GFG mill in Australia enters bankruptcy process – Recycling Today
GFG mill in Australia enters bankruptcy process Recycling Today Read the original article here
Applications Filed For “Fraudulent & Wrongful Trading” Carried On By Corporate Debtor Can’t Be Termed As “Avoidance Applications” Under IBC
The Supreme Court held that the Applications filed in respect of “Fraudulent and Wrongful trading” carried on by the Corporate Debtor (CD) cannot be termed as “Avoidance Applications” under the Insolvency and Bankruptcy Code, 2016 (IBC). The Court held thus in a batch of Civil Appeals in which one of the Appeals was filed by…
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Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently…
Land Sold by Third Parties to Corporate Debtor Cannot be Held Liable u/s 66 of IBC
An application under Section 66 of IBC may be maintainable against the persons who were responsible for the management of the corporate debtor The National Company Law Tribunal (NCLT), New Delhi bench has held that third parties who sold land to the Corporate Debtor cannot be said to fall within the ambit of expression “any…
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To use this website, cookies must be enabled in your browser. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently making requests to websites without cookies that had previously been set. This appears to be a…
Brindabella Christian College to close Norwest campus after voluntary administration decision
The troubled Brindabella Christian College will close one of its campuses from Friday next week, after it was put under voluntary administration last month by Deloitte. A spokesperson for Deloitte said administrators decided to “consolidate” BCC’s two campuses, with Norwest students joining the Lyneham campus for at least Term 2 of 2025. “A total of…
Liquidator Must Not Restrict Sale of Corporate Debtor’s Assets Through Private Sale to Single Buyer,Should Attract Multiple Buyers
The Tribunal reaffirmed that the IBC is meant to be a method for resolving the Corporate Debtor, not a procedure for collecting debt The National Company Law Tribunal (NCLT) Mumbai bench has held that the Liquidator must not restrict the private sale to a single buyer but should strategize to attract the maximum number of…
Troubled Perth builder Inspired Homes enters administration
Home building client David Daff says he is elated after the Perth company that left him waiting well past his scheduled completion date announced it had gone into administration. Inspired Homes’ move into voluntary administration will allow customers with long-overdue building projects to access funds and employ new builders. Mr Daff, who signed on with…
Jurisdiction for Group Insolvencies – ResearchGate
Jurisdiction for Group Insolvencies ResearchGate Read the original article here
Provisional judgments and illiquidity in Germany – key insights from a recent case – Taylor Wessing
Provisional judgments and illiquidity in Germany – key insights from a recent case Taylor Wessing Read the original article here