Restructuring & Insolvency Laws and Regulations Report 2025

You are viewing an archived edition. Overview 1.1       Where would you place your jurisdiction on the spectrum of debtor- to creditor-friendly jurisdictions? In India, the principal statute dealing with Insolvency and Bankruptcy proceedings is the Insolvency and Bankruptcy Code, 2016 (“Code”).  The Code provides for a creditor in a control regime where the financial creditors…

MHA’s Zaneta passes key insolvency exam

MHA Restructuring and Recovery Manager Zaneta Resiak has passed one of the most demanding professional exams in the insolvency field. She successfully completed the Personal Insolvency paper of the Joint Insolvency Examination Board (JIEB) – one of two standalone papers candidates must pass to become a licensed insolvency practitioner. Zaneta is now preparing to sit the…

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Barry motor trade company enters voluntary liquidation

Easy Fleet Limited, based in Barry, entered the process following resolutions passed at a general meeting held on June 16 in Cardiff. The company was based at Unit 10 Palmerston Workshops and operated in the motor trade sector. During the meeting, members approved a special resolution to “wound up voluntarily” and appointed Katrina Orum and…