The irony is hard to miss. Ten months later, the Essar saga finally ended. Lenders received about ₹42,000 crore, roughly 85 per cent of their claims, or about 276 per cent of liquidation value. Patience paid. But it took an extraordinarily long time to discover that it would. That is the dilemma India’s insolvency system…
Ghana and other climate-vulnerable countries in the Global South need debt relief and more grant-based climate finance to create fiscal space for climate adaptation and essential public services, ActionAid has said. The call follows a report estimating that countries in the Global South will pay about US$8.8 trillion in debt repayments in 2026, equivalent to…
The Justice Ministry’s Legal Aid Department opened 154,552 files in 2025, with family and debt matters accounting for most of its caseload, according to its annual report published on Wednesday. Personal status matters made up 35% of the files opened, and debts accounted for 30%, the report’s breakdown shows. Civil matters accounted for a further…
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Alternative Liquidity Fund plans liquidation, returns $0.0291 per share Investing.com Read the original article here
A pub boss has been reported to the Insolvency Service, liquidators have said in their latest report. The Crown Inn Woodstock Ltd was put into voluntary liquidation in July last year. It is believed the Grade 2-listed 18th century boutique hotel, bed and breakfast and restaurant in Woodstock with the same name remains open and…
The Crown Inn Woodstock Ltd was put into voluntary liquidation in July last year. It is believed the Grade 2-listed 18th century boutique hotel, bed and breakfast and restaurant in Woodstock with the same name remains open and trading. Daniel Taylor, at the Manchester-based insolvency firm Fortis Insolvency, was instructed to wind down the company…
Myer shareholders appear to be treating Cue Clothing Co’s insolvency as a supplier problem, not a balance-sheet shock. That reading is plausible under Myer’s concession accounting, but it depends on the receivers finding a buyer and keeping the two womenswear labels trading. Myer Holdings shares closed Wednesday unchanged at A$0.18, after trading between A$0.17 and…
The Crown Inn Woodstock Ltd was put into voluntary liquidation in July last year. It is believed the Grade II listed 18th century boutique hotel, bed and breakfast and restaurant in Woodstock with the same name remains open and trading. Daniel Taylor, at the Manchester-based insolvency firm Fortis Insolvency, was instructed to wind down the…
The Ahmedabad bench of the National Company Law Tribunal (NCLT) has held that a subsequent purchaser could not invoke its insolvency jurisdiction over an electricity dues dispute that arose after completion of the insolvency process and transfer of the property. The bench comprising Judicial Member Shammi Khan and Technical Member Sanjeev Sharma observed, “The declaration…