Home/Corporate Laws/NCLT Admits ₹164.03 Cr CIRP Plea; Rejects Claim of Debt Discharge and Pending Arbitration Corporate LawsLaw Report NCLT admits CIRP after finding financial debt and default established despite settlement, repayment and pending arbitration claims. Get the day’s tax rulings in your inbox × Headnote⁂ Omkara Assets Reconstruction Pvt. Ltd. Vs ESPO Developers Pvt. Ltd.…
The Supreme Court recently held that the National Company Law Tribunal (NCLT) can recall an order admitting insolvency proceedings if it later finds that the case was started through fraud or collusion. This can include cases where the claimed debt, which formed the basis for starting the insolvency process, is found to be fraudulent. A…
The Queensland Court of Appeal has ruled that a registered AllPAAP security interest can attach property acquired by a company after effectuation of a deed of company arrangement. In brief In Kirk v Moreton Resources Pty Ltd [2026] QCA 186, the Court of Appeal allowed an appeal by Darryl Kirk, as receiver of Moreton Resources…
REVEALED: Liquidator appointments for businesses in the Casey council area for October 9 Herald Sun Read the original article here
REVEALED: Liquidator appointments for businesses in the Livingstone council area for October 7 The Courier Mail Read the original article here
REVEALED: Liquidator appointments for businesses in the Kalamunda council area for October 6 The Daily Telegraph Read the original article here
REVEALED: Liquidator appointments for businesses in the Banyule council area for October 7 Herald Sun Read the original article here
REVEALED: Liquidator appointments for businesses in the Newcastle council area for October 7 The Daily Telegraph Read the original article here
REVEALED: Liquidator appointments for businesses in the Lake Macquarie council area for October 7 The Daily Telegraph Read the original article here
Stockton Heath Car Sales Ltd, based on Firtree Close in Stretton, specialised in the sale of used cars and light motor vehicles. It had built a strong reputation over two decades, with more than 1,000 five-star reviews. However, the company was placed into members’ voluntary liquidation on 21 September, following resolutions passed. A notice published in…