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Govt plans to table Insolvency and Bankruptcy Code Amendment Bill in Budget session phase two; aims faster resolution timelines

The government plans to introduce the Insolvency and Bankruptcy Code (Amendment) Bill, 2025 in the second half of the Budget session beginning March 9, Finance Minister Nirmala Sitharaman said, adding that the parliamentary committee examining the proposed law has already submitted its report.The proposed changes are aimed at further improving timelines and effectiveness of insolvency…

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Border 2 producer Bhushan Kumar responds to Javed Akhtar’s ‘creative bankruptcy’ remark, ‘Sandese Aate Hain was non-negotiable’ | Hindi Movie News

Sunny Deol starrer Border 2 is gearing up for its January 23 theatrical release. However, the film has found itself at the centre of a debate over creativity versus legacy. The controversy erupted after veteran lyricist Javed Akhtar criticised the recreation of classic songs. Producer Bhushan Kumar has now clarified why retaining Sandese Aate Hain…

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India must allow insolvency and bankruptcy to build dynamic risk taking economy pms economic advisory council member sanjeev sanyal.jpg

India must allow insolvency and bankruptcy to build dynamic, risk-taking economy: PM’s Economic Advisory Council member Sanjeev Sanyal

India must allow insolvency and bankruptcy to build dynamic, risk-taking economy: PM’s Economic Advisory Council member Sanjeev Sanyal NEW DELHI: India needs to be comfortable with people and companies going bankrupt, as continuous insolvency and bankruptcy are essential for building a risk-taking and dynamic economy, said Economic Advisory Council to the Prime Minister (EAC-PM) member…

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Founder of one of americas biggest consumer electronics company irobot that has filed for bankruptcy shares what went wrong chinese .jpg

Founder of one of America’s biggest consumer electronics company iRobot that has filed for bankruptcy ‘shares’ what went wrong: Chinese …

US-based iRobot, which was once considered one of America’s biggest consumer electronics companies, filed for bankruptcy last week. Now, Colin Angle, the co-founder and former CEO of the Roomba robot vacuum maker, has revealed what went wrong for the company. Angle claimed that unfair competition from Chinese companies played a major role in iRobot’s recent…

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