Supreme Court Admits Review Petition By JSW Steel

The Supreme Court on Thursday admitted review petition filed by JSW Steel Ltd. on Bhushan Power and Steel’s insolvency case. The apex court will hear the matter on Aug. 7. Last month, JSW Steel had filed a review petition in the Supreme Court regarding its earlier judgment related to Bhushan Power ‘s resolution plan. In…

InCorp Restructuring Expands Nationwide Footprint to Strengthen India’s Insolvency Ecosystem

Onboards 12 new partners into InCorp Restructuring Services LLP (IPE Entity) to service Pan India Projects MUMBAI, India, July 31, 2025 /PRNewswire/ — In a significant boost to India’s restructuring landscape, InCorp Restructuring Services (IRS) LLP, a registered Insolvency Professional Entity (IPE) with the Insolvency and Bankruptcy Board of India (IBBI), has expanded its national footprint by…

NOCK declared “technically insolvent” as MPs order special audit into state oil agency

The National Oil Corporation of Kenya (NOCK) has been declared “technically insolvent” by a parliamentary watchdog committee, which has now ordered a special audit into the agency’s operations. According to the National Assembly’s Public Investments Committee on Commercial Affairs and Energy, NOCK is unable to meet its recurrent expenditures, owes over Sh7.4 billion in…

NOCK declared “technically insolvent” as MPs order special audit into state oil agency

The National Oil Corporation of Kenya (NOCK) has been declared “technically insolvent” by a parliamentary watchdog committee, which has now ordered a special audit into the agency’s operations. According to the National Assembly’s Public Investments Committee on Commercial Affairs and Energy, NOCK is unable to meet its recurrent expenditures, owes over Sh7.4 billion in…

NOCK declared “technically insolvent” as MPs order special audit into state oil agency

The National Oil Corporation of Kenya (NOCK) has been declared “technically insolvent” by a parliamentary watchdog committee, which has now ordered a special audit into the agency’s operations. According to the National Assembly’s Public Investments Committee on Commercial Affairs and Energy, NOCK is unable to meet its recurrent expenditures, owes over Sh7.4 billion in…