Bankruptcy Order
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US CFTC Orders Fallen Crypto Exchange FTX to Pay $12.7 Billion to Customers
- Friday August 9, 2024
- Reuters
The CFTC agreement resolves a potential roadblock to that repayment, ensuring that the government's lawsuit against FTX will not reduce the funds available to its customers. The CFTC agreed not to collect any payment from FTX until all its customers are repaid, with interest.
- www.gadgets360.com
-
Ex-New York Mayor Rudy Giuliani Files For Bankruptcy
- Friday December 22, 2023
- World News | Agence France-Presse
Rudy Giuliani, Donald Trump's former personal lawyer, filed for bankruptcy on Thursday, just days after being ordered to pay $148 million in damages for defaming two Georgia poll workers.
- www.ndtv.com
-
FTX’s Sam Bankman-Fried Denies Allegations of Witness Tampering, Accepts Gag Order
- Monday July 24, 2023
- Reuters
Lawyers for FTX founder Sam Bankman-Fried rejected prosecutors' claims that his discussions with a New York Times reporter amounted to witness tampering but agreed to accept a gag order, they said in a letter to the judge in the criminal fraud case.
- www.gadgets360.com
-
2 More Aircraft Lessors Approach Tribunal Against Go First's Insolvency
- Thursday May 11, 2023
- Business | Press Trust of India
Two more aircraft lessors -- GY Aviation and SFV Aircraft Holding -- on Thursday moved appellate tribunal NCLAT against the order passed by the NCLT allowing Go First's voluntary plea to initiate insolvency proceedings.
- www.ndtv.com/business
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FTX's Sam Bankman-Fried Denied Bail in the Bahamas, Chances of Extradition to the US Increased, Experts Say
- Wednesday December 14, 2022
- Reuters
FTX's Sam Bankman-Fried was denied bail in the Bahamas on Tuesday, and the judge ordered the former CEO to be held at the Bahamas Department of Corrections until at least February 8. The failure to secure his release on bail has increased the chance that Bankman-Fried could be extradited to the US to faces charges of fraud, according to legal exper...
- www.gadgets360.com
-
NCLT Rejects Amazon’s Objections, Orders Insolvency Proceedings Against Future Retail
- Wednesday July 20, 2022
- Press Trust of India
The National Company Law Tribunal (NCLT) has ordered insolvency proceedings against Future Retail under the Insolvency and Bankruptcy Code (IBC). The tribunal also rejected objections raised by Amazon claiming that any bankruptcy proceedings at this stage would compromise the e-commerce company's rights.
- www.gadgets360.com
-
Vijay Mallya Pursues Reversal Of Bankruptcy Order In UK
- Tuesday June 28, 2022
- India News | Press Trust of India
Embattled businessman Vijay Mallya, who is based in Britain for over five years, is pursuing appeals in the UK courts in an attempt to overturn a bankruptcy order imposed on him by the High Court in London in July last year.
- www.ndtv.com
-
Company Law Tribunal Orders Insolvency Proceedings Against National Textile Corporation
- Sunday May 29, 2022
- Business | Press Trust of India
The National Company Law Tribunal (NCLT) has ordered to initiate insolvency proceedings against state-run National Textile Corporation
- www.ndtv.com/business
-
Ssangyong's Acquisition Deal With Edison Motors Falls Through: Report
- Thursday March 31, 2022
- Written by Seshan Vijayraghvan
As per the deal, Edison Motors was supposed to pay 274.3 billion won or Rs. 1716 crore, by March 25 2022, to acquire SsangYong, however its failure to do so has led to the termination of the contract.
- www.carandbike.com
-
Developer Supertech's Rs 432 Crore Default Led To Bankruptcy Order
- Friday March 25, 2022
- India News | NDTV News Desk
The non-payment of around Rs 432 crore in dues led to India's bankruptcy court ordering insolvency proceedings against real estate firm Supertech Ltd, one of the companies of Supertech group, documents showed on Friday.
- www.ndtv.com
-
Vijay Mallya Declared Bankrupt By UK High Court
- Monday July 26, 2021
- India News | Press Trust of India
A British court has granted a bankruptcy order against Vijay Mallya, paving the way for a consortium of Indian banks led by the SBI to pursue a worldwide freezing order to seek repayment of debt owed by the now-defunct Kingfisher Airlines.
- www.ndtv.com
-
Top Court Upholds Centre's Order, Permits Banks To Proceed Against Personal Guarantors Under IBC
- Friday May 21, 2021
- Business | Press Trust of India
Upholding the validity of the notification, the top court ruled that initiation of an insolvency resolution plan for a company does not absolve corporate guarantees given by individuals from paying up the dues to financial institutions.
- www.ndtv.com/business
-
Indian Banks Back In UK Court To Pursue Vijay Mallya Bankruptcy Order
- Saturday April 24, 2021
- India News | Press Trust of India
A consortium of Indian banks led by the State Bank of India (SBI) was back for a High Court hearing in London on Friday in pursuit of a bankruptcy order against embattled liquor tycoon Vijay Mallya, as they attempt recovery of debt from loans paid ou
- www.ndtv.com
-
Vijay Mallya Denied Permission To Appeal In UK Bankruptcy Case
- Wednesday January 13, 2021
- India News | Press Trust of India
Liquor tycoon Vijay Mallya was on Wednesday denied permission to appeal against a UK High Court order refusing to dismiss bankruptcy proceedings brought by a consortium of Indian banks led by the State Bank of India (SBI), in their pursuit of debt related to his now-defunct Kingfisher Airlines.
