2 min readNew DelhiFeb 5, 2026 05:57 AM IST The Centre on Wednesday told the Supreme Court that it is “seriously considering” looking at the alleged misuse of proceedings under The Insolvency and Bankruptcy Code, 2016, by companies facing insolvency. Solicitor General Tushar Mehta conveyed this to a three-judge bench presided by Chief Justice of…
Hyderabad: BRS working president KT Rama Rao has alleged that an insolvent company, KLSR Infratech Ltd, was awarded nearly 6,000 crore worth of contracts by the Congress govt. He said the company got contracts in Jal Jeevan Mission, Young India residential schools construction, irrigation projects and road development projects.Speaking at a press conference at Telangana…
The joint-stock company “Maroqand,” which caused a great stir in the fintech market of Uzbekistan, was officially declared insolvent. According to the decision of the Tashkent Interdistrict Economic Court dated February 2, 2026, liquidation proceedings have begun for this company, which owned the popular payment system UPay. This event is seen as a logical continuation…
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Special court discharges DHFL in Rs 5,050 crore money laundering case, citing immunity under IBC. Individuals still liable. Mumbai, Feb 4 (PTI) A special court in Mumbai has discharged now defunct Dewan Housing Finance Corp Ltd (DHFL) in a Rs 5,050 crore money laundering case, ruling the company under new management is entitled to statutory…
By Harry Mottram: Paignton Zoo and Newquay Zoo were put up for sale last year, Axe Valley Wildlife Park has closed down and Helsinki’s Ahtari Zoo has been sold for one euro with all these animal attractions suffering the same problems: historic debt, rising costs and falling visitor numbers. Borth Wild Animal Kingdom in Wales…
Birmingham City Council declares end of ‘bankrupt’ status TheBusinessDesk.com Read the original article here
Dion Global Solutions Reports Q3FY26 Profit of ₹68.89 Lakhs Despite Ongoing Insolvency Process scanx.trade Read the original article here
KTR alleged that, fearing exposure, the Chief Minister staged a “political diversion” by announcing the formation of a Special Investigation Team (SIT) into phone-tapping cases involving BRS leaders. Published Feb 04, 2026 | 5:39 PM ⚊ Updated Feb 04, 2026 | 5:39 PM Share The former minister demanded a comprehensive probe into KLSR, suspension of…
IICA Organises Specialised Training Program on Companies Act, Competition Law & Insolvency and Bankruptcy Code for IES, ITS officers India Education Diary Read the original article here