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bankruptcy

Court junks Nirav Modi sister’s plea for ED intervention in US bankruptcy matter

Court junks Nirav Modi sister’s plea for ED intervention in US bankruptcy matter

2023-02-13
National
By: SAQIB SHAFI
On: February 13, 2023

[ad_1] Mumbai: A special court on Monday rejected a plea of Purvi Mehta, sister of fugitive diamond trader and PNB scam accused Nirav Modi, seeking a direction to the Enforcement Directorate to intervene in bankruptcy proceedings underway against him in the United States where she has been made a defendant.Continue Reading

Musk calls past 3 months ‘tough’, says ‘had to save Twitter from bankruptcy’

Musk calls past 3 months ‘tough’, says ‘had to save Twitter from bankruptcy’

2023-02-06
National
By: SAQIB SHAFI
On: February 6, 2023

[ad_1] Washington: Twitter and Tesla CEO Elon Musk on Sunday said that the past three months have been “extremely tough” as he “had to save Twitter from bankruptcy” while also fulfilling his duties in Tesla and SpaceX. Taking to his official Twitter handle, Musk said that the microblogging site continuesContinue Reading

Insolvency and Bankruptcy Code impacted startup culture: SC judge

Insolvency and Bankruptcy Code impacted startup culture: SC judge

2023-02-04
National
By: SAQIB SHAFI
On: February 4, 2023

[ad_1] New Delhi: Justice Sanjay Kishan Kaul of the Supreme Court on Saturday said the Insolvency and Bankruptcy Code (IBC) has had a big role to play in India’s new “startup culture” as it created a conducive environment for budding entrepreneurs. Speaking at the Insolvency Law Academy’s inaugural conference onContinue Reading

Sam Bankman Fried’s co-founder gave GOP govs group $500,000 right before bankruptcy

Sam Bankman Fried’s co-founder gave GOP govs group $500,000 right before bankruptcy

2023-02-03
National
By: AdminTNC
On: February 3, 2023

[ad_1] The $500,000 donation from Salame was part of a $28.6 million haul that the association brought in over the last three months of 2022, according to filings with the IRS. That money — coupled with seven-figure donations from GOP mega-donors — fueled its aggressive push to claim the executiveContinue Reading

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