The ministry of corporate affairs and the Insolvency and Bankruptcy Board of India have now begun discussions on putting in place rules to help individuals and partnership firms.

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The islands later between the 2nd century BCE and 9th century CE, came under the governorship of successive indigenous dynasties like; Abhiras, Satavahanas, Vakatakas, Konkam Mauryas and many more.

In the late 13th century King Bhimdev established his kingdom in this area and brought many early settlers to the islands.

It covered an area of 235.1 square kilometer and inhabited over 2 million people in 1951.

The establishment of Indian Institute of Technology was done at Powai in 1958. On 1st May 1960, following Samyukta Maharashtra movement’s protest which left 105 people killed by police firing, Maharashtra City was built and Bombay became its capital.

During the 3rd century BCE, the Maurya Empire gained control of these islands.

They then transformed it into a Hindu and Buddhist centre in culture and religion.

Those behind the bombings according to Mumbai Police were Students Islamic Movements of India and Lashkar-e-Toiba.

Mumbai being a well developed City has attracted many tourists.

Mumbai is also one of the most famous cities in the world.