Insolvency cases: SS Mundra says firms free to move higher courts – Deccan Chronicle

Mumbai: With some large stressed firms challenging RBI’s directives to banks to initiate proceedings against them under the Insolvency and Bankruptcy Code (IBC) in high courts, Reserve Bank deputy governor SS Mundra on Wednesday said nobody can be prevented from approaching the judiciary. Last week, the Gujarat High Court had dismissed Essar Steel’s plea against…

In times of deepening jobs crisis, a bankruptcy law for individuals is an urgent need – Firstpost

Whats common for Micheal Jackson, Mike Tyson, Donald Trump, Nicolas Cage and Willie Nelson? Apart from being hugely successful, all have filed for bankruptcy either in personal or business capacity at least once in their lifetime. Unlike in India, bankruptcy and insolvency law has been around in the US for last 200 years or so. In India, it…

Surge in personal injuries claims as 22000 cases hit the courts last year – Independent.ie

Justice Minister Charlie Flanagan and Chief Justice Susan Denham at the launch of the annual report of the Courts Service at Phoenix House in Dublin yesterday. Photo: Gareth Chaney Surge in personal injuries claims as 22,000 cases hit the courts last year Independent.ie The courts have experienced an explosion in personal injuries claims, new figures…