Supreme Court Considers Committee to Oversee Supertech Realtors Co-Developer Appointment, ETRealty

NEW DELHI: The Supreme Court on Thursday mulled setting up a committee to oversee the bidding process and appointment of a co-developer for the construction of stalled residential apartments, offices, retail space besides a luxury hotel by Supertech Realtors. Supertech Realtors is a subsidiary of beleaguered realty major Supertech, which is facing insolvency proceedings along…

Administration as a Business Rescue Tool: Preserving value and investor confidence in Nigeria

A. INTRODUCTION Nigeria’s business landscape has always been dynamic, but in recent years it has become increasingly volatile. Currency fluctuations, inflationary pressures, tightening access to credit, and shifts in regulatory policies have all combined to push many Companies closer to financial distress. As the risk of being insolvent increases, businesses are finding themselves at critical…

Superlight declared bankrupt, restart in the works

The Twente-based startup Superlight Photonics was declared bankrupt this week due to irreconcilable differences between founder Haider Zia and the shareholders about further financing. CEO Cees Links told Bits&Chips he’s currently working with the court-appointed trustee on a restart. “The entire management team is behind this, and at the moment, it’s business as usual for…

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Comp Cas: Latest Cases on Company Laws

Stay informed about the latest case laws on Company Law with this comprehensive overview as we delve into the latest cases reported in the Company Cases (Comp Cas), focusing on critical issues such as Corporate Insolvency, Banking business, Dishonour of cheque, Securities Market Transactions, Resolution plan, Moratorium, Winding up and Liquidation. (2025) 554 Comp Cas…