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Are there major changes in the Insolvency and Bankruptcy Code (IBC) on the cards? According to sources, the country’s bankruptcy law could see a major overall during the upcoming Winter Session of Parliament, which typically commences in late November and runs for a month. Among the proposed changes, industry stakeholders have sought the existing rules…
Gensol Insolvency, Remarks Against Insolvency Professional Pulkit Gupta Shall Not Affect His Conduct Or Character: NCLAT BW Legal World Read the original article here
UK solar company shut down after defrauding elderly consumers pv magazine International Read the original article here
Penn Entertainment will rebrand its sports betting operations to theScore Bet by December after failing to meet market share goals A partnership cut short Penn Entertainment and ESPN have decided to end their joint US sports betting venture, ESPN Bet, a full seven years ahead of schedule. The decision, which takes effect Dec. 1, follows…
The Office of the Registrar of Companies has issued a firm warning to all licensed insolvency practitioners: renew your licenses by November 28, 2025, or lose the right to operate. The directive is in line with Sections 153(3)(a) and 161(1) of the Corporate Insolvency and Restructuring Act, 2020, and forms part of efforts to strengthen…
The National Bank of Ukraine (NBU) on Nov. 4 declared RwS Bank insolvent, citing its continued risky activity, failure to comply with prudential regulations, and inability to restore its financial stability despite being classified as problematic since July. The bank ignored the NBU’s order to submit a revised financial recovery plan and continued to violate…
Recently, a Netflix production crew has been following Dana White around Las Vegas for a yet-to-be-announced unscripted project about his wild gambling exploits. He’s the ideal protagonist: a voluble, larger-than-life high roller whom its cameras have caught on at least one occasion up more than $800,000 at the Bellagio. The Ultimate Fighting Championship boss —…