DOMO Chemicals’ German Units Enter Insolvency as Administrator Evaluates Restructuring Pathways

Bankruptcy

DOMO Chemicals’ German subsidiaries enter insolvency as administrator explores restructuring options amid weak demand, high energy costs, and import pressure. Three German subsidiaries of the Belgian chemical group DOMO Chemicals–DOMO Chemicals GmbH, DOMO Caproleuna GmbH, and DOMO Engineering Plastics GmbH-have formally entered insolvency proceedings under German law. The responsible local court has appointed Lucas…

ICRA Backs IBC Changes, Flags Realty Risks

Bankruptcy

Credit rating agency ICRA has termed the proposed amendments to the Insolvency and Bankruptcy Code (IBC) encouraging, saying they could help improve recovery rates and reduce resolution timelines. However, it cautioned that long-standing structural challenges in the real estate sector remain largely unaddressed. ICRA noted that the real estate and construction sector continues to account…

Year-End Review 2025: Transformational Reforms and Institutional Strengthening by the Ministry of Corporate Affairs—From Ease of Doing Business and MCA V3 Transition to Insolvency Resolutions and Expanded Regulatory Infrastructure

Bankruptcy

Year-End Review 2025: Transformational Reforms and Institutional Strengthening by the Ministry of Corporate Affairs—From Ease of Doing Business and MCA V3 Transition to Insolvency Resolutions and Expanded Regulatory Infrastructure The major initiatives and achievements of the Ministry of Corporate Affairs during the year 2025 are as under: Reforms in Merger and Acquisition Framework In line…

NCLAT Rejects Appeal to Revive Belated Claim Post-Resolution Plan Approval Due to Contradictory Documents and Lack of Payment Proof [Read Order]

Liquidation

The National Company Law Appellate Tribunal (NCLAT), Principal Bench at New Delhi, has dismissed an appeal challenging the rejection of a claim seeking recognition as a financial creditor in a corporate insolvency resolution process (CIRP), holding that the appellant failed to establish any valid financial disbursement and had approached the tribunal with inconsistent and misleading…