Clean-Cooking Company’s Collapse Touches World Bank and Beyond – Bloomberg.com
Clean-Cooking Company’s Collapse Touches World Bank and Beyond Bloomberg.com Read the original article here
SC spectrum ruling likely to weigh on IBC recovery from Aircel, RCom – Communications Today
SC spectrum ruling likely to weigh on IBC recovery from Aircel, RCom Communications Today Read the original article here
Manheim Industrial prepares insolvency auction for Adelaide-based Big Shed Brewing
Manheim Industrial is auctioning quality brewing equipment and more as part of the liquidation of Adelaide-based Big Shed Brewing, between February 23 and 27. The process will comprise two sales: one for plant and equipment such as brewing line, canning line, fermentation tanks, pumping equipment and catering gear; the other for around $300,000 worth of…
Canara Bank launches INR 577 crore debt auction for Supreme Housing amid insolvency proceedings – Prop News Time
Canara Bank launches INR 577 crore debt auction for Supreme Housing amid insolvency proceedings Prop News Time Read the original article here
What Polymatech Electronics issue tells us amid IPO launch
The Chennai Bench of the National Company Law Tribunal (NCLT) has issued notice to Polymatech Electronics Limited in response to an insolvency petition filed by operational creditors alleging a default of ₹157.20 crore. The petition has been initiated under the Insolvency and Bankruptcy Code (IBC), seeking commencement of the Corporate Insolvency Resolution Process (CIRP). At…
Insolvency Courts Not a Debt Collector, Rules Tribunal in Celebrity Endorsement Dispute – Sri Lanka Guardian
Insolvency Courts Not a Debt Collector, Rules Tribunal in Celebrity Endorsement Dispute Sri Lanka Guardian Read the original article here
Radhagobind Commercial in Insolvency Sees Profits Fall Sharply Year-on-Year – Whalesbook
Radhagobind Commercial in Insolvency Sees Profits Fall Sharply Year-on-Year Whalesbook Read the original article here
$15.3m Debt: Court Declares Oil Firm Insolvent, Appoints Aiboni As Receiver-Manager – leadership.ng
$15.3m Debt: Court Declares Oil Firm Insolvent, Appoints Aiboni As Receiver-Manager leadership.ng Read the original article here
Stagnant recovery rates signal need for structural overhaul
Nine years after its inception, India’s Insolvency and Bankruptcy Code (IBC) continues to deliver a sobering reality check for creditors: recovery rates remain stubbornly anchored around 32 per cent, meaning lenders face an average haircut of approximately 68 per cent on admitted claims. The latest data from Q3FY26 reveals a marginal decline in recovery rate…
Insolvency Auction: Big Shed Brewing – The Crafty Pint
Insolvency Auction: Big Shed Brewing The Crafty Pint Read the original article here