- www.ndtv.com
-
US CFTC Orders Fallen Crypto Exchange FTX to Pay $12.7 Billion to Customers
- Friday August 9, 2024
- Reuters
The CFTC agreement resolves a potential roadblock to that repayment, ensuring that the government's lawsuit against FTX will not reduce the funds available to its customers. The CFTC agreed not to collect any payment from FTX until all its customers are repaid, with interest.
- www.gadgets360.com
-
Ex-New York Mayor Rudy Giuliani Files For Bankruptcy
- Friday December 22, 2023
- World News | Agence France-Presse
Rudy Giuliani, Donald Trump's former personal lawyer, filed for bankruptcy on Thursday, just days after being ordered to pay $148 million in damages for defaming two Georgia poll workers.
- www.ndtv.com
-
FTX’s Sam Bankman-Fried Denies Allegations of Witness Tampering, Accepts Gag Order
- Monday July 24, 2023
- Reuters
Lawyers for FTX founder Sam Bankman-Fried rejected prosecutors' claims that his discussions with a New York Times reporter amounted to witness tampering but agreed to accept a gag order, they said in a letter to the judge in the criminal fraud case.
- www.gadgets360.com
-
2 More Aircraft Lessors Approach Tribunal Against Go First's Insolvency
- Thursday May 11, 2023
- Business | Press Trust of India
Two more aircraft lessors -- GY Aviation and SFV Aircraft Holding -- on Thursday moved appellate tribunal NCLAT against the order passed by the NCLT allowing Go First's voluntary plea to initiate insolvency proceedings.
- www.ndtv.com/business
-
FTX's Sam Bankman-Fried Denied Bail in the Bahamas, Chances of Extradition to the US Increased, Experts Say
- Wednesday December 14, 2022
- Reuters
FTX's Sam Bankman-Fried was denied bail in the Bahamas on Tuesday, and the judge ordered the former CEO to be held at the Bahamas Department of Corrections until at least February 8. The failure to secure his release on bail has increased the chance that Bankman-Fried could be extradited to the US to faces charges of fraud, according to legal exper...
- www.gadgets360.com
-
NCLT Rejects Amazon’s Objections, Orders Insolvency Proceedings Against Future Retail
- Wednesday July 20, 2022
- Press Trust of India
The National Company Law Tribunal (NCLT) has ordered insolvency proceedings against Future Retail under the Insolvency and Bankruptcy Code (IBC). The tribunal also rejected objections raised by Amazon claiming that any bankruptcy proceedings at this stage would compromise the e-commerce company's rights.
- www.gadgets360.com
-
Vijay Mallya Pursues Reversal Of Bankruptcy Order In UK
- Tuesday June 28, 2022
- India News | Press Trust of India
Embattled businessman Vijay Mallya, who is based in Britain for over five years, is pursuing appeals in the UK courts in an attempt to overturn a bankruptcy order imposed on him by the High Court in London in July last year.
- www.ndtv.com
-
Company Law Tribunal Orders Insolvency Proceedings Against National Textile Corporation
- Sunday May 29, 2022
- Business | Press Trust of India
The National Company Law Tribunal (NCLT) has ordered to initiate insolvency proceedings against state-run National Textile Corporation
- www.ndtv.com/business
-
Ssangyong's Acquisition Deal With Edison Motors Falls Through: Report
- Thursday March 31, 2022
- Written by Seshan Vijayraghvan
As per the deal, Edison Motors was supposed to pay 274.3 billion won or Rs. 1716 crore, by March 25 2022, to acquire SsangYong, however its failure to do so has led to the termination of the contract.
- www.carandbike.com
-
Developer Supertech's Rs 432 Crore Default Led To Bankruptcy Order
- Friday March 25, 2022
- India News | NDTV News Desk
The non-payment of around Rs 432 crore in dues led to India's bankruptcy court ordering insolvency proceedings against real estate firm Supertech Ltd, one of the companies of Supertech group, documents showed on Friday.
- www.ndtv.com
-
Vijay Mallya Declared Bankrupt By UK High Court
- Monday July 26, 2021
- India News | Press Trust of India
A British court has granted a bankruptcy order against Vijay Mallya, paving the way for a consortium of Indian banks led by the SBI to pursue a worldwide freezing order to seek repayment of debt owed by the now-defunct Kingfisher Airlines.
- www.ndtv.com
-
Top Court Upholds Centre's Order, Permits Banks To Proceed Against Personal Guarantors Under IBC
- Friday May 21, 2021
- Business | Press Trust of India
Upholding the validity of the notification, the top court ruled that initiation of an insolvency resolution plan for a company does not absolve corporate guarantees given by individuals from paying up the dues to financial institutions.
- www.ndtv.com/business
-
Indian Banks Back In UK Court To Pursue Vijay Mallya Bankruptcy Order
- Saturday April 24, 2021
- India News | Press Trust of India
A consortium of Indian banks led by the State Bank of India (SBI) was back for a High Court hearing in London on Friday in pursuit of a bankruptcy order against embattled liquor tycoon Vijay Mallya, as they attempt recovery of debt from loans paid ou
- www.ndtv.com
-
Vijay Mallya Denied Permission To Appeal In UK Bankruptcy Case
- Wednesday January 13, 2021
- India News | Press Trust of India
Liquor tycoon Vijay Mallya was on Wednesday denied permission to appeal against a UK High Court order refusing to dismiss bankruptcy proceedings brought by a consortium of Indian banks led by the State Bank of India (SBI), in their pursuit of debt related to his now-defunct Kingfisher Airlines.
- www.ndtv.com