Bankrupt Can File Application For Discharge After One Year, If Bankruptcy Trustee Fails To Do So: NCLAT New Delhi

The National Company Law Appellate Tribunal, Delhi held that when the Bankruptcy Trustee does not fulfil its statutory obligation under Section 138(1)(a) of the Insolvency and Bankruptcy Code, 2016, which requires the Trustee to apply for a discharge order after expiry of one year from the bankruptcy commencement date, the Bankrupt who is directly affected…

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An error has occurred Your request was blocked by Link11 Web Application Security.If you believe this is the result of an error, contact the administrator of www.tipranks.com. ID: 44128e3c12f0dbe6f75455e8d99af371, IP Address: 110.232.115.214, Status Code: 471Timestamp: 2025-07-16T03:53:26.813322383+00:00 Read the original article here

AUSTAL REFINANCES DEBT FACILITIES TO SUPPORT FUTURE GROWTH

COMPANY ANNOUNCEMENT 27 JUNE 2025 AUSTAL REFINANCES DEBT FACILITIES TO SUPPORT FUTURE GROWTH Austal Limited (Austal) (ASX: ASB) has completed the final funding piece of its $1.2 billion capital expansion program in the United States, securing $488 million in credit facilities from a group of Tier 1 financial institutions, including Australian and international banks and…