In insolvency litigation, one of the most frequently raised preliminary objections is that the Corporate Debtor is a “Financial Service Provider” (“FSP”) and hence immune from the rigours of the Insolvency and Bankruptcy Code, 2016 (“IBC”). The exclusion under Section 3(7) for the FSP is frequently used as a jurisdictional shield to delay or defeat…
For five years, China’s real estate sector has been defined by a punishing narrative of default and contraction. This era of discipline reached a pivotal threshold when China Vanke, the industry’s bellwether, recorded an 82 billion yuan (US$11.8 billion) loss. Crucially, this disclosure arrived only a few days after a strategic injection from its largest…
For five years, China’s real estate sector has been defined by a punishing narrative of default and contraction. This era of discipline reached a pivotal threshold when China Vanke, the industry’s bellwether, recorded an 82 billion yuan (US$11.8 billion) loss. Crucially, this disclosure arrived only a few days after a strategic injection from its largest…
Fuel cell bus startup Arthur Bus has filed for insolvency, formally halting its hydrogen bus manufacturing activity in Lublin. The insolvency filing submitted by Arthur Bus marks the formal collapse of the company’s operations and brings an immediate stop to its role as supplier of hydrogen buses for MPK Lublin, being this the first consistent…
February 4, 2026 — 5:01pm Save You have reached your maximum number of saved items. Remove items from your saved list to add more. AAA A Supreme Court fight between siblings at the centre of a troubled NDIS provider has taken a fresh turn after a lawyer told the court he could not take instructions…
February 4, 2026 — 2:01pm Save You have reached your maximum number of saved items. Remove items from your saved list to add more. AAA A Supreme Court fight between siblings at the centre of a troubled NDIS provider has taken a fresh turn after a lawyer told the court he could not take instructions…
Sheppey mum backs MP call for gambling regulation after son dies BBC Read the original article here
UPay owner Maroqand declared bankrupt as court orders liquidation Kun.uz Read the original article here
PwC appointed as administrator in Koko bankruptcy Quantum Commodity Intelligence Read the original article here
The boutique rum manufacturer, Brix Distillers, formerly known as Sydney Distilling Co, has opted for voluntary administration. Appointing an Administrator RSM Australia has been appointed to manage the administration for the pioneer craft rum distillery in the country. The firm is presently considering all possible alternatives, including liquidating the company’s assets through a deed of…