Homebuyers Can Invoke IBC Against Developer Despite Pending RERA Case Over Project Delay: NCLT Kochi

The National Company Law Tribunal (NCLT) at Kochi has held that homebuyers are not barred from invoking insolvency proceedings merely because complaints over project delays are pending before the Real Estate Regulatory Authority (RERA, as long as financial default and distress are established under the Insolvency and Bankruptcy Code. Admitting a Section 7 application filed…

Interpark Commerce declared bankrupt by court

Published: 16 Dec. 2025, 19:43 The Interpark building [YONHAP]   The Seoul Bankruptcy Court on Tuesday declared Interpark Commerce, an online retail subsidiary of e-commerce company Qoo10, bankrupt after financial problems arose from Qoo10’s other subsidiaries’ unpaid seller fees.    The decision comes 16… Read the original article here

David Sharaz bankrupted by Linda Reynolds in federal court days after his wife Brittany Higgins | Australia news

David Sharaz has been declared bankrupt in the federal court just days after his wife, Brittany Higgins, was bankrupted in the same Perth court by her former boss Linda Reynolds. The former Liberal senator launched bankruptcy proceedings in October against Higgins and Sharaz after successfully suing the couple for defamation. On Tuesday registrar Camille Goucke…