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What companies have gone through bankruptcies in the past few years? What got them to that...

What companies have gone through bankruptcies in the past few years? What got them to that point and what is their plan to get out of bankruptcy? Are they better off now?
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Answer #1

Anil Dhirubhai Ambani Group has gone through the bankruptcies in the past few years.

These companies which are very much exposed to the debt and there new business were failed in past lead them to the bankruptcy.

They are trying to book loss and reduce its debt to come out the bankruptcy.

No, ADAG still facing the bankruptcy risk, due to crony capitalism they are still serving.

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