Mallya receives fresh blow as judge denies appeal to dismiss bankruptcy proceedings

Jan 13, 2021

London [UK], January 13 : The UK High Court today refused an appeal by the fugitive businessman Vijay Mallya to dismiss the bankruptcy petition...

EV unit of China's Evergrande Group struggles with bankruptcy

Aug 08, 2024

The China Evergrande New Energy Vehicle Group (CENEVG), an electric vehicle production of Chinese Evergrande Group revealed that previously they had initiated talks with...

Sri Lanka could go bankrupt this year as inflation rises to record levels: Report

Jan 09, 2022

Colombo [Sri Lanka], January 9 : Sri Lanka is facing a deepening financial and humanitarian crisis that could lead it to bankruptcy in 2022...

PNB reports Rs 3,689 crore exposure to DHFL as fraud

Jul 10, 2020

New Delhi [India], July 10 : Government-owned Punjab National Bank (PNB) has reported a fraud of Rs 3,688.58 crore in the non-performing asset (NPA)...

UK High Court refuses to release money for Vijay Mallya

Jan 13, 2021

London [UK], January 13 : Fugitive businessman Vijay Mallya has been denied access by a UK court to a significant chunk of his cash...

Parliament: Bill to amend Insolvency and Bankruptcy Code, 2016 to be introduced in LS today

Jul 26, 2021

New Delhi [India], July 26 : As the Lok Sabha is all set to resume proceedings on Monday two days after the house was...