Patients left ‘devastated’ as Canberra fully bulk-billed GP and allied health clinic enters voluntary administration MSN Read the original article here
In a major relief to Reliance Infrastructure Ltd (Reliance Infra), the National Company Law Appellate Tribunal (NCLAT) on Wednesday, June 4, suspended an earlier order by the National Company Law Tribunal (NCLT), Mumbai, which had admitted the company into the Corporate Insolvency Resolution Process (CIRP). The news was shared via a regulatory filing by the…
A reader wants to help her boyfriend who is struggling financially, but she doesn’t want to jeopardise her own future In our weekly series, readers can email in with any financial dilemma and enter the Money Moral Maze. Are your friends racking up big drinks tabs and then trying to split the bill equally? Is…
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Arkeon, an Austrian startup using fermentation to turn carbon dioxide into high-quality amino acids, has formally filed for insolvency. Co-founder and CEO Gregor Tegl made the announcement on LinkedIn, but did not reveal why the startup had run into difficulties. He thanked Arkeon’s team members, advisors, investors, partners, and supporters for their dedication to the…
Can an “outsider” be held liable for fraudulent trading for transacting with a company engaged in fraudulent activity? Should the limitation period for claims accruing to a (restored) company be suspended for the period during which it was dissolved? The Supreme Court addressed these questions on 7 May 2025 in Bilta (UK) Ltd (in liquidation)…
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In a significant legal development, the National Company Law Appellate Tribunal (NCLAT) has dismissed the appeal by Byju’s, the prominent edtech firm, seeking permission for an equity fund raise by its subsidiary, Aakash Educational Services. This decision upholds an earlier order by the National Company Law Tribunal (NCLT) to maintain the current shareholding structure of…
Over 300 workers retrenched without pay as CCIC Singapore enters liquidation after US sanctions The Online Citizen Read the original article here
Toys R Us enters voluntary administration MSN Read the original article here