The NCLAT has upheld separate insolvency proceedings for Videocon Industries Ltd (VIL) and Videocon Oil Ventures Ltd (VOVL), overturning an NCLT order that had clubbed the two cases. New Delhi: Appellate tribunal NCLAT has upheld separate insolvency proceedings for two Videocon group entities — Videocon Industries Ltd (VIL) and Videocon Oil Ventures Ltd (VOVL) —…
Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy. 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…
ASIC’s recent decision to disqualify a Gold Coast director for the maximum five‑year period is a timely reminder that director duties are not theoretical, they are actively enforced and the personal consequences can be severe. In April 2026, ASIC announced the disqualification of a Director for his involvement in the failure of four companies across…
Developing countries: Pakistan demands debt relief, financing access Business Recorder Read the original article here
The National Company Law Tribunal (NCLT) has allowed the withdrawal of the corporate insolvency resolution process (CIRP) against Nobility Estates, the company developing ATS Group’s Le Grandiose housing project in Sector 150, Noida, after a settlement was reached between lenders and the earlier management of the company. Advertisement The principal bench of the tribunal…
Wānaka house builder owes more than $400k in tax, blames rising costs and lower market demand The Press Read the original article here
Unpaid council rates leads to liquidation and mortgagee sale Stuff Read the original article here
[SINGAPORE] An ill-timed property bet, a generational pandemic and a wave of customer closures – just any one of these would have been a severe setback for a business. But for third-generation food distributor FoodXervices, all three hit at once; eventually, something had to give. That moment came in April, when the company abruptly shut…
Surrey law firm Farringford Legal has launched a restructuring and insolvency practice with the appointment of Tania Clench as department head. Tania brings more than 20 years’ experience across corporate and personal insolvency and is recognised by The Legal 500 as a leading practitioner in the field. She is particularly known for advising and defending…
Surrey law firm Farringford Legal has launched a restructuring and insolvency practice with the appointment of Tania Clench as department head. Tania brings more than 20 years’ experience across corporate and personal insolvency and is recognised by The Legal 500 as a leading practitioner in the field. She is particularly known for advising and defending…