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IBC amendments to eliminate ‘fly by night’ real estate developers

Earlier this week, President Ram Nath Kovind gave his assent to promulgate the Insolvency and Bankruptcy Code (Amendment) Ordinance, 2018, which allows home buyers to be recognised as financial creditors under the insolvency proceedings. Jaitley said the changes brought about through the Ordinance will help in formalising the real estate …

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Real Madrid beat Liverpool 3-1 to win Champions League

Karim Benzema struck a bizarre opening goal on 51 minutes before Liverpool, who lost leading scorer Mohamed Salah to injury in the first half, replied through Sadio Mane. Bale replaced Isco on the hour and connected with an outrageous acrobatic effort on 64 minutes to put Real back in front. The …

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