Shares of iRobot Corporation are currently trading as a penny stock, exhibiting extreme volatility around $0.18. The company’s confirmed absence from the upcoming CES 2026 technology showcase in Las Vegas, coupled with its active Chapter 11 bankruptcy proceedings, has solidified market fears of a de facto corporate collapse. With the firm now operating under court-supervised…
If you’re filing for bankruptcy, knowing the boundaries of Chapter 7 matters just as much as understanding its benefits. Mohamad Faizal Bin Ramli/Getty Images When Americans are drowning in debt — and a lot of them are right now, considering that recent data shows credit card balances have topped $1.2 trillion with average credit card APRs…
This is part 6 of the annual round-up that provides an analytical summary of the key Corporate law rulings of the National Company Law Appellate Tribunal (NCLAT) reported on Taxscan.in in 2025. Once a Case is Filed Against Borrower, Guarantor’s Case Must Go to the Same NCLT: NCLAT Says Filing Counts as Pendency, Not Just…
Unregistered Documents Cannot Create Security Interest to Retain Title Deeds: NCLAT Dismisses Appeal Mr. V. Jaisankar vs Mr. Mahalingam Suresh Kumar CITATION : 2025 TAXSCAN (NCLAT) 333 The National Company Law Appellate Tribunal (NCLAT) has held that unregistered documents, including a Memorandum of Deposit of Title Deeds (MoDT), cannot create a valid security interest to retain…
2025 insolvency figures represent a 7% decrease compared to 2024. The number of corporate insolvencies has remained largely consistent throughout the year – 206 in Q1,201 in Q2, 211 in Q3 and 194 in Q4. While Creditors Voluntary Liquidations (CVLs) continue to account for the majority of corporate insolvencies (535 CVLs/66% of 2025 insolvencies), there…
NCLAT Upholds CCI’s Jurisdiction Under Section 4 of the Competition Act to Probe WhatsApp – Meta Data-Sharing Practices IN THE MATTER OF: WhatsApp LLC vs Competition Commission ofIndia CITATION : 2025 TAXSCAN (NCLAT) 371 In a landmark judgment, the National Company Law Appellate Tribunal (NCLAT) has upheld the Competition Commission of India’s (CCI) jurisdiction to…
Doucefleur / Shutterstock.com Dave Ramsey put it pretty bluntly when a caller with a $200,000 combined income rang in asking what their next move is with their $8,000 debt and lack of emergency savings. He said to “cut up” those credit cards and pay off that credit card debt already. Indeed, Ramsey is right on…
Solar 21, the energy group, has written to its investors saying that it “strongly disagrees” with a move by a number of investors to wind up two of its key companies. The winding-up petitions are being taken against two companies being used to fund a new waste-to-energy plant in England at a cost of £275 million, in…
Debt Management CardRates.com Read the original article here
Australian Crypto Exchange Halts Trading, Enters Voluntary Liquidation Bitcoin.com News Read the original article here