NCLAT says committee of creditors has right to appoint liquidator for debt-ridden firm, not NCLT – ET Realty
NCLAT says committee of creditors has right to appoint liquidator for debt-ridden firm, not NCLT ET Realty Read the original article here
NCLAT Rules on Liquidator Appointment Rights for Creditors in Insolvency Cases, ETRealty
NEW DELHI: Only the Committee of Creditors (COC) has the authority to appoint a liquidator for a debt-ridden company undergoing insolvency procedure, and not the NCLT, in cases where a Resolution Professional has not submitted a written consent, the appellate tribunal NCLAT has said. Passing a common order in two identical matters, where the National…
Jail for woman who confined and restrained debtor with cable ties for about 5 hours
Shaffiq AlkhatibThe Straits TimesDec 3, 2025 In a bid to recover a loan of around $25,000, a woman lured her female debtor to a warehouse, where the victim was blindfolded and restrained with plastic cable ties for about five hours. The ordeal left the 49-year-old Singaporean victim with marks on her limbs that took two…
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Blow as Dicky Bill enters voluntary administration – Bundaberg Today
Blow as Dicky Bill enters voluntary administration Bundaberg Today Read the original article here
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