IBBI Pushes For Holistic Valuation Approach To Improve Insolvency Outcomes

Liquidation

New Delhi, Nov 17 (KNN) The Insolvency and Bankruptcy Board of India (IBBI) has proposed significant changes to valuation norms under the Insolvency and Bankruptcy Code (IBC) to address inconsistencies and prevent undervaluation of distressed companies, particularly those with substantial intangible assets. In its discussion paper ‘Strengthening the Valuation Process under the Insolvency and Bankruptcy…

Directors’ duties in insolvency: Hong Kong court warns of personal liability for frivolous challenges to winding-up orders

Bankruptcy

Introduction On 17 November 2025, the Hong Kong Court of Appeal delivered its reasons for judgment in Target Insurance Company Limited (in compulsory liquidation) v Nerico Brothers Limited [2025] HKCA 1024.  In this ruling, the Court imposed personal costs liability on a company’s sole director for pursuing an appeal against a winding-up order that it…

How Debt Relief Paves Africa’s Path to Climate Resilience

Debt Help

Africa holds extraordinary promise for sustainable development. With 60 per cent of global solar potential, 30 per cent of transition mineral reserves, and vast wind energy capacity, the continent could lead the global green transition. Its young, rapidly growing population – expected to reach 2.5 billion by 2050 – adds further momentum. Yet this promise is under threat. The continent…