4 Vacancies, staffing shortages, structural risks and delayed insolvency cases expose institutional strain The Supreme Court’s sharp observations on Thursday that the Ministry of Corporate Affairs (MCA) had “completely hijacked” the administration of the National Company Law Tribunal (NCLT) have brought the functioning of India’s corporate adjudication system under scrutiny, with the tribunals facing vacancies…
REVEALED: Liquidator appointments for businesses in the Hume council area for October 31 Herald Sun Read the original article here
REVEALED: Liquidator appointments for businesses in the Casey council area for October 31 Herald Sun Read the original article here
Poundland sales ‘flying’ despite owner pushing for bankruptcy The Times Read the original article here
About Pace Commodity Brokers Pace Commodity Brokers Private Limited is part of the PACE Group, which operates in the financial services sector in India. The group has business interests in stockbroking, commodity markets, financial services and investment-related activities. The organisation provides services connected with financial markets and transactions. Its operations involve different legal and regulatory…
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Kochi: Police in Ernakulam have opened a criminal investigation against GLAS Trust Company LLC and several others following claims that a key lender-authorisation document used in the insolvency of Think & Learn Private Limited (the parent of BYJU’S) was fabricated. An FIR (No. 0736/2026) was filed on October 20 at Palarivattom Police Station under Sections…
Supreme Infrastructure moves closer to settling ₹2,200 crore debt after NCLT extends payment deadline Livemint Read the original article here
NEW DELHI: India’s insolvency regulator has opened the door to shielding financially sound real estate projects from bankruptcy proceedings against their developers, potentially sparing homebuyers from the consequences of defaults elsewhere in a developer’s portfolio. Under regulations notified by the Insolvency and Bankruptcy Board of India (IBBI), a committee of creditors (CoC) can recommend that…
REVEALED: Liquidator appointments for businesses in the Maribyrnong council area for October 30 Herald Sun Read the original article here