The spectrum allocated to telecom service providers is not an asset to be subjected to proceedings under the Insolvency and Bankruptcy Code, the Supreme Court ruled on Friday. The landmark verdict has wider ramifications for the telecommunications sector as telecom companies, such as Aircel Group of Companies, have invoked a moratorium on the basis of…
The spectrum allocated to telecom service providers is not an asset to be subjected to proceedings under the Insolvency and Bankruptcy Code, the Supreme Court ruled on Friday. The landmark verdict has wider ramifications for the telecommunications sector as telecom companies, such as Aircel Group of Companies, have invoked a moratorium on the basis of…
NEW DELHI: The Supreme Court on Friday ruled that telecom spectrum cannot be treated as a regular corporate asset during insolvency proceedings under the Insolvency and Bankruptcy Code (IBC). The decision came in the long-running insolvency case of defunct telecom operator Aircel and its subsidiaries, Aircel Cellular and Dishnet Wireless. The dispute centred on whether…
The outgoing NCLT President, Chief Justice (Retd) Ramalingam Sudhakar, praised the National Company Law Tribunal’s crucial role in implementing the Insolvency and Bankruptcy Code (IBC), an essential framework for financial resolutions in India. Sudhakar, who retired on Friday, called for an end to unwarranted criticisms of the IBC, noting the substantial benefits derived from…
On 13 February 2026, the Gothenburg District Court decided to file LIDDS AB (publ) in liquidation (“the Company”) for bankruptcy. Mona Jonasson, Layer at law firm NORDIA Göteborg KB, has been appointed as bankruptcy trustee. The background to the bankruptcy decision is, as previously announced, that the liquidator appointed by the Swedish Companies Registration Office,…
Cell C is officially no longer technically insolvent, according to the company’s first financial results since its listing on the Johannesburg Stock Exchange. Cell C is one of South Africa’s largest mobile operators, but has faced extreme challenges over the last decade. The company was acquired by Blue Label Telecoms in an extremely complex transaction…
Small but influential digital supply chain startup collapses amid tightening capital and slower enterprise adoption A Dutch software company that sought to transform industrial supply chains through additive manufacturing has been declared bankrupt, underscoring mounting pressure on smaller players in the sector as capital tightens and adoption timelines stretch. Dimanex B.V., a Utrecht-based developer of…
Engage Works enters administration as operations move to new company Installation-international Read the original article here
Insolvency Installation-international Read the original article here
Engage Works enters administration as operations move to new company Installation-international Read the original article here