bankruptcy
'Rs 8 lakh crore NPAs may face bankruptcy proceedings by Mar 2019'
NPAs are a big drain on the financial health of banks especially public sector banks.
Insolvency and Bankruptcy Code explained
IBC that was passed in May 2016 replaced three existing laws on insolvency and bankruptcy.
Essar, Bhushan Steels and Electrosteel referred to NCLT for insolvency
Essar Steel, Bhushan Steel and Electrosteel Steel collectively have NPAs worth Rs 1 lakh crore.
Cabinet okays Bill on bankruptcy for banks
Bill to cover financial entities and insurance firms.
Pak govt seeks support to shut down PIA over 'bankruptcy' issue
Abbasi said that there had been lack of discipline and accountability in the Pakistan International Airlines (PIA) in the past.
RBI given more powers to tackle NPAs: Arun Jaitley
President Pranab Mukherjee last night signed ordinance to amend Banking Regulation Act.
Narendra Modi govt notifies new Banking Regulation Act
RBI to issue directions to any banking company to initiate insolvency resolution process in respect of a default.
Indo-US nuclear deal: Westinghouse Electric files for bankruptcy
The firm was to build 6 nuclear reactors in Andhra Pradesh along with state-run NPCIL.
So, how do financial criminals evade laws?
The lack of uniformity between financial systems and regulations allows criminals to participate in these illegal activities
Answers Corp files for bankruptcy to cut $471 million in debt
The company rebranded itself last year as Multiply, a "fan engagement platform" that connects celebrities and their followers.