Jaiprakash Gaur's Legacy Ends in Bankruptcy
At 94, Jaiprakash Gaur watches his life's work collapse as NCLT admits Jaiprakash Associates into insolvency. Read about his rags-to-riches story and ultimate downfall.
Category : Search result: Chapter 11 bankruptcy
Financial creditors surpass operational creditors in IBC cases
India's insolvency code undergoes significant shift as financial creditors now dominate bankruptcy proceedings. Analysis reveals changing creditor behavior and recovery patterns under IBC framework since 2020 threshold change.
IBC Reforms: Biggest Changes in 9 Years Coming
India's Insolvency and Bankruptcy Code undergoes major reforms with cross-border insolvency and faster debt resolution. Parliament to consider revised bill in December session.
Fortnite Zero Hour: India Time & How to Join
Don't miss the Fortnite Zero Hour live event on Nov 29! Get all details on India timings, how to join the Avengers-style showdown, and the Chapter 7 launch.
10 Bills for Parliament Winter Session 2025
Indian government lists 10 crucial bills for Winter Session including Atomic Energy Bill 2025 and Higher Education Commission Bill. Key reforms in nuclear sector, education, and economy await parliamentary approval.
PrimaLend Bankruptcy: Payments to CEO's Firm Halted
US court temporarily stops $350,000 monthly payments from bankrupt PrimaLend to CEO Mark Jensen's firm. Judge to decide legitimacy amid creditor concerns over $286M debt.
IBBI's New Valuation Format Aims to Cut Litigation
IBBI introduces standardized valuation format for distressed assets to enhance transparency and reduce lawsuits. Public feedback accepted until December 10. Learn how this impacts creditors.
Adani Wins Bid for Bankrupt Jaiprakash Associates
Gautam Adani's Adani Enterprises secures creditors' approval to take over bankrupt Jaiprakash Associates, gaining assets worth ₹35,000 crore across cement, power and hospitality sectors.
Adani wins $1.53bn Jaiprakash takeover bid
Adani Enterprises secures creditor approval for $1.53 billion Jaiprakash Associates acquisition, beating Vedanta's higher offer with better payment terms. Key details inside.
Lugano Holdings Files Bankruptcy Amid $500M Liabilities
Lugano Holdings Inc., operator of luxury jewelry boutiques, files for Chapter 11 bankruptcy with over $500 million liabilities after former CEO fraud scandal. Stores remain open during sale process.
SC to Rule on Spectrum Sale in Telco Insolvency Cases
Supreme Court deliberates whether telecom spectrum can be sold during bankruptcy. Government ministries divided as ₹40,000 crore remains stuck in Aircel, RCom cases. Read the full analysis.
US Ice Cream Brands Shut Shops Amid Bankruptcy, Issues
Major US ice cream chains like Dairy Queen and Freddy's face store closures due to Chapter 11 bankruptcy filings and franchisee troubles. Get the full story here.
SC to Rule on Telecom Spectrum Ownership in Bankruptcy
Supreme Court's upcoming decision will determine if telecom spectrum can be liquidated under IBC for lenders to recover dues from bankrupt telcos like Aircel and RCom. Read full analysis.
Kantara Chapter 1 Box Office Day 45: Nears ₹850 Cr
Rishab Shetty's Kantara Chapter 1 continues its box office run, nearing the ₹850 crore global mark. Get the latest collection figures and film achievements here!
Purdue Pharma Wins Bankruptcy Approval in Opioid Case
Purdue Pharma receives court approval for $7.4 billion opioid settlement after Supreme Court intervention. Sackler family to pay $6.5 billion over 15 years in landmark case.
Purdue Pharma $7B Opioid Settlement Gets Court Nod
Federal judge approves Purdue Pharma's bankruptcy plan requiring Sackler family to pay $7 billion and surrender company ownership. Thousands of opioid victims to receive compensation in historic settlement.
China's Household Debt Crisis Impacts 83 Million People
China's household debt crisis deepens with 83 million potentially in arrears. Rising defaults, aggressive collectors, and economic pressures challenge middle-class stability. Read analysis.
Dulquer's Kaantha releases November 14 post Lokah success
Dulquer Salmaan announces Kaantha release date after Lokah Chapter 1's massive 300 crore collection. Exclusive details on Mammootty collaboration and future franchise plans.
Sonder Bankruptcy: Guests Evicted After Marriott Split
Sonder Holdings files for Chapter 7 bankruptcy, terminating its Marriott deal and leaving guests stranded worldwide. A travel nightmare unfolds for customers.
SBI, Govt Clash in SC Over Spectrum Sale in Insolvency
State Bank of India argues spectrum can be sold under insolvency to recover dues, while government maintains it belongs to the state. Supreme Court hearing continues.
Jumanji 3 Final Chapter Announced by Dwayne Johnson
Dwayne Johnson confirms 'Jumanji 3' is in production for a Christmas 2026 release, marking the thrilling conclusion to the global blockbuster franchise.
First Brands Seeks New Invoice Financing After Fraud
Bankrupt auto supplier First Brands Group is reviving invoice financing despite previous fraud allegations. Learn how this move could provide cheaper liquidity.
Kantara Chapter 1 Review: Borrowed Ideas Analysis
An in-depth analysis of Kantara Chapter 1's blockbuster success despite its heavy reliance on borrowed concepts from global cinema and mythology. Discover the film's transparent inspirations.
ICAI Proposes IBC Reforms to Parliament Panel
The Institute of Chartered Accountants of India submits comprehensive recommendations for Insolvency and Bankruptcy Code amendments to strengthen corporate resolution framework.
IBBI Aligns Bankruptcy Code with Anti-Money Laundering Laws
IBBI makes landmark move to integrate bankruptcy proceedings with PMLA, creating powerful new weapon against financial fraud and strengthening India's financial ecosystem.
American Airline's Kenai Aviation Collapses, Halts All Flights
Kenai Aviation, owned by American Airlines, ceases all operations amid financial insolvency. Pandemic-era debt and economic pressures blamed for the airline's dramatic collapse.
Fortnite Chapter 7 Leaked: Release Date & Major Changes
Exclusive leaks reveal everything about Fortnite Chapter 7 - expected release date, battle pass rewards, new weapons, and massive map transformations that will redefine gameplay.
Kantara Box Office: ₹61.1 Crore in 5th Week!
Rishab Shetty's Kantara continues its historic box office run, crossing ₹61.1 crore in fifth week. The Kannada cinematic marvel shows no signs of slowing down.
Fortnite Witch Marge Boss Fight: Complete Guide
Master the Halloween-themed Fortnite battle with our complete guide to locating and defeating Witch Marge. Get essential tips, strategies, and loot details for this spooky boss encounter!
Kantara Nears ₹610 Crore in Global Box Office
Rishab Shetty's Kantara continues its spectacular box office run, approaching ₹610 crore globally despite entering Week 5. Discover how this Kannada cinematic masterpiece maintains steady collections.
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