IBC Annual Digest 2025 Part 2

Supreme Court IBC Moratorium Doesn’t Bar Voluntary Surrender Of Corporate Debtor’s Leased Property To Lessor: Supreme Court Cause Title: Sincere Securities Private Limited & Ors. Versus Chandrakant Khemka & Ors. Citation : 2025 LiveLaw (SC) 774 The Supreme Court on Tuesday (August 5) held that the moratorium under the Insolvency and Bankruptcy Code, 2016 (IBC),…

Well-Known California Companies That Went Bankrupt in 2025

2025 brought a wave of bankruptcy filings across California, affecting businesses in industries ranging from real estate to food service. The filings spanned diverse sectors, including luxury homebuilding, skincare, pizza chains, and healthcare, as rising debt and financial pressures mounted. 11 California Companies That Filed for Bankruptcy in 2025 Eleven companies, including Rizo-Lopez Foods, Brooke…

NCLAT revives Culver Max insolvency plea, faults NCLT for denying chance to cure defects

Mumbai: India’s appellate insolvency tribunal, the National Company Law Appellate Tribunal (NCLAT), has set aside an earlier order of the National Company Law Tribunal (NCLT) that rejected an insolvency petition filed by Culver Max Entertainment, formerly known as Sony Pictures Networks India. In its ruling, the appellate tribunal remanded the matter back to the NCLT’s…