Embassy Developments shares hit lower circuit after finding no sellers for the six straight sessions – Mint
Embassy Developments shares hit lower circuit after finding no sellers for the six straight sessions Mint Read the original article here
NCLAT reiterates project-specific scope for insolvency proceedings against real estate firms, confines CIRP to defaulting project
The National Company Law Appellate Tribunal has reaffirmed that insolvency proceedings initiated by homebuyers against real estate developers must be restricted to the specific project in default, ruling that such actions cannot extend to other unrelated projects of the same corporate entity. The appellate tribunal delivered the ruling while deciding an appeal filed by…
UK pet company enters administration after 27 years
Pet Planet, based in Livingston (West Lothian, Scotland), launched in July 1999 and over the past 27 years has become “a trusted destination for everything pets need”. The Pet Planet website reads: “We pride ourselves on offering a wide variety of high quality products and building lasting relationships with our customers. “We’re here to make…
Animation studio behind Umamusume: Pretty Derby and Sentenced to Be a Hero anime announces insolvency amidst $3.54 million deficit – AUTOMATON
Animation studio behind Umamusume: Pretty Derby and Sentenced to Be a Hero anime announces insolvency amidst $3.54 million deficit AUTOMATON Read the original article here
SBI's Largest Defaulter: Dhoot's Rs 61,000 Cr Personal Guarantee Turns into Insolvency Proceedings – BW Businessworld
SBI’s Largest Defaulter: Dhoot’s Rs 61,000 Cr Personal Guarantee Turns into Insolvency Proceedings BW Businessworld Read the original article here
SBI's Largest Defaulter: Dhoot's ₹61,000 Cr Personal Guarantee Turns into Insolvency Proceedings – BW Businessworld
SBI’s Largest Defaulter: Dhoot’s ₹61,000 Cr Personal Guarantee Turns into Insolvency Proceedings BW Businessworld Read the original article here
SBI's Largest Defaulter: Dhoot's ₹61,000 Cr Personal Guarantee Turns into Insolvency Proceedings – BW Businessworld
SBI’s Largest Defaulter: Dhoot’s ₹61,000 Cr Personal Guarantee Turns into Insolvency Proceedings BW Businessworld Read the original article here
The weird insolvency of FTX, and its link to SA business rescues
Sasha Ivanov, the founder of the Waves blockchain, has spent the better part of four years living inside one of modern finance’s strangest afterlives: being pursued by the bankruptcy managers of a company that blew itself to pieces in 2022 and now has enough money to pay many creditors not just in full, but beyond…
The Treasury just declared the US insolvent. The media missed it – MSN
The Treasury just declared the US insolvent. The media missed it MSN Read the original article here
NCLAT upholds project-specific insolvency action for realty firms
New Delhi: The National Company Law Appellate Tribunal has reaffirmed that insolvency proceedings initiated by homebuyers against realty firms must remain confined to the specific project where default has occurred and cannot extend to other projects of the corporate debtor. The appellate tribunal highlighted that putting all other projects of the realty firms, which are…