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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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 Read the original article here
REVEALED: Latest business liquidations in Wyndham Herald Sun Read the original article here
UK tech firm collapses into liquidation after 6 years MSN Read the original article here
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The 3 airlines that have entered insolvency in 2026 with 1,000s of flights axed Redhill And Reigate Life Read the original article here
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…
Woking Borough Council, which declared itself effectively bankrupt, is selling off its flagship regeneration projects. More here: https://bbc.in/4dzbyGT facebook.com Read the original article here