Cleaning company boss banned after shifting £200,000 from insolvent firm – TheBusinessDesk.com
Cleaning company boss banned after shifting £200,000 from insolvent firm TheBusinessDesk.com Read the original article here
Prime Focus Plunges on ₹353 Cr Deposit Demand After Insolvency Stay – Whalesbook
Prime Focus Plunges on ₹353 Cr Deposit Demand After Insolvency Stay Whalesbook Read the original article here
Back-To-Back Lower Circuits: This Multibagger Stock That Doubled In Last 2 Years Falls 35% From 52-Week High; NCLAT Stays Insolvency Proceedings Against Company
Prime Focus received temporary relief from NCLAT after the tribunal paused insolvency proceedings and directed the company to deposit Rs 353.79 crore before the next hearing in July 2026 AI Powered Summary ▼ Indian equity benchmark indices traded lower on Monday, with the benchmark Nifty 50 index declining 0.47 per cent to 23,532.70 during the…
Bitcoin Depot goes bankrupt, signaling demise of crypto ATMs
Bitcoin Depot, once the largest operator of crypto ATMs in North America, filed for bankruptcy on Monday, marking the latest major blow for a niche segment of the digital asset industry that has been in decline for several years. Calling its business model “unsustainable,” Bitcoin Depot CEO Alex Holmes said the company would begin selling…
SBI Setback As NCLAT Rejects Combined Insolvency Plea In Videocon Case – BW Businessworld
SBI Setback As NCLAT Rejects Combined Insolvency Plea In Videocon Case BW Businessworld Read the original article here
LiveLawBiz IBC Weekly Digest: May 11
Supreme Court Says Appeal Without Certified Copy Was “Wholly Incompetent,” Sets Aside NCLAT Order Condoning Delay Case Title : Angelwoods Apartment Allottees Association versus M Lalitha and another Case Number : Civil Appeal Nos. 14439-14440 of 2025 CITATION : 2026 LLBiz SC 185 The Supreme Court on Tuesday set aside an NCLAT order condoning delays…
NCLAT Upholds Separate Insolvency Proceedings for Videocon Industries and VOVL
Appellate tribunal NCLAT has upheld separate insolvency proceedings for two Videocon group entities — Videocon Industries Ltd (VIL) and Videocon Oil Ventures Ltd (VOVL) — while setting aside an earlier NCLT order that had directed clubbing of the two cases. Passing a final order, the NCLAT said creditors of VIL and VOVL had intended the…
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Sbi: NCLAT upholds separate insolvency processes for Videocon Industries and Videocon Oil Ventures, ETEnergyworld
The NCLAT has upheld separate insolvency proceedings for Videocon Industries Ltd (VIL) and Videocon Oil Ventures Ltd (VOVL), overturning an NCLT order that had clubbed the two cases. New Delhi: Appellate tribunal NCLAT has upheld separate insolvency proceedings for two Videocon group entities — Videocon Industries Ltd (VIL) and Videocon Oil Ventures Ltd (VOVL) —…
ASIC delivers a five year ban and a massive wake up call for directors
ASIC’s recent decision to disqualify a Gold Coast director for the maximum five‑year period is a timely reminder that director duties are not theoretical, they are actively enforced and the personal consequences can be severe. In April 2026, ASIC announced the disqualification of a Director for his involvement in the failure of four companies across…