Crisafulli settled $200,000 insolvent trading claim – The Australian
Crisafulli settled $200,000 insolvent trading claim The Australian Read the original article here
NCLT Issues notice to FIITJEE in an insolvency plea by former employee
A Bench of NCLT comprising Mahendra Khandelwal (Judicial Member) and Subrata Kumar Dash (Technical Member) heard the matter and directed FIITJEE to file its response. The case has been posted for further hearing on July 10, 2025. Agarwal, who held a senior position at FIITJEE, has approached the tribunal under Section 9 of the Insolvency…
“Creditors’ contests grow by 12% up to April
Image from page 185 of “Thackerayana;” (1875) Posted By: The Corner 16th May 2025 According to the monitoring of insolvency proceedings published in the Official State Gazette (BOE) carried out by Iberinform, the business fabric registered a year-on-year decrease of -3.5% in business insolvencies in April. For the year as a whole, they accumulate an…
IREDA shares in focus after filing insolvency plea against Gensol Engineering over Rs 510 crore default – MSN
IREDA shares in focus after filing insolvency plea against Gensol Engineering over Rs 510 crore default MSN Read the original article here
NCLT to hear IREDA’s insolvency petition against Gensol on June 3
Gensol Engineering has been in the spotlight since April, when SEBI barred the company’s promoters from the securities market for alleged fund diversions and corporate governance lapses. Photo: X/@GensolGroup State-run Indian Renewable Energy Development Agency Ltd. (IREDA) on Friday (May 16, 2025) moved an insolvency petition against Gensol Engineering Ltd before the National Company Law Tribunal…
NCLT issues notice to Gensol on Ireda’s ₹510 crore insolvency plea
New Delhi: The Ahmedabad bench of the National Company Law Tribunal (NCLT) on Friday issued a notice on a ₹510 crore insolvency plea filed by the Indian Renewable Energy Development Agency Ltd (Ireda). The bench, comprising judicial member Shammi Khan and technical member Sanjeev Kumar Sharma, declined Ireda’s request to appoint an interim resolution professional…
Authum Investment, JC Flowers ARC Show Interest In Bankrupt Mortgage Lender
According to disclosures available on the company’s website, Aviom India Housing Finance has admitted claims worth Rs 1,360 crore from financial creditors. The committee of creditors is being led by BlueOrchard, which has the largest exposure of funds to Aviom India Housing Finance. BlueOrchard is a Switzerland-based impact investor. Other large creditors to the company…
Leicester City's front-of-shirt sponsor BC.Game declared bankrupt – Tribuna.com
Leicester City’s front-of-shirt sponsor BC.Game declared bankrupt Tribuna.com Read the original article here
Rs 67,000 crore recovered under IBC in FY25, marking 42% YoY jump – MSN
Rs 67,000 crore recovered under IBC in FY25, marking 42% YoY jump MSN Read the original article here
Hasan Nawaz cleared of insolvency charges
Pakistan Hasan Nawaz cleared of insolvency charges … Read the original article here