Salisbury-based Antony Batty & Company Ltd has urged hospitality business owners to be aware of potential warning signs arising from challenges arriving in April. James Stares, a director at Antony Batty & Company, said: “Hospitality enters April 2026 in an already fragile position where insolvencies in pubs, restaurants, bars, and hotels remain well above pre-pandemic…
Gareth Sowter, 51, of Lower Road, Great Amwell, was declared bankrupt in April 2021 after failing to pay more than £100,000 to the prep school attended by his three sons. He promised to use a sizeable inheritance to settle the debts, but instead transferred more than £100,000 to his friends and family, breaking insolvency laws.…
Appellate tribunal says NCLT has jurisdiction under IBC to defreeze Demat accounts during insolvency proceedings NCLAT upholds NCLT’s power to defreeze Demat accounts The National Company Law Appellate Tribunal (NCLAT) has dismissed the appeals filed by BSE, in which the leading bourse challenged the power of the NCLT to defreeze the Demat accounts of businesses…
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DJ setup using Native Instruments’ Traktor software, photo credit: IMAGO/Depositphotos Berlin pumps out a lot of cutting-edge music, and behind the sounds the city produces is an industry that develops the tools and instruments that make it all possible. Earlier this year, one of the city’s largest and longest-running companies that develops such products, Native…
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For fair IBC recovery, rethink how it handles instances of insider lending in corporate insolvency cases Mint Read the original article here
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In a significant ruling that resolves a long-standing conflict between insolvency law and market regulation, the National Company Law Appellate Tribunal (NCLAT) has made it clear that regulatory restrictions cannot obstruct insolvency proceedings. The tribunal dismissed appeals filed by the Bombay Stock Exchange (BSE), upholding the authority of the National Company Law Tribunal (NCLT) to…