ASIC’s recent decision to disqualify a Gold Coast director for the maximum five‑year period is a timely reminder that director duties are not theoretical, they are actively enforced and the personal consequences can be severe. In April 2026, ASIC announced the disqualification of a Director for his involvement in the failure of four companies across…
Surrey law firm Farringford Legal has launched a restructuring and insolvency practice with the appointment of Tania Clench as department head. Tania brings more than 20 years’ experience across corporate and personal insolvency and is recognised by The Legal 500 as a leading practitioner in the field. She is particularly known for advising and defending…
Surrey law firm Farringford Legal has launched a restructuring and insolvency practice with the appointment of Tania Clench as department head. Tania brings more than 20 years’ experience across corporate and personal insolvency and is recognised by The Legal 500 as a leading practitioner in the field. She is particularly known for advising and defending…
Middle Eastern Creditor Rescues Barclay Brothers from Bankruptcy Battle Sri Lanka Guardian Read the original article here
Save You have reached your maximum number of saved items. Remove items from your saved list to add more. AAA A twice-bankrupted, twice-jailed pretend property developer is back behind bars, this time for contempt of court. Nahi Gazal, 61, was taken into custody earlier this month after Supreme Court Justice Ashley Black agreed with the…
Russia’s Monocrystal Faces Bankruptcy After Financial and Production Crisis Odessa Journal Read the original article here
Quebec judge declares Northvolt insolvent as province recovers nearly $200M MSN Read the original article here
Napa-based cannabis-infused beverage company files for bankruptcy The Napa Valley Register Read the original article here
AuthorAnanya Iyer|Published at:17th May 2026, 4:03 pm Overview The National Company Law Appellate Tribunal (NCLAT) has ordered separate insolvency proceedings for Videocon Industries Ltd (VIL) and Videocon Oil Ventures Ltd (VOVL), overturning a prior NCLT decision to consolidate them. Issued on May 14, 2026, the ruling cites VIL’s consumer electronics focus and VOVL’s oil and…
NCLAT Orders Separate Paths for Videocon Entities The National Company Law Appellate Tribunal (NCLAT) has ruled that Videocon Industries Ltd (VIL) and Videocon Oil Ventures Ltd (VOVL) must undergo separate insolvency resolution processes. This May 14, 2026 decision reverses a prior National Company Law Tribunal (NCLT) order that had intended to combine the proceedings of…