The Allahabad bench of the National Company Law Tribunal (NCLT) has ruled that pre-CIRP dues of a company cannot be recovered from an auction purchaser merely because the purchaser acquired its leasehold property through liquidation on an “as is where is” basis. The bench comprising Judicial Member Praveen Gupta and Technical Member Ashish Verma observed,…
The relief is palpable, the expectations are immense: On 1 September 2026, Senegal and the International Monetary Fund (IMF) reached a staff-level agreement for a 36-month loan programme worth $2.2 billion. Having campaigned on a promise of transparency in the 2024 presidential elections, the government soon found itself facing an unexpectedly high level of debt.…
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Clarkson, Hammond and May’s Grand Tour company reaches end of the road Discover SWNS Read the original article here
REVEALED: Liquidator appointments for businesses in the Blacktown council area for September 14 The Daily Telegraph Read the original article here
It has been known for several days that 5th Avenue Products Trading-GmbH has filed for insolvency. We most recently reported on the background to this situation in our article “Cuba’s Cigar Paradox,” among others. Today, Monday, September 14, the company issued the following statement to the public: “Dear Customers, Business Partners, Members of the Media,…
Wynn Resorts to Redeem 2027 Notes With New Offering PlayNJ Read the original article here
NZ Court places 23 further Chance Voight entities into liquidation FX News Group Read the original article here
The National Company Law Tribunal [NCLT], Amaravati Bench, an application under Section 7 of the Insolvency and Bankruptcy Code 2016 has been admitted by SREI Equipment Finance Limited against Vijay Mining & Infra Corp Private Limited, wherein it is held that there was enough evidence about the existence of financial debt and default in payment…
AirBaltic goes bankrupt due to rising fuel prices amid the war in Iran Informat.ro Read the original article here