LiveLawBiz IBC Monthly Digest: September 2026

SUPREME COURT Supreme Court Issues Notice In Canara Bank’s Plea Against NCLAT Order Setting Aside Insolvency Admission Of Equinox India Developments Case Title : CANARA BANK (E-SYNDICATE BANK) VS. EQUINOX INDIA DEVELOPMENTS LIMITED Case Number : DIARY NO. – 36294/2026 The Supreme Court on Monday issued notice on Canara Bank’s challenge to the NCLAT order…

UK-based construction company enters administration

Kevin William Peare & Sons (KWP & Sons) offers a range of construction and home improvement services. Services offered include building and refurbishment works, kitchens and bathrooms, electrical works and plumbing. The KWP & Sons website reads: “We are a family-run business based in Surrey and have over 50 years of experience. “We are proud…

National Debt Relief Teams Up with Freeway Insurance

Proud NASCAR partners seek to help families move forward on and off the track NEW YORK, Oct. 1, 2026 /PRNewswire/ — National Debt Relief, the industry leader in debt settlement and provider of a top-rated debt relief solution in the U.S., today announced its partnership with Freeway Insurance, a division of Confie, the nation’s largest personal lines insurance…

A Mass. tech darling went bankrupt. What does that say about the state of the green tech industry?

In 2024, Massachusetts tech startup Ascend Elements was named one of the world’s most innovative companies. In April, the company filed for Chapter 11 bankruptcy protection. Scott Kirsner, columnist with our editorial partner MassLive, joins WBUR’s Morning Edition to share what this might mean for the Massachusetts climate tech industry. This segment aired on September 30,…

UK-based construction company enters administration

Kevin William Peare & Sons (KWP & Sons) offers a range of construction and home improvement services. Services offered include building and refurbishment works, kitchens and bathrooms, electrical works and plumbing. The KWP & Sons website reads: “We are a family-run business based in Surrey and have over 50 years of experience. “We are proud…

SARS eyes higher tax debt collections: Relief is available, but ‘playing games’ will not fly

South Africa’s tax debt book has grown to more than R600-billion, of which R280-billion has been identified as collectable. This year, the South African Revenue Service (SARS) is targeting the collection of R126-billion of this recoverable amount, said SARS Commissioner Johnstone Makhubu. Although SARS has various programmes and statutory relief measures in place to assist taxpayers in…

NCLAT Upholds Liquidator’s Power to Evict Occupant Under IBC

Home/Corporate Laws/NCLAT upholds Liquidator Power to Evict Occupants from Corporate Debtor Assets; Finds IBC Prevails Over Rent Act [Read Order] Corporate LawsLaw Report NCLAT upheld eviction as unregistered leases, unpaid rent, and related-party occupancy justified Liquidator’s possession claim. The case number, coram and counsel for this order are part of the subscriber record. Citation 2026…