In a landmark ruling, the Supreme Court upheld the constitutional validity of the personal guarantor provisions found in the Insolvency and Bankruptcy Code (IBC). This opens the door for lenders to pursue recovery against individuals such as Kishore Biyani of Future Retail, Venugopal Dhoot of Videocon Industries, and Anil Ambani of ADA Group. ET explains how the sequence has implications
Northern Arc Capital IPO subscribed 2.87 times on Day 1. Check GMP, other details
Northern Arc Capital’s IPO, which opened for subscription on Monday, saw strong demand, especially from retail investors. The IPO was subscribed 2.87 times on the