“Get advice first, decide second”: Director First urges directors to know their position before the options run out

With one in 198 companies in England and Wales entering insolvency in the past year, Director First’s Chris Worden says two straightforward tests give directors the early warning they need KIRKHAM, England, Aug. 26, 2026 /PRNewswire/ — Directors are still leaving it too late to seek advice when their company runs into difficulty, according to Director…

Debenture Holders Retain Right To Initiate Insolvency Despite Trustee Appointment: NCLT Bengaluru

The National Company Law Tribunal (NCLT), Bengaluru has held that the appointment of a Debenture Trustee to represent debenture holders does not take away their independent statutory right as Financial Creditors to initiate insolvency proceedings under Section 7 of the Insolvency and Bankruptcy Code, 2016 (IBC). A Bench comprising Judicial Member Sunil Kumar Aggarwal and…

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