From traffic fines to vehicle tax, from vehicle tax to IMU and TARI. CAFs are stepping in to handle applications for the ‘Rottamazione Quinquies’ scheme covering tax liabilities owed to just under 1,500 local authorities, ahead of the application window running from 16 October to 15 December. This was announced in a press release from…
Home/Corporate Laws/NCLT Admits ₹63.15 Cr Insolvency Plea by City Union Bank; Upholds Common NPA Date Valid for Multiple Loan Accounts [Read Order] Corporate LawsLaw Report NCLT admitted CIRP as common NPA date applied validly across accounts, with default exceeding ₹1 crore threshold. Headnote⁂ City Union Bank Ltd. Vs Bhavanam Spinning Mills Private Limited Citation 2026…
Mumbai: The National Company Law Tribunal (NCLT) has admitted Kotak Mahindra Bank‘s insolvency petition against Unity Realty and Developers over a claimed default of ₹68.49 crore, paving the way for initiation of the corporate insolvency resolution process (CIRP) against the Mumbai-based real estate company. The Mumbai bench of the tribunal, in an order pronounced on…
South African business liquidations fall 15% IOL Read the original article here
The National Company Law Tribunal (NCLT), Delhi, has ordered liquidation of Stargaze Entertainment Pvt. Ltd., a cinema exhibition company, after rejecting a resolution plan. The Tribunal held that the Corporate Insolvency Resolution Process (CIRP) was itself vitiated because the Resolution Professional failed to take control of the company’s assets. The bench of Judicial Member Ashok…
Local fintech wants to help 10 million employees out of debt by 2035 htxt.co.za Read the original article here
Restaurant chain True Food Kitchen has filed for bankruptcy, but Colorado locations will continue operating. The company’s restaurants in Boulder and Denver’s Cherry Creek neighborhood are staying open, but 12 locations in other states were shuttered on Sunday. The changes leave True Food Kitchen with 34 stores across 14 states. Read the original article here
Recognition reflects Freedom Debt Relief’s strong customer feedback, transparent process and responsive support SAN MATEO, Calif., Oct. 6, 2026 /PRNewswire/ — Freedom Debt Relief, the trusted leader and one of the largest and longest-running providers of debt settlement services in the U.S., has been named the best overall debt settlement company by ConsumerAffairs. ConsumerAffairs selected…
But the establishment will stay open after two new takeaway firms were registered at its address on Guildhall Street. A representative of the eatery said: “I can confirm that Istanbul Kebab House remains open and continues to trade as normal. “The management of the business has changed, but customers can still expect the same amazing…
Vertical bifacial PV specialist Next2Sun files for insolvency for two subsidiaries – PV Tech Skip to content Read the original article here