three-fourths of bankruptcy cases
Ever since India implemented a new bankruptcy law in 2016, creditors have been quick to drag defaulters to various courts ......
Finance
An Indian firm enters bankruptcy every four hours, but that's not the only worrying trend
The number of companies dragged into bankruptcy courts jumped over the last two quarters, as creditors pressed the pedal to ......
Consumer
Another VC-backed company faces bankruptcy
Venture capital-backed companies rarely get entangled in the crosshairs of bankruptcy courts. As startups generally don’t...
Finance
Flashback 2019: Stressed assets remain in focus on rising bankruptcies, new challenges
When everything else fails, pray. At least that’s what State Bank of India chairman Rajnish Kumar seems to believe. “Every...
Consumer
Haldiram's big-ticket move to enter dairy business hits a hurdle
Haldiram Snacks Pvt. Ltd’s plan to acquire a dairy company has run into a roadblock after the insolvent firm’s lenders...
Healthcare
NCLAT sets aside Sterling Biotech liquidation, allows lenders to drop insolvency case
The National Company Law Appellate Tribunal (NCLAT) has set aside a lower court’s order to liquidate Sterling Biotech Ltd...
Finance
Why liquidation framework remains inadequate despite policy push?
Despite recent changes aimed at improving the liquidation process for bankrupt firms, the dissolution framework does not squeeze...
Infrastructure
Why Jet bidders can't pin hopes on loyalty scheme alone to fly carrier again
Jet Airways (India) Ltd’s creditors have dangled the airline’s lucrative loyalty programme to attract buyers, but...
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