( May 6, 2026, 08:46 GMT | Official Statement) — MLex Summary:The EU’s lower-tier General Court dismissed an appeal by Westfälisches Textilwerk Adolf Ahlers Stiftung & Co over alleged errors in the calculation of a €3.5 million fine imposed for an antitrust breach. Judges ruled that the European Commission had correctly used the consolidated turnover for…
NEW DELHI: Embassy Developments’ shares have resumed normal trading on the BSE and NSE following the National Company Law Appellate Tribunal’s (NCLAT) order setting aside insolvency proceedings against the company. With the appellate tribunal quashing the Corporate Insolvency Resolution Process (CIRP), the company has also exited the Additional Surveillance Measure (ASM) framework imposed earlier. The…
After NCLAT relief, Adani moves SC with caveat against possible Vedanta appeal in Jaypee insolvency case BusinessLine Read the original article here
UK health food company with 10,000s of online followers enters administration Wandsworth Times Read the original article here
New Delhi [India], May 6 (ANI): AdEnterprises has filed a caveat before the Supreme Court, anticipating a challenge by Vedanta against the National Company Law Appellate Tribunal’s (NCLAT) verdict upholding Adani Group’s resolution plan for debt-ridden Jaiprakash Associates Ltd (JAL). A caveat is an application filed before a court by a party requesting that no…
This article first appeared in The Edge Malaysia Weekly on April 27, 2026 – May 3, 2026 NOTICES of winding up petitions against companies have long been treated as obituaries — a sign that the business is insolvent and headed for shutdown. However, that is not necessarily the case as the current legal framework offers…
06-05-26 / Duty Editor South Africa business insolvencies to reach 1540 cases in 2026 Paris – How much will the Middle East crisis increase non-payment risk for corporates? Allianz Trade releases its latest Insolvency Report, unveiling updated forecasts for 2026 and 2027. According to the world leader in trade credit insurance, global business insolvencies will…
Dutch specialty paper manufacturer Coldenhove Paper is undergoing insolvency proceedings. After filing for insolvency, the company was declared bankrupt by the court of the Gelderland province on 6 May. For Dutch trade union CNV, the insolvency comes as no complete surprise…. Read the original article here
The Federal Tax Service (FNS) initiated bankruptcy proceedings against Ruselprom, a company supplying propulsion electric motors for Project 22220 nuclear icebreakers. The Moscow Arbitration Court accepted the application for proceedings. The reason was a debt of about 99.4 million rubles. The tax authority is seeking to declare the company insolvent, and the case is scheduled…
The Federal Tax Service (FNS) initiated bankruptcy proceedings against Ruselprom, a company supplying propulsion electric motors for Project 22220 nuclear icebreakers. The Moscow Arbitration Court accepted the application for proceedings. The reason was a debt of about 99.4 million rubles. The tax authority is seeking to declare the company insolvent, and the case is scheduled…