7 Mall Favorites Are Most Likely To Go Bankrupt and Close In 2025 – FinanceBuzz
7 Mall Favorites Are Most Likely To Go Bankrupt and Close In 2025 FinanceBuzz Read the original article here
Ex-promoters of Bhushan Steel seek open court hearing on liquidation review; CJI to form bench, ETInfra
The bench held that the CoC failed to exercise its commercial wisdom while approving JSW’s resolution plan, which was in absolute contravention of the mandatory provisions of the IBC and CIRP regulations. The former promoters of Bhushan Steel and Power Ltd on Monday urged the Supreme Court to accord an open court hearing to their…
A lifeline for millions facing financial hardship
The City of Cape Town has approved a substantial R2.2bn debt write-off for qualifying residents in its 2025/26 budget to provide economic relief and improve the metro’s financial sustainability. Despite achieving a high annual collection ratio of 97.83% as of 30 June 2025, the City recognises the need to assist residents facing financial hardship. The…
SC junks BCCI, Riju Raveendran’s plea on settlement for Byju’s
NEW DELHI: The Supreme Court on Monday upheld an order rejecting the appeals of the BCCI and Byju’s co-founder Riju Raveendran seeking withdrawal of insolvency proceedings against his company. A bench comprising Justices J B Pardiwala and R Mahadevan dismissed the appeals filed by the Board of Control for Cricket in India (BCCI) and Raveendran…
Byju’s Insolvency: Supreme Court Shuts Door on BCCI & Riju Ravindran’s Appeals, Upholds CoC Consent Rule – The Law Advice
Byju’s Insolvency: Supreme Court Shuts Door on BCCI & Riju Ravindran’s Appeals, Upholds CoC Consent Rule The Law Advice Read the original article here
‘CERSAI Registration Enough to Claim Secured Creditor Status Under IBC; RoC Non-Registration Not Fatal’: NCLAT [Read Order]
The Delhi bench of the National Company Law Appellate Tribunal (NCLAT) held that CERSAI registration was enough to claim secured creditor status under IBC and noted that RoC non-registration was not fatal. In this case, Bizloan Private Limited appealed against the order passed by the National Company Law Tribunal, Mumbai bench, which classified the appellant…
Bhushan Steel and Power’s ex-promoters seek open court hearing on liquidation review plea; CJI to constitute a bench
The former promoters of Bhushan Steel and Power Ltd (BSPL) on Monday requested the Supreme Court to list their review petition against the company’s liquidation order for an open court hearing. The petition challenges the top court’s May 2 verdict that set aside JSW Steel’s resolution plan and ordered liquidation of BSPL under the Insolvency…
Will Australia’s 2025-26 Budget deliver fiscal relief?
I was asked the other day, what are the two things you’d love to see in this budget? And I said, I’d love to see the treasurer stand up and say, I’m going to re-establish the fiscal rules. Scientia Professor Richard Holden UNSW Business School Read the original article here
NCLT’s focus on insolvencies impacts corporate oppression responsibilities
Minority shareholders have to take a back seat as the National Company Law Tribunal’s focus has been on insolvencies, which has impacted its other duties, namely the oppression and mismanagement jurisdiction, write Aditya Vikram Bhat and Aadith Sridhar ON9 January 2009, the Blackberrys of corporate lawyers, accountants, law enforcement officers and corporate executives started buzzing…
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