The Supreme Court ruling in the SKS Power insolvency matter has brought finality to a long-running contest over control of the company, while also casting fresh light on the role of former promoter Anil Gupta in the background of the dispute. The case arose from the corporate insolvency resolution process of SKS Power Generation (Chhattisgarh)…
Update: 3/2/26 Last month, Nacon, the publisher behind the upcoming GreedFall: The Dying World, filed for insolvency, a move indicating the publisher is out of money. Insolvency entails a request to initiate judicial reorganization proceedings, which could change many aspects of the company. At the time, Nacon did not indicate its upcoming Nacon Connect showcase,…
Having filed for insolvency last week, French publisher Nacon has today postponed the Nacon Connect showcase while the company navigates the crisis that they have found themselves in. Previously scheduled for 4th March, the Nacon Connect stream is now expected to take place in May. In a press release, the company says: “In order to…
French publisher NACON, the company behind releases like last year’s Hell is Us and upcoming titles like Cthulhu: The Cosmic Abyss has had quite a wild week. A week ago today, the company announced it would be hosting a NACON Connect showcase to show off its upcoming releases and give players a tease of what’s…
The chilling effect of insolvency on the exit trail The Business & Financial Times Read the original article here
AuthorAkshat Lakshkar|Published at:2nd March 2026, 5:13 pm Overview SITI Networks Limited has formally disclosed a significant default on interest and principal payments for loans totalling ₹1,206.03 crore. This disclosure comes as the company continues its Corporate Insolvency Resolution Process (CIRP), initiated in February 2023. The ongoing legal proceedings and financial distress highlight a critical situation…
First Brands to sell operations that produce parts for Ford Automotive News Read the original article here
Wondering if you can be a director again after your company has gone through liquidation? Here’s what you need to know about the rules, restrictions, and how to avoid common pitfalls. The general rule If your company has been liquidated, you are generally allowed to become a director of another company. However, there are important…
Worried about personal liability for company debts? Find out when directors can be held responsible and what you can do to reduce the risk. The general rule: limited liability If you’re a director of a company in England or Wales, you’re generally protected from being personally liable for company debts. This is thanks to the…
NCLAT dismisses Dhoot brothers’ plea in ₹5,354 crore SBI insolvency case New Delhi: The appellate tribunal NCLAT has dismissed petitions filed by two Dhoot brothers – Rajkumar Nandlal Dhoot and Pradeep Nandlal Dhoot, challenging the initiation of personal insolvency against them over a default committed by debt-ridden Videocon Industries. Personal Insolvency against the Dhoot brothers…