Exclusive | Windsor Holiday Park and Seahaven Residential Park A buyer has been found for two holiday parks in Co Down after the business behind them went into administration, the Belfast Telegraph can reveal. Blackpool Rock, Lifestyle Homes N Ireland, Lifestyle Seeview, Lifestyle Living (NI) and Park Homes (NI) entered insolvency proceedings in December. Read the…
NCLAT rejects BCCI, Riju Raveendran’s plea for settlement in Byju’s insolvency case Times of India Read the original article here
Chennai: The National Company Law Appellate Tribunal (NCLAT) has set aside the appeals filed by the BCCI and Riju Raveendran, brother of Byju Raveendran, seeking withdrawal of insolvency proceedings against Byju’s and to consider the settlement between the beleaguered edtech company and the BCCI. They had challenged the order passed by the Bengaluru bench of…
They had challenged the order passed by the Bengaluru bench of the National Company Law Tribunal, which had on February 10, 2025 directed to place their settlement offer before the new Committee of Creditors (CoC), in which US-based Glas Trust, the trustee for lenders to which Byju’s owes USD 1.2 billion, is a member. Last…
Digital financial services platform Nubank has announced the launch of Recomeço, a campaign aimed at supporting Brazilian customers in renegotiating their overdue payments. Through this move, Nubank intends to assist customers who have overdue payments in renegotiating their debts, in turn enabling them to have a healthier financial journey. The initiative highlights the company’s commitment…
FILE PHOTO: Byju’s | Photo Credit: Dado Ruvic The National Company Law Appellate Tribunal (NCLAT) has set aside the appeals filed by BCCI and Riju Raveendran seeking withdrawal of insolvency proceedings against Byju’s and consider the settlement between the debt-ridden edtech firm and the apex cricket body. They had challenged the order passed by the…
By ASHLEY NICKEL FOR DAILY MAIL AUSTRALIA Published: 16:37 AEST, 16 April 2025 | Updated: 18:45 AEST, 16 April 2025 Wittner – one of Australia’s leading footwear brands – has gone bust after more than 100 years in business. The iconic women’s shoe company, established in 1912, has over 20 branded stores in Australia and…
NCLAT dismisses appeals by BCCI and Riju Raveendran seeking withdrawal of insolvency proceedings against Byju’s, upholding the NCLT order that requires settlement approval from the Committee of Creditors. New Delhi, Apr 18 (PTI) The National Company Law Appellate Tribunal (NCLAT) has set aside the appeals filed by BCCI and Riju Raveendran seeking withdrawal of insolvency…
One year on from the Corporate Insolvency and Governance Act 2020 Ashurst Read the original article here
The National Company Law Appellate Tribunal (NCLAT) New Delhi bench of Justice Ashok Bhushan (Judicial Member), Mr. Arun Baroka (Technical Member) and Mr. Barun Mitra (Technical Member) has held that while deciding an application under Section 9 of the Insolvency and Bankruptcy Code, 2016 (Code), the Adjudicating Authority cannot presume the applicability of interest based…