The Supreme Court today agreed to hear Videocon founder Venugopal Dhoot’s plea against an NCLAT order upholding separate insolvency proceedings for two group entities – Videocon Industries Ltd. and Videocon Oil Ventures Ltd. A bench of Justice P S Narasimha and Justice Alok Aradhe issued notice on the plea of Dhoot and posted the matter…
The Ministry of Corporate Affairs (MCA) has invited comments from stakeholders on a proposed Integrated Platform for Insolvency Ecosystem (iPIE), a unified digital platform aimed at bringing together the multiple institutions, stakeholders and technology systems operating under the Insolvency and Bankruptcy Code (IBC). The ministry on Monday sought suggestions from insolvency professionals, creditors, industry bodies,…
The Supreme Court agreed to hear Videocon founder Venugopal Dhoot’s plea challenging an NCLAT order that upheld separate insolvency proceedings for Videocon Industries and Videocon Oil Ventures. The court issued notice and scheduled the matter for further hearing on August 10 Published Date – 21 July 2026, 02:16 PM New Delhi: The…
New Delhi: The Supreme Court on Tuesday agreed to hear Videocon founder Venugopal Dhoot‘s plea against an NCLAT order upholding separate insolvency proceedings for two group entities – Videocon Industries Ltd. and Videocon Oil Ventures Ltd. A bench of Justices P S Narasimha and Alok Aradhe issued notice on the plea of Dhoot and posted…
The number of Scottish companies falling into insolvency remained broadly unchanged year-on-year in June, according to the latest official figures from Companies House. A total of 104 company insolvencies were registered in Scotland during the month, a similar level to June 2025. The total comprised 61 creditors’ voluntary liquidations (CVLs), 41 compulsory liquidations and two…
By Harry Mottram: The Blackpool printing firm Mark Two Print Limited is in the process of being liquidated by Jessica Leeming and David Acland of FRP Advisory who were appointed at the beginning of July, 2026. The company has blamed a fall in demand and increased competition which made the business financially unviable in a report…
A fraudster who illegally obtained five Covid loans at the height of the pandemic has been jailed. Cardiff-based Rupali Wagh fraudulently applied for £216,250 in Bounce Back Loans for her four companies between May and September 2020. The 50-year-old inflated the turnover of her businesses to secure the loans and used some of the funds…
A fraudster who illegally obtained five Covid loans at the height of the pandemic has been jailed. Cardiff-based Rupali Wagh fraudulently applied for £216,250 in Bounce Back Loans for her four companies between May and September 2020. The 50-year-old inflated the turnover of her businesses to secure the loans and used some of the funds…
Bucharest mayor Ciprian Ciucu has called for the insolvency of the capital’s public transport operator STB, arguing that court-supervised restructuring is the only way to avoid bankruptcy and ensure the payment of employees’ salaries, according to Economica.ro. Speaking at a press conference, Ciucu said STB’s financial situation had become unsustainable and warned that, without entering…
The Supreme Court has issued a stern warning to the directors of real estate developer Parsvnath Developers, making it clear that the company’s ongoing insolvency proceedings cannot be invoked as a defence for failing to comply with orders concerning the dues of homebuyers. A Bench comprising Chief Justice of India Surya Kant, Justice Joymalya Bagchi…