The Amabni-led firm claimed that there is no impact or bearing of the NCLT order on the company or any of its subsidiaries. Anil Ambani, Reliance Group chairman, has received a piece of bad news as the NCLT admitted an insolvency plea against his Reliance Infrastructure Ltd. The move came after a plea was submitted…
New financing and product enhancement fuels Sorbet’s growth as demand surges for solutions that allows employees to advance the dollar value of their unused PTO NEW YORK, June 3, 2025 /PRNewswire/ — Sorbet, the leading fintech platform that helps employees access the financial value of their unused Paid Time Off (PTO), today announced a $25…
Since its establishment in 2012, Vinyl Me, Please has been a source of exclusive, limited-edition vinyl records for its members, who pay up to $654 annually for a premium membership, according to a report by John Wenzel of The Denver Post last month. The report discusses a recent turbulent period that began with the March…
In a significant judgment of Muller N.O. and Another v Cultigrain (Pty) Ltd [2025], delivered by the Western Cape High Court on 17 March 2025, the legal consequences of asset dispositions made after the commencement of winding-up proceedings came under scrutiny. Image source: Christos Georghiou from Freepik In this particular case, Wheatcor, the company in…
The Insolvency and Bankruptcy Board of India ( IBBI ) notified Vide Circular No. IBBI/LIQ/74/2024 dated 28.06.2024 extended the time for filing Forms to monitor voluntary liquidation processes under the Insolvency and Bankruptcy Code ( IBC ), 2016. The liquidators were directed to file forms relating to the voluntary liquidation latest by 30.09.2024. Voluntary liquidation…
Leaving Dentons Beijing Dacheng Law Offices, LLP (“大成”) is an independent law firm, and not a member or affiliate of Dentons. 大成 is a partnership law firm organized under the laws of the People’s Republic of China, and is Dentons’ Preferred Law Firm in China, with offices in more than 40 locations throughout China.…
Last days at Hudson’s Bay: Empty shelves and bargain hunters Times Colonist Read the original article here
The National Company Law Tribunal (NCLT) on Tuesday issued notices to electric vehicle (EV) ride-hailing startup BluSmart Mobility Ltd and Gensol Engineering Ltd on three new insolvency petitions by financial creditors over alleged unpaid dues. Spectrum Trimpex Pvt. Ltd and Catalyst Trusteeship Ltd moved the tribunal under Section 7 of the Insolvency and Bankruptcy Code…
A lynchpin construction company of the Celtic Tiger-era property magnate Bernard McNamara has gone into liquidation with multi-million euro debts. A creditors’ meeting for MB McNamara Construction was held this morning at the Grand Canal Hotel on Grand Canal Street Upper. Myles Kirby, founding partner of the accountancy firm Kirby Healy, has been…
Representative Image The Insolvency appellate tribunal NCLAT has set aside the directions of the NCLT for a forensic audit of Golden Tobacco, and a change in the resolution professional of the debt-ridden cigarette maker. Passing an order over a batch of petitions filed against the NCLT order, the National Company Law Appellate Tribunal also extended…