NCLAT upholds liquidation of Sintex Plastics- The Week

New Delhi, Apr 21 (PTI) The insolvency appellate tribunal NCLAT has upheld an NCLT order directing liquidation of debt-ridden Sintex Plastics Technology.     A two-member bench of the National Company Law Appellate Tribunal (NCLAT) also rejected the submission of an unsuccessful bidder that NCLT passed an order for liquidation even though its lone CoC member had…

NCLAT upholds liquidation of Sintex Plastics

The insolvency appellate tribunal NCLAT has upheld an NCLT order directing liquidation of debt-ridden Sintex Plastics Technology. A two-member bench of the National Company Law Appellate Tribunal (NCLAT) also rejected the submission of an unsuccessful bidder that NCLT passed an order for liquidation even though its lone CoC member had abstained from voting. RBL Bank…

NCLAT Upholds Sintex Plastics Liquidation: Rediff Moneynews

The National Company Law Appellate Tribunal (NCLAT) has upheld the liquidation of debt-ridden Sintex Plastics Technology, rejecting arguments by an unsuccessful bidder. New Delhi, Apr 21 (PTI) The insolvency appellate tribunal NCLAT has upheld an NCLT order directing liquidation of debt-ridden Sintex Plastics Technology. A two-member bench of the National Company Law Appellate Tribunal (NCLAT)…

Restructuring & Insolvency: Australia (2023)

Contents: General  Legislation  The Corporations Act 2001 (Cth) (the Act) is the primary piece of federal legislation that governs the registration, administration, insolvency and reorganisation of companies incorporated in Australia. The Act prescribes, among other things, the manner to administer and regulate the winding up, liquidation, administration and distribution of assets vested in insolvent corporations…