Case Note on Duncan (Trustee) v Shrestha in the matter of Shrestha … – Gilbert + Tobin

Navigating cross-border bankruptcy: Gilbert + Tobin has assisted in the recognition of foreign bankruptcy proceedings in Australia, acting for the trustees in bankruptcy in a successful application to recognise Singaporean bankruptcy proceedings. Background In the recent decision of Duncan (Trustee) v Shrestha, in the matter of Shrestha [2022] FCA 1601, Gilbert + Tobin acted for…

NCLT admits insolvency resolution plea against Renaissance Indus Infra – The Economic Times

The National Company Law Tribunal has admitted real estate and construction company Renaissance Indus Infra under the corporate insolvency resolution process (CIRP) following a plea by its financial creditor Catalyst Trusteeship. The lender had moved the bankruptcy court after the company defaulted on its dues worth nearly Rs 444 crore. The tribunals Mumbai bench has…

NCLT admits insolvency resolution plea against Renaissance Indus Infra – Economic Times

The National Company Law Tribunal has admitted real estate and construction company Renaissance Indus Infra under the corporate insolvency resolution process (CIRP) following a plea by its financial creditor Catalyst Trusteeship. The lender had moved the bankruptcy court after the company defaulted on its dues worth nearly Rs 444 crore. The tribunals Mumbai bench has…

Property, poultry and a posh address: Notorious fraudster leaves trail of misery – The Age

A bankrupt conman is again being pursued by furious developers in a dispute over a multimillion-dollar property deal on Melbournes fringe, as the corporate regulator faces pressure to act on years of warnings about the faux French fraudster. Henri-Claude Louis Philippe Du Pont, who was born in regional Tasmania as Phillip Wickham before taking on…