INE020A01010) Faces Uncertainty Amid Restructuring Efforts and Bo

Bankruptcy

Nicco Corporation Ltd stock (ISIN: INE020A01010), the Kolkata-based engineering conglomerate, remains under pressure from ongoing corporate insolvency proceedings and recent bondholder actions. With shares trading thinly on the BSE, investors eye potential revival through asset monetization, but legal hurdles persist. European investors tracking emerging market small-caps should note the high-risk profile in India’s NCLT framework.…

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Bankruptcy

No Cookies To use this website, cookies must be enabled in your browser. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently making requests to websites without cookies that had previously been set. This appears to…

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Bankruptcy

To use this website, cookies must be enabled in your browser. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently making requests to websites without cookies that had previously been set. This appears to be a…

Important orders on IBC (Jan 16 – Jan 31, 2026)

Liquidation

NCLAT Fortnightly January 16-31, 2026  The following is a snapshot of the important orders passed by the National Company Law Appellate Tribunal (“NCLAT”), under the Insolvency and Bankruptcy Code, 2016 (“Code”), during the period between January 16, 2026, to January 31, 2026. For ease of reference, the orders have been categorized and dealt with in…

Oldham man disqualified after exploiting Covid loan

Bankruptcy

Stephen Cornwell-Dobson, 44, provided incorrect turnover figures in order to access a greater loan, according to the Insolvency Service. He has now been disqualified and the company, XS Rentals Ltd, has been liquidated. During the Covid pandemic, the previous government introduced the BBL scheme to help companies try to survive. The terms of the scheme…

Liquidators appointed to Scottish aircraft sales company

Liquidation

Liquidators at FRP Advisory said the company that operated moved to “conclude its affairs in an orderly manner”. The firm is described at Companies House as “agents involved in the sale of machinery, industrial equipment, ships and aircraft”. The Glenrothes-registered P3R Aviation Limited passed the special resolution “that the company be wound up voluntarily” and…