The Supreme Court on Thursday, January 15, 2026 ruled that homebuyers’ societies or Resident Welfare Associations (RWAs) ordinarily constituted for maintenance and management of common facilities in a housing project cannot intervene in the insolvency proceedings of the developer company. A bench of justices JB Pardiwala and R Mahdevan, which upheld the insolvency proceedings related…
The tension between a real estate developer’s plea to save a project and a lender’s right to recover dues has been a recurring theme in Indian courts. On Thursday, the Supreme Court in a judgement clarified that when a real estate project faces insolvency, the stage of completion of a project cannot be a ground…
Economy & Nation Reliance Industries Reports Modest Growth in Q3FY25-26, Earnings Moneylife Digital Team 17 January 2026 In Q3FY25-26 Reliance Industries Limited (RIL) reported sales ₹2,64,905 crore up 10.38% year-on-year (y-o-y), driven by growth across digital services, oil-to-chemicals (O2C) and… Read the original article here
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The tension between a real estate developer’s plea to save a project and a lender’s right to recover dues has been a recurring theme in Indian courts. On Thursday, the Supreme Court in a judgement clarified that when a real estate project faces insolvency, the stage of completion of a project cannot be a ground…
AI debt collection software now manages over $8 trillion USD throughout global financial systems. Companies have completely changed their approach to handling past-due accounts. The numbers tell the story – 52% of businesses now invest in new debt collection tools to improve their operations. Simple reminder systems have evolved into smart debt management platforms that…
Scafell Hotel A once popular and long established Lake District hotel has been placed in creditors’ voluntary liquidation. Joint liquidators have been appointed to handle the affairs of the Scafell Hotel Ltd at Rosthwaite in Borrowdale. According to a notice in the London Gazette Daryl Warwick and Ed Connell, both of Armstrong Watson, James Watson…
Bega Valley earthworks company in liquidation, but staff receive a lifeline Bega District News Read the original article here
Baker Tilly appoints Kumar Jai as managing partner for corporate recovery and restructuring The Malaysian Reserve Read the original article here
Europe’s largest white-label operator, which operates more than 260 hotels across 12 European countries and 146 cities, has filed for insolvency. Revo Hospitality Group, formerly known as HR Group, was founded in 2008 and is set to be restructured under self-administration by the summer. The move affects about 140 companies within the group, but all…