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Thursday, December 18, 2025
TopicLiquidation

Topic: Liquidation

SC orders liquidation of grounded air carrier Jet Airways’ assets

New Delhi: The Supreme Court on Thursday exercised its extraordinary constitutional powers and ordered the liquidation of grounded air carrier Jet Airways' assets. A bench...

Defunct assets, robust economy — why cases under IBC are stretching ever longer & yielding less

Data from Insolvency & Bankruptcy Board of India shows time taken to come up with a resolution plan is 2.5 times what it was 4 yrs ago. Recoveries are only about 1/3 of claim amounts.

With over $300 billion in debt, Hong Kong court orders liquidation of China’s Evergrande Group

While court order reportedly has recognition in some parts of China, the question is how far would Chinese courts recognise attempts to seize assets of indebted property developer.

‘Can’t sell ice to Eskimos:’ US fast-food chain Domino’s liquidates pizza business in Italy

Domino’s had entered the Italian market in 2015 through a franchising deal with local company, ePizza SpA. In a country used to thin-crust margheritas, Domino's unsuccessfully marketed pineapple and barbecue toppings.

SC allows ArcelorMittal & NuMetal to bid for Essar provided they clear their dues in 2 weeks

The top court held both firms ineligible under amended Insolvency and Bankruptcy Code but granted them a fresh opportunity.

On Camera

What the key political events of 2025 tell us about Narendra Modi and India’s future

From Operation Sindoor to India-US tensions to the EC controversies, a clear understanding has emerged about where the politics is headed now.

Steady growth rooted in ‘Dravidian model’. How Tamil Nadu more than doubled its GSDP in 10 yrs

RBI Handbook of Statistics shows state’s GSDP has more than doubled in past decade, finishing second behind Maharashtra. It has performed well across health & education parameters as well.

Israel has ‘realised who its real friend is’, eyes defence expansion in India amid arms curbs by others

It is argued that India-Israel ties are moving from buyer–seller dynamic to one focused on joint development & manufacturing partnership, a shift 'more durable' than traditional arms sales.

India’s top airline just handed sarkar the keys. That’s IndiGo’s real ‘crime’

Don’t blame misfortune. This is colossal incompetence and insensitivity. So bad, heads would have rolled even in the old PSU-era Indian Airlines and Air India.