New Delhi: The Insolvency and Bankruptcy Code (IBC) cannot be used as a substitute for debt recovery in disputes that are predominantly contractual in nature, the Supreme Court has said, reaffirming the legal position that insolvency proceedings cannot be invoked in breach of contract cases. The court’s 7 May ruling came while dismissing an appeal…
More than 37K Canadians filed for insolvency proposals in first 3 months of 2026—the highest since 2009 CTV News Read the original article here
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…
NCLT Mumbai Rejects Johnson Screens’ Insolvency Plea Against Shapoorji Pallonji Over Interest Dispute BW Legal World Read the original article here
Who really owns a distressed company? Boards, creditors, society and the limits of shareholder primacy The Guardian Nigeria News Read the original article here
A Cotswolds property firm that carried out high‑end renovation work across the region has been ordered into compulsory liquidation by the High Court. Cotswold Home Makeovers Limited, based in Tewkesbury, has been wound up by the High Court following a petition from a creditor. A winding‑up petition against the firm, company number 11223998, was first…
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…
Listen to this article Estimated 3 minutes The audio version of this article is generated by AI-based technology. Mispronunciations can occur. We are working with our partners to continually review and improve the results. More Canadians are filing for insolvency according to the latest data from the Office of the Superintendent of Bankruptcy, as rising…
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…
NCLT admits CIRP against Parsvnath Developers scanx.trade Read the original article here