NCLAT Upholds Denial of Exclusion/Extension [Read Order]

The National Company Law Appellate Tribunal (NCLAT) recently dismissed an appeal filed by the suspended directors of a corporate debtor, holding that directors who had invested a sum of ₹5,49,99,950 into the corporate debtor company cannot possibly and credibly claim to have been unaware of the initiation of corporate insolvency resolution process (CIRP) against their…

Sabah government studying PTPTN debt relief

Facebook Twitter LinkedIn Threads WhatsApp Telegram Hajiji with some of the convention’s participants. KOTA KINABALU (Sept 21): The state government is currently conducting a study to assist those who are still in debt with the National Higher Education Fund (PTPTN), as well as to determine the allocation needed to help ease their burden. Chief Minister…

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Teneo Continues Global Expansion With Acquisition of PwC’s Australian Business Restructuring Unit

Teneo, the global CEO advisory firm, today announced a major expansion of its fast-growing global business with an agreement to acquire PwC’s Australian Business Restructuring Services unit. The transaction further extends Teneo’s market-leading presence across Asia-Pacific, providing its Financial Advisory business with a strong foothold in the Australian market. The team will offer a wide…