NCLT allows withdrawal of insolvency proceedings against ATS group project – The Economic Times
NCLT allows withdrawal of insolvency proceedings against ATS group project The Economic Times Read the original article here
SC upholds Varutha Developers resolution plan
In a ruling reinforcing the finality of insolvency proceedings under the Insolvency and Bankruptcy Code (IBC), the Supreme Court of India has dismissed a civil appeal filed by Ganga Construction (Consortium) challenging the resolution plan for Varutha Developers Pvt. Ltd. A Bench comprising Justices Sanjay Kumar and K. Vinod Chandran upheld the resolution plan submitted…
Elon Musk warns America will '1,000%' go bankrupt, 'fail as a country' due to crazy debt — but says there's a force that can save us. Protect yourself – MSN
Elon Musk warns America will ‘1,000%’ go bankrupt, ‘fail as a country’ due to crazy debt — but says there’s a force that can save us. Protect yourself MSN Read the original article here
NCLT allows withdrawal of insolvency proceedings against ATS Knightsbridge under section 12A
ANI | Updated: Mar 22, 2026 14:51 IST New Delhi [India], March 22 (ANI): The National Company Law Tribunal (NCLT), New Delhi Bench, has permitted the withdrawal of corporate insolvency resolution proceedings (CIRP) initiated against ATS Heights Private Limited, the developer of the ATS Knightsbridge project, in exercise of its powers under Section 12A of…
NCLT allows withdrawal of insolvency proceedings against ATS Knightsbridge under section 12A
ANI | Updated: Mar 22, 2026 14:51 IST New Delhi [India], March 22 (ANI): The National Company Law Tribunal (NCLT), New Delhi Bench, has permitted the withdrawal of corporate insolvency resolution proceedings (CIRP) initiated against ATS Heights Private Limited, the developer of the ATS Knightsbridge project, in exercise of its powers under Section 12A of…
Supreme Court Upholds IBC ‘Clean Slate’, Bars Counter-claims but Permits Set-Off Defence in Ujaas Energy Arbitration [Read Order]
In a significant ruling, the Supreme Court partly allowed an appeal, holding that while counterclaims not filed during insolvency proceedings stand extinguished under the Insolvency and Bankruptcy Code (IBC), a limited set-off defence may still be raised in arbitration. The dispute arose from a 2017 rooftop solar project contract awarded to Ujaas by the West…
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The 3 airlines that have entered insolvency in 2026 so far
Several airlines entered liquidation in 2025, according to the UK Civil Aviation Authority, including: Blue Islands Limited (UK) – November Air Kilroe Limited t/a Eastern Airways (UK) – November Play Airlines (Iceland) – September This turbulence in the airline industry has carried over into 2026, with more airlines shutting down or entering insolvency. The 3…
63-year-old sporting goods retailer files Chapter 11 bankruptcy – thestreet.com
63-year-old sporting goods retailer files Chapter 11 bankruptcy thestreet.com Read the original article here
REVEALED: Latest business liquidations in Wyndham – Herald Sun
REVEALED: Latest business liquidations in Wyndham Herald Sun Read the original article here