Parsvnath Developers Ltd is now subject to a Corporate Insolvency Resolution Process (CIRP) after the National Company Law Tribunal (NCLT) admitted a petition related to a default of ₹452.34 crore. This step marks a significant challenge for the real estate firm and could lead to management changes and restructuring under the Insolvency and Bankruptcy Code…
E-fuel firm Liquid Wind goes bankrupt after running out of cash Renewables Now Read the original article here
Pub company in the Cotswolds collapses into insolvency liquidation Cotswold Journal Read the original article here
Cotswolds pub in liquidation had £500,000 debts Swindon Advertiser Read the original article here
Ukraine puts assets of three insolvent banks up for auction at $198 million The New Voice of Ukraine Read the original article here
Ukraine puts assets of three insolvent banks up for auction at $198 million The New Voice of Ukraine Read the original article here
Richard Bathgate, restructuring partner and licensed insolvency practitioner at Johnston Carmichael, has been appointed interim liquidator of HPG (Inverness) Limited, effective 7 May 2026. The company holds two land titles registered at the Land Register of Scotland, covering approximately 2.8 hectares (6.91 acres) in Conon Bridge. The site previously benefitted from planning consent for a…
Course Coverage 1. Introduction to financial distress, historical development of insolvency law, and an overview of the IBC, 2016. 2. Institutional framework — IBBI, NCLT, Insolvency Resolution Professionals, and NCLAT. 3. Corporate Insolvency Resolution Process (CIRP) — including resolution plans, eligibility under Section 29A, and avoidable transactions 4. Liquidation proceedings — initiation, role of the…
New Delhi: The Insolvency and Bankruptcy Code (IBC) cannot be used as a substitute for debt recovery in disputes that are predominantly contractual in nature, the Supreme Court has said, reaffirming the legal position that insolvency proceedings cannot be invoked in breach of contract cases. The court’s 7 May ruling came while dismissing an appeal…
More than 37K Canadians filed for insolvency proposals in first 3 months of 2026—the highest since 2009 CTV News Read the original article here