NCLAT dismisses Vedanta’s plea to halt Adani’s resolution plan for Jaiprakash Associates

The CoC comprised 27 members, including banks, financial institutions and a class of homebuyers. A total of 28 expressions of interest were received during the process, of which 25 prospective resolution applicants were shortlisted. Ultimately, six bidders submitted resolution plans, including Adani Enterprises Limited, Vedanta Limited, Dalmia Cement (Bharat) Limited, Jindal Power Limited, PNC Infratech…

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Burgundy Diamond Mines Unit Arctic Canadian Diamond Company Filed For Insolvency Protection — TradingView News

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Burgundy Diamond Mines Subsidiary Seeks Insolvency Protection

Burgundy Diamond Mines Limited (ASX: BDM) today announced that its subsidiary, Arctic Canadian Diamond Company Ltd. (ACDC), has filed for insolvency protection under the Companies’ Creditors Arrangement Act (“CCAA”). ACDC, which owns and operates the Ekati Diamond Mine, obtained an initial order from the Supreme Court of British Colombia, granting protection under the CCAA. Burgundy…

New appointments made to Insolvency Service Board

Ministers have today confirmed the appointment of Peter Walton and Koral Anderson as Non-Executive Directors (NEDs) to the Board of the Insolvency Service.  Beginning in post on Monday 4 May 2026, they will support the Insolvency Service in its mission to deliver economic confidence by supporting those in financial distress, tackle financial wrongdoing and maximise returns to creditors. …

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Rajeswari Infrastructure Exits CIRP Amid Auditor’s Going Concern Warning

Recent Developments Rajeswari Infrastructure Limited has formally exited its Corporate Insolvency Resolution Process (CIRP) as of January 13, 2026, following National Company Law Tribunal (NCLT) approval of a resolution plan. A Monitoring Committee is now managing operations, with the former Resolution Professional serving as its Chairman. The company has released its unaudited standalone financial results…