Telangana HC Grants Pre-Arrest Bail in Alleged ₹167 Lakh Misappropriation Linked to IBC Liquidation [Read Order]

In a recent ruling, the Telangana High Court granted pre‑arrest bail to a former director of G.S. Biotech Limited, who was accused of misappropriating ₹167 lakh in government compensation after the company entered liquidation under the Insolvency and Bankruptcy Code (IBC). The case originated from a complaint filed by the Liquidator of G.S. Biotech Limited, alleging that Makhariya misrepresented…

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British parent of nuclear developer Moltex Energy Canada in talks with potential buyer

Open this photo in gallery: The exterior of the Point Lepreau Nuclear Generating station in Lepreau, N.B.Kevin Bissett/The Canadian Press More than a year after the parent company of New Brunswick nuclear technology developer Moltex Energy Canada Inc. entered into a British insolvency proceeding, “advanced” negotiations with a potential buyer are progressing, according to an…

MyndTec Inc. Makes Voluntary Assignment in Bankruptcy Under the Bankruptcy and Insolvency Act (Canada)

Mississauga, Ontario–(Newsfile Corp. – April 24, 2026) – Further to its press release dated April 8, 2026, MyndTec Inc. (CSE: MYTC) (“MyndTec” or the “Company“) announced today that, having been unable to secure the additional financing required to continue operations, it has made a voluntary assignment in bankruptcy for the general benefit of its creditors pursuant…