Relief as Tongaat Hulett liquidation hearing postponed, but uncertainty persists for farmers – IOL
Relief as Tongaat Hulett liquidation hearing postponed, but uncertainty persists for farmers IOL Read the original article here
Key amendments to the Insolvency and Bankruptcy Code
Cl. 2 → S. 3 Section 3 (Definitions) Inserts definition of ‘registered valuer’ [cl.27A]; clarifies ‘security interest’ exists only by act of two or more parties, not by operation of law [cl.31 Explanation]; inserts definition of ‘service provider’ [cl.31A]. Cl. 3 → S. 5 Section 5 (Definitions – CIRP) Inserts ‘avoidance transaction’ [cl.2A]; inserts ‘fraudulent…
AI-driven fraud, cross-border disputes and crypto claims: fraud and asset recovery insights – Farrer & Co
AI-driven fraud, cross-border disputes and crypto claims: fraud and asset recovery insights Farrer & Co Read the original article here
NPAC Conference On Insolvency and Bankruptcy Code, 2016: “From Resolution To Resilience: Reimagining India’s Corporate Restructuring Landscape”
The Nani Palkhivala Arbitration Centre (NPAC), is a non-profit company registered under Section 25 of the Companies Act, 1956. NPAC was set up by the Palkhivala Foundation to promote institutional arbitration in India, keeping in mind the growing burden on Indian courts and the inordinate delay in the disposal of cases. By providing world-class facilities…
US Congress and Debt Restructuring Frameworks – BORGEN Magazine
US Congress and Debt Restructuring Frameworks BORGEN Magazine Read the original article here
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SC radio broadcaster cues up a $592M debt-relief deal
One of the largest radio station operators on the South Carolina airwaves has been cleared to dial back its debt load — by $592 million. It’s also relinquishing control of its broadcasting, podcasting and Westwood One syndication business as it emerges from its second court-supervised financial restructuring in less than a decade. Cumulus Media owns…
Sony Research India to shut operations; files for voluntary liquidation
Sony Research India Private Limited has officially commenced the process of voluntary liquidation, effective April 13, 2026. The move was detailed in a public announcement issued under the Insolvency and Bankruptcy Board of India (Voluntary Liquidation Process) Regulations, 2017. The company, which was incorporated on May 1, 2020, operated out of the WeWork Embassy Tech…
How G24 Secured $1bn Debt Relief For 5 Countries – Head Of Secretariat – LEADERSHIP Newspapers
How G24 Secured $1bn Debt Relief For 5 Countries – Head Of Secretariat LEADERSHIP Newspapers Read the original article here
Montreal denim company Jeaniologie placed into receivership
Jeaniologie Inc., a Montreal apparel company, was placed into receivership on April 9, 2026 on application by Royal Bank of Canada, who said years of refinancing extensions and forbearance measures failed to stabilize the borrower’s finances, leaving it owed approximately $6.6 million. Founded in 2002, Jeaniologie is a Montreal-based designer, manufacturer and importer of denim…