Global Insolvency: 2025-2026 Projections | PwC

FTX Digital Markets – global collaboration at its best  The downfall of FTX marked one of the most intricate cross-border insolvencies in recent memory. As the third largest cryptocurrency exchange globally, FTX’s liquidation in the Bahamas involved over 45,000 creditors, with claims exceeding $1 billion being settled with interest in less than three years. This…

Arbitration Clause No Bar Once Debt and Default Established: NCLT Admits ₹2.9 Cr Sec. 7 Insolvency Plea [Read Order]

The National Company Law Tribunal (NCLT) Mumbai Bench has held that the presence of an arbitration clause does not preclude insolvency proceedings once debt and default are established. Also found that the corporate debtor had defaulted on repayment of an inter‑corporate deposit of ₹2.9 crore and admitted a section 7 insolvency plea. The application, filed on 14 November 2025, sought…

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