BKM Industries Limited Submits Delayed Q3 FY23 Financial Results Following CIRP Resolution – scanx.trade
BKM Industries Limited Submits Delayed Q3 FY23 Financial Results Following CIRP Resolution scanx.trade Read the original article here
NCLAT rejects BSE pleas on Demat account freezing during insolvency
Representative image. | Photo Credit: Getty Images/iStockphoto The National Company Law Appellate Tribunal (NCLAT) has dismissed the appeals filed by BSE, where the leading bourse challenged the power of the NCLT to defreeze the Demat accounts of businesses undergoing insolvency resolution and liquidation process. “…the impugned orders have been passed in valid exercise of such…
NCLAT Rules for IBC, Limits Exchange Power Over Company Demat Accounts
NCLAT Upholds IBC Over Exchange Powers India’s National Company Law Appellate Tribunal (NCLAT) has dismissed appeals from the Bombay Stock Exchange (BSE), reinforcing the National Company Law Tribunal’s (NCLT) authority to unfreeze Demat accounts for companies in insolvency. The decision, dated March 29, 2026, emphasizes the Insolvency and Bankruptcy Code’s (IBC) precedence over securities laws…
NCLAT upholds NCLT powers to direct defreezing of demat accounts in insolvency cases; dismisses BSE… – Moneycontrol.com
NCLAT upholds NCLT powers to direct defreezing of demat accounts in insolvency cases; dismisses BSE… Moneycontrol.com Read the original article here
NCLAT Rejects BSE Pleas On Demat Account Freezing During Insolvency
Representational Image (IANS) New Delhi: The National Company Law Appellate Tribunal (NCLAT) has dismissed the appeals filed by BSE, where the leading bourse challenged the power of the NCLT to defreeze the Demat accounts of businesses undergoing insolvency resolution and liquidation process. A two-member NCLAT bench said the National Company Law Tribunal (NCLT) has the…
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BSE Demat Account Appeal Rejected by NCLAT; IBC’s Power Upheld
The appellate tribunal’s decision reinforces the rules for corporate insolvency and clarifies asset control, aiming to smooth asset recovery for creditors by removing potential conflicts with market rules during resolutions. The ruling shows how the IBC is increasingly recognized as the primary law in complex financial distress situations. The National Company Law Appellate Tribunal dismissed…
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NCLAT rejects BSE pleas on Demat account freezing during insolvency
New Delhi, Mar 29 (PTI) The National Company Law Appellate Tribunal (NCLAT) has dismissed the appeals filed by BSE, where the leading bourse challenged the power of the NCLT to defreeze the Demat accounts of businesses undergoing insolvency resolution and liquidation process. A two-member NCLAT bench said the National Company Law Tribunal (NCLT) has the…
Debt-Free Down Under: My £40k Gambling Debt Vanished Selling Clothes Online
For four years, a woman kept her crippling shopping and gambling addiction a secret from her family, believing she had nothing left to lose. This hidden struggle, which began around 2020, culminated in a devastating admission during a holiday in 2024 that she was £40,000 in debt and had “nothing to her name.” Rachel, now…