REVEALED: Liquidator appointments for businesses in the Manningham council area for October 20 – Herald Sun
REVEALED: Liquidator appointments for businesses in the Manningham council area for October 20 Herald Sun Read the original article here
REVEALED: Liquidator appointments for businesses in the Manningham council area for October 20 Herald Sun Read the original article here
These are valid concerns regarding the functioning of the IBC once a firm enters insolvency proceedings. However, these very features determine what lenders expect to recover upon default and, consequently, shape the terms on which they extend credit before any default occurs. Thus, evaluating the IBC primarily through resolution outcomes provides only a partial…
The Supreme Court has held that a company’s profitability cannot shield it from insolvency proceedings once a financial debt and a default exceeding the statutory threshold are established. The Bench of Justices Dipankar Datta and Augustine George Masih has clarified that admission of a financial creditor’s application under Section 7 of the Insolvency and Bankruptcy…
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The Principal Bench of the National Company Law Tribunal (NCLT) at Delhi on 12 October held that a financial creditor’s proposal to assign its debt to an Asset Reconstruction Company (ARC) does not prevent it from initiating insolvency proceedings against a personal guarantor. A Bench comprising President Justice Anupinder Singh Grewal and Technical Member Ravindra…
REVEALED: Liquidator appointments for businesses in the Melbourne council area for October 19 Herald Sun Read the original article here
The National Company Law Tribunal (NCLT), Bengaluru, on 12 October permitted termination of the liquidation proceedings against Alpine Wineries Private Limited after its financial creditors’ dues were settled under one-time settlement agreements. A Bench of Judicial Member Sunil Kumar Aggarwal and Technical Member Radhakrishna Sreepada allowed an application filed by Raghavendra Gowda, erstwhile director and…
Kettering-based Azets responds to September 2026 insolvency statistics Northamptonshire Telegraph Read the original article here
How to book a surf camp holiday without losing your money Surfertoday Read the original article here
Falling insolvencies among specialist construction firms, particularly finishing trades, are masking a sharp rise in failures among road and rail contractors, new government figures show. The number of companies classified as constructing roads and railways that entered insolvency rose by 55 per cent in the first nine months of 2026, compared with the same period…