Radhagobind Commercial Limited Schedules 6th Committee of Creditors Meeting for March 30, 2026 – scanx.trade
Radhagobind Commercial Limited Schedules 6th Committee of Creditors Meeting for March 30, 2026 scanx.trade Read the original article here
NCLAT upholds NCLT Powers, dismisses BSE plea on defreezing demat accounts, ETLegalWorld
New Delhi, The National Company Law Appellate Tribunal (NCLAT) has dismissed appeals filed by the BSE, ruling that insolvency courts have the authority to order the defreezing of Demat accounts of companies undergoing insolvency proceedings. In its order, a two-member bench of the appellate tribunal said the National Company Law Tribunal (NCLT) has clear jurisdiction…
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Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently…
Yatin Steels India liquidator invites bids for ₹476 crore assets
Following a prolonged insolvency process that failed to yield a viable rescue plan, the Mumbai Bench of the National Company Law Tribunal (NCLT) has ordered the liquidation of Yatin Steels India Private Limited. The court-appointed liquidator has now moved to auction the company’s “Not Readily Realisable Assets” (NRRA), including a massive legal claim valued at…
Turkish Wafer Giant Officially Declares Bankruptcy
In a significant blow to the regional food production sector, the Bursa 1st Civil Court of Intellectual and Industrial Rights has officially ordered the bankruptcy of the Turkish wafer giant Master Choco Gıda. Despite an eight-year run that saw the company become a major player in wafer and chocolate production, a final attempt to restructure…
Tax relief for small businesses announced Australia fuel crisis measures begin
The Australian Taxation Office has signalled it will take a practical and proportionate approach to enforcement during the fuel crisis, after calls by small business groups for COVID-style tax relief. Council of Small Business Organisations chief Skye Cappuccio urged the ATO to respond to the current crisis, warning that surging fuel prices, added to rising…
NCLAT upholds NCLT Powers, dismisses BSE plea on defreezing demat accounts
The Nifty dropped 775.65 points, or 3.26 per cent, to close at 23,002.15, while the Sensex fell 2,496.89 points, or 3.26 per cent, to settle at 74,207.24.Twitter The National Company Law Appellate Tribunal (NCLAT) has dismissed appeals filed by the BSE, ruling that insolvency courts have the authority to order the defreezing of Demat accounts…
Hospitality business insolvencies set to rise, expert claims
Salisbury-based Antony Batty & Company Ltd has urged hospitality business owners to be aware of potential warning signs arising from challenges arriving in April. James Stares, a director at Antony Batty & Company, said: “Hospitality enters April 2026 in an already fragile position where insolvencies in pubs, restaurants, bars, and hotels remain well above pre-pandemic…
Hertfordshire dad jailed for dodging school fee debt
Gareth Sowter, 51, of Lower Road, Great Amwell, was declared bankrupt in April 2021 after failing to pay more than £100,000 to the prep school attended by his three sons. He promised to use a sizeable inheritance to settle the debts, but instead transferred more than £100,000 to his friends and family, breaking insolvency laws.…
NCLAT Rejects BSE Pleas on Demat Account Freezing During Insolvency
Appellate tribunal says NCLT has jurisdiction under IBC to defreeze Demat accounts during insolvency proceedings NCLAT upholds NCLT’s power to defreeze Demat accounts The National Company Law Appellate Tribunal (NCLAT) has dismissed the appeals filed by BSE, in which the leading bourse challenged the power of the NCLT to defreeze the Demat accounts of businesses…