NCLAT Fortnightly: Important orders on IBC (July 1 – July 15, 2024) – Bar & Bench – Indian Legal News
NCLAT Fortnightly: Important orders on IBC (July 1 – July 15, 2024) Bar & Bench – Indian Legal News Read the original article here
Set-Off Under IBC Regime – BW Legal World
Set-Off Under IBC Regime BW Legal World Read the original article here
Cricket tour company insolvent for three years before collapse
Calypso Destinations fell over with $2.3 million in unsecured creditors including Tyler himself, who is listed as claiming $924,000 in “loans to the company” that he made. The liquidator’s report said Tyler may have a defence against insolvent trading claims because of advances made to the company that were under continuing investigation. Tyler declined to…
European tour operator FTI files for insolvency
European tour operator FTI Touristik has filed for insolvency at a court in Munich, Germany. The company, one of the largest tour operators in Europe, said the FTI Touristik brand is directly affected but that insolvency filings will follow for other group companies. Windrose Finest Travel will continue operations. The news comes weeks after FTI…
Update on insolvency statistics: July 2024
23 Aug 2024 • 4 min read The latest insolvency statistics for July 2024 for company and individual insolvencies were published on 20 August 2024 for England and Wales. Whilst there has been a slight increase in individual insolvencies in July 2024 to the figures published in June 2024 for individual insolvencies, the slight dip…
Restaurants in crisis: Find out how many have gone insolvent in your area | UK News
Restaurants and cafés across the UK are going insolvent at a pace not seen for more than a decade. A total of 3,347 eateries have been unable to pay their debts in the past two years to March 2023, according to data from the Insolvency Service. During the first three months of 2023, an average…
Ex-Premier League star avoids jail after bankruptcy – 'I let my family down' – The Mirror
Ex-Premier League star avoids jail after bankruptcy – ‘I let my family down’ The Mirror Read the original article here
Cricket tour company insolvent for three years before collapse
Calypso Destinations fell over with $2.3 million in unsecured creditors including Tyler himself, who is listed as claiming $924,000 in “loans to the company” that he made. The liquidator’s report said Tyler may have a defence against insolvent trading claims because of advances made to the company that were under continuing investigation. Tyler declined to…
Six restaurants ‘declared insolvent every day between January and March’ – Restaurant
Six restaurants ‘declared insolvent every day between January and March’ Restaurant Read the original article here
Suraksha Group invests Rs 250 cr in Jaypee Infratech, secures Rs 3K cr loan | Company News
On June 4, Suraksha Group took control of JIL following the insolvency appellate tribunal NCLAT decision on May 24, upholding its bid to acquire JIL. 4 min read Last Updated : Aug 25 2024 | 4:10 PM IST Suraksha Group has infused Rs 250 crore in Jaypee Infratech after acquiring it through insolvency process…