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Saturday, March 14, 2026
TopicBankruptcy

Topic: bankruptcy

Hasan Nawaz Sharif goes bankrupt in London. PTI supporters say ‘check Swiss bank accounts’

The son of former Pakistan prime minister Nawaz Sharif has been declared bankrupt by the High Court of Justice in London over unpaid tax liabilities.

Insolvency and Bankruptcy Board of India celebrates 8th Annual day

Former Justice Ramalingam Sudhakar was the Chief Guest and G20 Sherpa Amitabh Kant delivered a lecture at the celebrations.

Cosmetics giant The Body Shop files for bankruptcy, closing all US stores and dozens of Canadian locations

The Body Shop, founded in 1976 by human rights activist and environmental campaigner Anita Roddick, as one of the first companies to prohibit testing on animals for many of its products.

NCLAT upholds insolvency proceedings against cash-strapped Go First

National Company Law Tribunal will decide whether lessors who terminated their leases before the bankruptcy proceedings began can repossess their aircraft.

Vice Media files for bankruptcy as ad business suffers

The bankruptcy filing is a fallout of a challenging period for many tech & media companies that have been cutting costs to survive a weak advertising market amid slowing economic growth.

Cash-strapped Go First airline gets bankruptcy protection, NCLT orders moratorium on leases

This is the first time an Indian airline has voluntarily sought bankruptcy protection to renegotiate contracts and debt.

NCLT to decide on Go First bankruptcy, lessors seeking planes fear impact

If the tribunal admits Go First's plea, it will lead to the appointment of a new resolution professional who will take over management to revive the airline run by Wadia Group.

Go First crisis could drive up airfares, be ‘silver lining’ for rival airlines

As aviation stocks soar after Go First's 'surprise' decision to file for bankruptcy, experts say move expected to significantly benefit other players such as Indigo, SpiceJet & Air India.

Go First customers, employees left in the lurch as flights remain grounded

Twitter handle of airline shows a flood of queries related to status of flights from 6 May onwards as well as refund process & timelines. Employees worried about their future.

IndiGo shares surge over 8% after smaller rival Go First files for bankruptcy

Cash-strapped airline Go First filed for bankruptcy on Tuesday, blaming ‘faulty’ Pratt & Whitney engines for grounding of about half its fleet and taking lenders by surprise.

On Camera

Menstrual leave doesn’t work in ‘real world’. And that real world is designed by, for men

When a woman menstruates, when/if she decides to marry, when/if she decides to have kids, should not be factors when looking at a woman’s potential from a hiring standpoint.

US strike on Iran’s key oil export island Kharg raises fears of wider supply disruption

President Trump said the US had bombed military targets on Kharg Island in the Persian Gulf, but spared oil infrastructure.

Supreme Leader Mojtaba, the man Iran must keep alive & the secret force ‘tasked with it’—all about NOPO

The Nirouyeh Vijeh Pasdaran Velayat, or NOPO, was the only force Ali Khamenei trusted.It was founded in 1991 and is more feared than the Revolutionary Guards.

Peaceful power transfers followed uprisings in India’s neighbourhood. It’s a sign of mature democracies

Rating democracies is a tricky business. I am only using the simple metric of who in the Indian subcontinent has had the most peaceful, stable, normal political transitions and continuity.