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India’s Insolvency & Bankruptcy Code struggling to deliver as backlog nears 30,600 cases: Economic survey

Insolvency framework in the country has delivered sharper recoveries, better credit discipline, and cleaner bank balance sheets over the past nine years, but mounting judicial delays and capacity constraints in insolvency courts now threaten to erode these gains, the Economic Survey 2025-26 has warned. Opening its assessment with a blunt diagnosis of institutional stress, the…

Native Instruments files for insolvency amid ongoing financial restructuring

The Berlin-based company behind Traktor, iZotope, and Maschine begins formal restructuring. Photo credit: Native Instruments – Official Native Instruments GmbH, the Berlin based company behind Traktor, Maschine, and other leading music production tools, has entered preliminary insolvency proceedings in Germany. Court documents confirm the filing and the appointment of Prof. Dr. Torsten Martini as the…