The insolvency tribunal NCLT has ordered a status quo on the assets sold by the resolution professional of Think and Learn Private Limited, the parent entity of debt-ridden edutech firm Byju’s, in one of its subsidiaries. The Bengaluru-based bench of the NCLT has put a hold on any further disposal of Byju’s K3 Education’s assets…
The National Company Law Tribunal at Chennai has admitted an insolvency petition filed by Wootu Nutrition Private Limited, a Chennai-based chain of diet and nutrition clinics, initiating the Corporate Insolvency Resolution Process against the company. A coram of Judicial Member Sanjiv Jain and Technical Member Venkataraman Subramaniam held: “This Tribunal is satisfied that there is…
A group of prison inmates raised funds in order to substantially pay down a school district’s unsettled lunch debt. At the end of the 2025-2026 academic year, Norton Community Schools (USD 211), a public unified school district located in northwest Kansas, had an unsettled debt of roughly $6,000. This was a result of breakfast and…
Polish lawmakers have again failed to secure the three-fifths majority needed to overturn President Karol Nawrocki’s veto of legislation aimed at strengthening oversight of the country’s crypto market. The Sejm, Poland’s lower house of parliament, on Friday voted 241-198 in favor of overriding the veto, with three abstentions, falling 25 votes short of the 266…
The National Company Law Appellate Tribunal (NCLAT) at Delhi has ruled that a company cannot complain of inadequate service of notices when it has itself allowed its registered office to remain non-functional for several years. Dismissing an appeal by the suspended director of AS Infracon Pvt. Ltd., Judicial Member Mohd Faiz Alam Khan and Technical…
The recent High Court Annual Report demonstrates a continuing increase in insolvency proceedings. The number of new insolvency proceedings continues to rise, with 2025 seeing an increase of 9.7% from the prior year. Since 2023, the majority of new insolvency proceedings have been filed in Auckland. The number of company liquidation applications filed has also…
Iconic UK stadium has collapsed into liquidation amid ‘new era’ Swindon Advertiser Read the original article here
REVEALED: Liquidator appointments for businesses in the Wyndham council area for September 4 heraldsun.com.au Read the original article here
Businessmen Takeshi Lim Jian Bin (left) and Jason Fong Wai Hong at a financial wealth seminar in 2023. PHOTO: HAYASHI TAKESHI/FACEBOOK/THE STRAITS TIMES SINGAPORE : They each drove Lamborghinis, wore expensive watches and ran schemes where they promised investors high returns for money put into their property deals and other businesses. But just three years after…
Baghaei urges Americans to question debt relief for war recruitment Islamic Republic of Iran Ministry of Foreign Affairs Read the original article here