The Survey noted that while the previous decade offered testament to IBC’s legal framework and design, the next phase of IBC should combine process reform with a rapid scaling of capacity | Photo Credit: iStockphoto The Economic Survey 2025-26 cautioned that extended insolvency timelines can trigger value erosion – assets deteriorate, employees depart, customers shift…
The Paradox of Progress Amidst Paralysis The Economic Survey of India 2025-26 paints a stark picture of India’s insolvency regime, revealing a deepening paradox: while policy reforms have enhanced the effectiveness and outcomes of the Insolvency and Bankruptcy Code (IBC), the very institutions tasked with its implementation are buckling under severe capacity constraints. At…
The popular pub reopened in July 2021 after the building was transformed following a £161,000 revamp by the owner of the building, but now it’s gone into liquidation The pub industry is struggling across the country (Image: Getty) A pub management company has been plunged into liquidation despite a £161,000 renovation by the owner of…
Jingrui Holdings Enters Court-Ordered Liquidation as Share Trading Remains Suspended The Globe and Mail Read the original article here
Aspen (Group) Reports No New Developments in Subsidiary Liquidations TipRanks Read the original article here
Tobey Maguire Testifies in Thomas Goldstein Tax Fraud Trial, Revealing $500K Legal Fee Routed to Poker Creditor Amid High-Stakes Gambling Dispute USA Herald Read the original article here
The Berlin-based company behind Traktor, iZotope, and Maschine begins formal restructuring. Photo credit: Native Instruments – Official Native Instruments GmbH, the Berlin based company behind Traktor, Maschine, and other leading music production tools, has entered preliminary insolvency proceedings in Germany. Court documents confirm the filing and the appointment of Prof. Dr. Torsten Martini as the…
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However, the survey cautioned that prolonged insolvency timelines erode asset value, disrupt operations and weaken stakeholder confidence. It noted that the Pre-Packaged Insolvency Resolution Process has seen only 14 admissions since its introduction in 2021, reflecting procedural complexity, lack of awareness, trust deficits in debtor-led processes and funding constraints for MSMEs. Looking ahead, the Economic…