Simbhaoli Sugars gets 3-month extension to hold FY26 AGM – scanx.trade
Simbhaoli Sugars gets 3-month extension to hold FY26 AGM scanx.trade Read the original article here
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Jaiprakash Power sizzles as company agrees Rs 511 crore NARCL settlement | Capital Market News
Jaiprakash Power Ventures surged 9.97% to Rs 16.88 after the company announced settlement terms with National Asset Reconstruction Company (NARCL) in connection with insolvency proceedings initiated earlier this year. Jaiprakash Power Ventures said NARCL and the company have agreed to settle the matter and claim for Rs 511 crore as full and final payment. The…
IBC at Ten: How Insolvency Law Has Reshaped In-House Legal Strategy — TradingView News
A decade after its enactment, the Insolvency and Bankruptcy Code has reshaped corporate risk management, contracting, transaction structuring and distressed acquisitions. For general counsel, the evolving framework calls for early intervention, careful diligence and rigorous procedural compliance. Teng Years of IBC: The General Counsel Perspective As a transformative legislation, the Insolvency and Bankruptcy Code, 2016…
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Hospitality Insolvencies Decline, but Caution Needed to Avoid Derailing Recovery
The latest company insolvency statistics show accommodation and food services insolvencies dropped 24% from 306 in July 2026 to 233 in August 2026 and were down 12% year-on-year from 266 in August 2025. Saxon Moseley, partner and head of leisure and hospitality at leading audit, tax and consulting firm RSM UK, said: “The summer heatwave…
Business insolvencies remain stable – Credit Connect
Latest figures from the Insolvency Service have shown the number of business insolvencies in England and Wales increased by 1% in August 2026 when compared to the previous month, with 1,946 cases compared to 1,934 in July. August’s figure was 3% lower than the same month in 2025, when there were 2,007 cases. The number…
Scottish business insolvencies fell in August 2026 – Credit Connect
Scottish business insolvencies fell in August 2026 Credit Connect Read the original article here
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NCLT directs Bira 91 parent B9 Beverages into mediation over insolvency proceedings
The National Company Law Tribunal (NCLT) in New Delhi has ordered B9 Beverages Limited, the parent company of craft beer brand Bira 91, and its creditors to attempt mediation to settle ongoing insolvency proceedings. The September 15 order was issued by a special bench comprising Judicial Member Ashok Kumar Bhardwaj and Technical Member Ravindra Chaturvedi…