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The Supreme Court has expressed concern over the National Company Law Tribunal (NCLT) in a pending case where approval of resolution plans has been stalled for over two years. The bench of Justice JB Pardiwala and Justice KV Viswanathan issued direction to the Principal Bench of NCLT, New Delhi and the Insolvency and Bankruptcy Board…
Hayden Asper’s articles from Worrells are most popular: in Australia with readers working within the Metals & Mining and Construction & Engineering industries Worrells are most popular: within Accounting and Audit topic(s) with Senior Company Executives, HR and Finance and Tax Executives Insolvency statistics function as a rear‑view mirror…
Kevin Pinkerton, left, and Eamonn Wall Insolvency practice Business Rescue Expert has entered its next phase of expansion with the launch of a specialist division to help SMEs under pressure navigate challenges earlier and secure their future. Turnaround & Restructuring Expert (TRE) is supporting businesses across the UK, with a focus on protecting jobs and…
“>Jaypee Insolvency Case: Committe of Creditors backs Adani bid, rejects Vedanta late revision, “No post-bid changes” New Delhi [India], April 20 (ANI): Solicitor General Tushar Mehta, appearing for the Committee of Creditors (CoC), on Monday defended the integrity of the resolution process in the insolvency proceedings of Jaypee Infratech before the National Company Law Appellate…
MUMBAI/NEW DELHI: In a fresh twist in the insolvency proceedings of Jaiprakash Associates Ltd (JAL), the Committee of Creditors (CoC) on Monday told the appellate tribunal that a possible information leak may have prompted Vedanta Ltd to revise its bid for the bankrupt firm. Solicitor General Tushar Mehta, appearing for the CoC before the National…
He also noted that other bidders, including Dalmia Group and Jindal Power Limited, took part in the process and were bound by the same rules set out in the Information Memorandum and RFRP. These documents, he said, were binding and ensured fairness and consistency. On Vedanta’s main argument—its November 8, 2025 addendum seeking to revise…
Company insolvencies in Scotland climbed 11 per cent year-on-year in March 2026, with 131 cases registered compared to the same month in 2025. The total comprised 57 compulsory liquidations, 53 creditors’ voluntary liquidations (CVLs), 18 administrations and three receivership appointments. No company voluntary arrangements (CVAs) were recorded during the period. Over the 12 months to…
Business Rescue Applications Under Scrutiny: business rescue orders are not there for the taking! Polity.org.za Read the original article here