
Bankruptcy is a legal proceeding initiated when a person or business cannot repay outstanding debts or obligations. It offers a fresh start for people who can no longer afford to pay their bills. The bankruptcy process begins with a petition filed by the debtor, which is most common, or on behalf of creditors, which is less common. All of the debtor's assets are measured and evaluated, and the assets may be used to repay a portion of the outstanding debt.
Key Points
Bankruptcy is a legal proceeding carried out to free individuals or businesses from their debts.
Creditors still have an opportunity for repayment with the bankruptcy process.
Bankruptcy is handled in federal courts, and rules are outlined in the U.S. Bankruptcy Code.
A bankruptcy will stay on your credit reports for a number of years, making it more difficult to borrow in the future.
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Vikram Sarabhai Library,
Indian Institute of Management Ahmedabad,
Sargam Marg, Vastrapur,
Ahmedabad, Gujarat - 380015
Email: reference@iima.ac.in
Phone: +91-79-7152-4984/90/79/77


Real-Time Market and Execution and real-time pricing for over 5 million securities worldwide, plus extensive historical pricing and stock charts. Providing current and historical financial quotes, business newswires, and descriptive information, research, and statistics on over 52,000 companies worldwide, data on more than 120 indicators for approximately 5,000 publicly-listed companies globally, and increasing coverage every day.
Vikram Sarabhai Library,
Indian Institute of Management Ahmedabad,
Sargam Marg, Vastrapur,
Ahmedabad, Gujarat - 380015
Email: reference@iima.ac.in
Phone: +91-79-7152-4984/90/79/77



Major resource for international arbitration research, comprising primary source material and commentary in the form of books, journals and loose-leafs. Material includes bilateral investment treaty, case law, convention, legislation, model clauses and rule.
- Cases & Awards Over: 12,500 arbitral decisions and proceedings.
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Vikram Sarabhai Library,
Indian Institute of Management Ahmedabad,
Sargam Marg, Vastrapur,
Ahmedabad, Gujarat - 380015
Email: reference@iima.ac.in
Phone: +91-79-7152-4984/90/79/77
- EBSCO: Academic Search Premier
Provides full text for more than 4,600 journals, including 3,900 peer-reviewed titles. PDF back files from 1975 or further are available for well over one hundred journals and all journals can be Search/Browse through A-Z Journal link.
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- EBSCO: Business Source Ultimate
Business Source Ultimate provides full-text academic journals with articles covering all disciplines of business, including Accounting, Finance, Banking, Management Information Systems, Production and Operations Management, Economics, etc. The database includes more than 5072 full-text journals & magazines with 2657 are peer-reviewed titles and all journals and magazine can be Search/Browse through A-Z Journal link.
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- EBSCO eBooks Collection
The Library has subscribed 59 titles on the topics like Medical, Finance, Production & Operations Management, Political Science, Globalization, Political Economy, Banking, Ethnic Studies, Business Economics, Social Science, History, Gender Studies, Probability & Statistic, Industrial & Organizational Psychology, etc.
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- ProQuest eBook Central (Academic Complete)
It contains more than 183,754 book titles from world-renowned publishers and it offers affordable, on-demand access of chapters with short term loans, personal bookshelves that can be shared, notes and highlights, copying/pasting and printing with automatic citations, etc.
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- LexisNexis Academic
LexisNexis covers information on legal, risk management, corporate, government, law enforcement, accounting, and academic markets. It provides over 15,000 business, legal and news, access thousands of newspapers, periodicals, television and radio broadcasts, newswires, blogs, corporate directories, and financial information. News sources like accountancy age, advertising age, Hoover's IPO reports, M & A reports, Monthly industry reviews, etc. Complete coverage of U.S. federal and state courts, Shepard's Citations Service, and access to hundreds of law reviews. LexisNexis Company Dossier Reports access provides comprehensive information on more than 80 million U.S. and international companies, including industry and executive data.
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- Westlaw (Including INDLAW)
The database provides legal information with trusted legal sources, news and business sources from around the world including case law, legislation, law reviews, treatises, and directories organized by topical and jurisdictional libraries, business information and news, including business public records.
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Vikram Sarabhai Library,
Indian Institute of Management Ahmedabad,
Sargam Marg, Vastrapur,
Ahmedabad, Gujarat - 380015
Email: reference@iima.ac.in
Phone: +91-79-7152-4984/90/79/77