Guard Therapeutics provides information regarding observation status on Nasdaq First North Growth Market TradingView Read the original article here
The Supreme Court has issued a significant clarification on the eligibility of co-operative societies wishing to act as resolution applicants under the Insolvency and Bankruptcy Code (IBC). The ruling, delivered on Thursday, confirms that these societies can bid, but only if they strictly follow the investment rules set out in the Multi-State Co-operative Societies Act…
New Delhi, Apr 9 (KNN) The proposed amendments to the Insolvency and Bankruptcy Code signal a significant shift in India’s insolvency framework, allowing defaulting company promoters a chance to retain control and attempt revival under creditor supervision. The move comes amid emerging stress in certain sectors due to global disruptions, including supply chain pressures…
A Bench of Justices JB Pardiwala and KV Viswanathan clarified that while co-operative societies are not barred from participating in the corporate insolvency resolution process (CIRP) as resolution applicants, their eligibility is conditional upon compliance with statutory restrictions governing investment of funds. “Section 64(d) of the 2002 Act permits an MSCS to invest or deposit…
The new edition of CPAG’s Debt Advice Handbook is free to access online, thanks to our partnership with @MoneyPensionsUK You can view the new handbook from any computer or mobile device: http://tinyurl.com/4ca4ycd3 Like this: Like Loading… Published by Read the original article here