Enerparc files for insolvency – pv magazine India
Enerparc files for insolvency pv magazine India Read the original article here
Could Saifuzzaman Chowdhury be declared bankrupt in the UK? – The Business Standard
Could Saifuzzaman Chowdhury be declared bankrupt in the UK? The Business Standard Read the original article here
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NCLT Ahmedabad Rejects A.R. Company’s Insolvency Plea Against Sadbhav Engineering
The Ahmedabad Bench of the National Company Law Tribunal (NCLT) on 19 August dismissed an insolvency petition filed by A.R. Company against Sadbhav Engineering Limited over unpaid dues arising from the supply of road and building construction materials. A Bench comprising Judicial Member Chitra Hankare and Technical Member Dr V.G. Venkata Chalapathy observed: “The claim…
SKIL Infrastructure Q2FY26 Results: Net profit rises to ₹250.40 lakh – scanx.trade
SKIL Infrastructure Q2FY26 Results: Net profit rises to ₹250.40 lakh scanx.trade Read the original article here
IBBI flags IBC misuse to cut tax bills, avoid probes and close firms without scrutiny – Moneycontrol.com
IBBI flags IBC misuse to cut tax bills, avoid probes and close firms without scrutiny Moneycontrol.com Read the original article here
York restaurant company goes into liquidation owing Home Office £90,000 | YorkMix
A York restaurant company has gone into liquidation owing thousands to the Home Office in fines. Sky Blue York Ltd, which formerly ran the Sky Blue Chinese Restaurant on Barbican Road, owes more than £100,000 to creditors. Of that, £90,000 is owed to the Home Office. The company appointed a voluntary liquidator, Jasmine Baxter from…
IBBI alerts insolvency professionals against misuse of IBC framework for tax avoidance and evading investigations – indiagazette.com
IBBI alerts insolvency professionals against misuse of IBC framework for tax avoidance and evading investigations indiagazette.com Read the original article here
IBBI Urges IPs: Prevent IBC Misuse, Ensure Due Diligence: Rediff Moneynews
IBBI directs insolvency professionals to conduct due diligence and prevent misuse of the IBC framework for tax evasion or avoiding scrutiny, citing potential indicators. Key Points IBBI has instructed insolvency professionals to perform due diligence to prevent misuse of the insolvency framework. The regulator noted that the IBC framework is being misused for purposes like…
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