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bankruptcy law
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Crypto lender Genesis denies immediate plans to file for bankruptcy
"We have no plans to file bankruptcy imminently. Our goal is to resolve the current situation consensually without the need for any bankruptcy filing," a Genesis spokesperson said
Published on Nov 22, 2022 10:47 AM IST
Reuters | | Posted by Singh Rahul Sunilkumar
Bankruptcy courts await a flood of default filings
In order to provide relief to Covid-19 pandemic-hit companies, the government temporarily suspended the initiation of corporate insolvency resolution processes from March 25, 2020, initially for six months. It was successively extended twice by three months each.
Published on Mar 25, 2021 05:57 AM IST
Rajeev Jayaswal, New Delhi
