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IBBI Enhances Liquidation Process for Transparency & Efficiency: Rediff Moneynews

The Insolvency and Bankruptcy Board of India (IBBI) has amended regulations to improve the liquidation process, including streamlined auctions, enhanced reporting, and improved fund management. New Delhi, Feb 3 (PTI) The Insolvency and Bankruptcy Board has amended regulations on liquidation process to streamline the auction procedure, improving reporting requirements, and ensuring better fund management. The…

IBBI changes liquidation process norms to strengthen transparency, efficiency

New Delhi, Feb 3 (PTI) The Insolvency and Bankruptcy Board has amended regulations on liquidation process to streamline the auction procedure, improving reporting requirements, and ensuring better fund management. The amendments, notified on January 28, 2025, with immediate effect, modify the Insolvency and Bankruptcy Board of India (Liquidation Process) regulations, 2016, and the Insolvency and…

Electric Delivery Company Zedify Goes Into Administration

Zedify, the UK’s largest electric freight bike delivery network, has gone into administration, resulting in the loss of over 100 jobs. Zedify, founded in 2015, provides zero-emission last-mile logistics services to businesses such as high-street stores, package carriers, and independent businesses. The investment came after Zedify received a £5 million funding round in March 2023…