Liquidation is the process through which a company's operations are brought to an end and its assets are redistributed. This action can occur for various reasons, including bankruptcy, failure to ...

The Insolvency and Bankruptcy Board of India (IBBI) has clarified that the recent amendments to the norms on the liquidation process under the Insolvency and Bankruptcy Code (IBC) will be applicable ...

Otonomy, the hearing loss biotech, announced that it would lay off its entire workforce and begin the liquidation process Monday afternoon. The layoffs are effective as of December 15 and apply to all ...

New Delhi, Jan 7 () A secured creditor cannot sell assets of a company undergoing liquidation process to any person barred from submitting an insolvency resolution plan, as per a new amendment made to ...