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.
Category : Search result: US bankruptcy court
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.
Guwahati Lawyers Protest High Court Relocation Plan
Hundreds of lawyers in Guwahati rally against the proposed shifting of the High Court bench to a new location. Massive protests disrupt city traffic as legal fraternity demands government reconsideration.
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.
Justice Surya Kant: Turning Judicial Promises into Performance
Justice Surya Kant's ambitious vision for Supreme Court transformation faces its biggest test - turning promises into tangible judicial reforms that benefit every Indian citizen.
High Court: Evidence Trumps Procedural Errors in Court Martial
Punjab & Haryana High Court delivers landmark judgment affirming that convictions stand if evidence is solid, even with procedural flaws in confession recording. Key ruling for Indian military justice system.
Bombay HC quashes divorce decree for lack of reasoning
In a significant ruling, the Bombay High Court sets aside a Family Court's divorce decision, citing insufficient reasoning and failure to consider crucial evidence. Landmark judgment emphasizes judicial accountability.
Jack's Donuts Files for Chapter 11 Bankruptcy
Popular American donut chain Jack's Donuts has filed for Chapter 11 bankruptcy protection. Learn about the financial challenges, store closures, and future plans for this Indiana-based franchise.
Delhi HC fines litigant ₹1L for court misrepresentation
Delhi High Court imposes heavy costs on a litigant who attempted to mislead the court by misrepresenting himself, marking a strong stance against abuse of legal process.
Defending Supreme Court Vacations: Justice Needs Breaks
Discover why Supreme Court vacations are essential for judicial efficiency and quality judgments, not mere holidays. An in-depth analysis of how breaks sustain India's justice system.
SC transfers judicial officer's hit-and-run case to Delhi
In a significant judicial development, the Supreme Court has transferred the trial of a hit-and-run accident case involving a judicial officer from Punjab to Delhi, citing concerns over fair trial proceedings.
Candy Warehouse Files Bankruptcy Before Halloween Season
Major US candy distributor Candy Warehouse collapses into Chapter 11 bankruptcy just before crucial Halloween season, citing dramatic sales decline and economic pressures.
SC Rejects Centre's Plea Against West Bengal MGNREGA
In a major setback for the Central Government, the Supreme Court has rejected its plea against implementing MGNREGA in West Bengal. The court questioned the Centre's 'selective release' of funds and upheld the Calcutta High Court order.
Supreme Court Won't Pursue Contempt in Shoe-Throwing Case
In an unexpected move, India's Supreme Court declines contempt proceedings against an advocate who hurled a shoe at Chief Justice Gavai, suggesting the incident should 'die a natural death'.
Uncle Nearest Whiskey Faces Bankruptcy Crisis
Uncle Nearest Premium Whiskey, the acclaimed Black-owned spirits company, faces severe financial distress with potential Chapter 11 bankruptcy filing amid mounting debt and legal battles.
SC slams MP High Court over 4-year delay condonation
The Supreme Court issues notice to Madhya Pradesh government after High Court's controversial decision to condone 4.5-year delay in election petition case. Judicial accountability under scanner.
70,000 Execution Petitions Pending in Indian Courts: SC Data
Shocking data from the Supreme Court shows massive pendency of execution petitions across Indian courts, with over 70,000 cases waiting for justice implementation. Discover the crisis in India's legal system and what it means for citizens.
Punjab HC Transfers Registrar Vigilance Kamaljit Lamba
In a significant administrative reshuffle, the Punjab & Haryana High Court has transferred Registrar Vigilance Kamaljit Lamba to Ludhiana. Get the inside story on this unexpected judicial development.
PrimaLend Bankruptcy: Subprime Lending Crisis in India
PrimaLend's shocking bankruptcy filing exposes deepening stress among subprime borrowers in India. Discover how this collapse could trigger wider financial tremors and what it means for the lending industry.
Puerto Rico Utility Bankruptcy Restarts as Board Returns
The Puerto Rico Electric Power Authority's bankruptcy case has been officially reopened after board members returned to their posts, marking a significant development in the territory's ongoing debt restructuring efforts.
Belgian Court Clears Mehul Choksi Extradition Path
In a major development, a Belgian appellate court has dismissed Mehul Choksi's political abduction claims, paving the way for his extradition to India to face trial in the ₹13,000 crore PNB fraud case.
Delhi Court Upholds Charges Against BJP MP Chandolia
A Delhi court has dismissed BJP MP Yogender Chandolia's plea challenging charges of assaulting a police constable, marking a significant development in the high-profile case that has political ramifications.
SC Orders Evidence Save in Mumbai Custodial Death
SC mandates Mumbai authorities to secure all evidence including CCTV footage and medical documents of undertrial who died in custody, raising serious questions about prison conditions.
Vegas VR Arcade Bankrupt After One Year
A massive virtual reality entertainment venue on the Las Vegas Strip has filed for Chapter 7 bankruptcy after operating for only one year, raising questions about the viability of high-tech attractions in prime tourist locations.
Court Backs Trump's Portland Troop Deployment
In a significant legal victory, a federal appellate court has upheld former President Trump's authority to deploy federal forces in Portland, Oregon. US Attorney General Merrick Garland praises the decision that addresses 2020 protest responses.
76 Lawyers Elevated to Senior Advocate Status by Punjab & Haryana HC
In a landmark move, the Punjab and Haryana High Court designates 76 distinguished advocates as Senior Counsel, marking one of the largest elevations in Indian judicial history.
Punjab & Haryana HC Elevates 76 to Senior Advocate Status
In a historic development, the Punjab and Haryana High Court has designated 76 advocates as Senior Advocates, marking one of the largest such elevations in Indian judicial history. Discover the significance and implications of this massive recognition.
Delhi Court Grants Bail in NDPS Case Over Recovery Doubts
In a significant development, a Delhi court has granted bail to an accused in an NDPS case, citing serious doubts about the recovery procedure followed by the police. The court highlighted multiple procedural lapses that compromised the case.
Courts Overrule Censor Board: 5 Film Cases
Discover fascinating cases where Indian judiciary intervened in film censorship, challenging CBFC decisions and shaping cinematic freedom in India.
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