By Surendra Raj Gang On February 4, the Insolvency and Bankruptcy Board of India (IBBI), issued a discussion paper on proposed amendments for solutions to operational challenges encountered in the Corporate Insolvency Resolution Process (CIRP) and the liquidation process under provisions of the Insolvency and Bankruptcy Code, 2016 (IBC). One of the proposed amendments is…
Uniply Industries Initiates Insolvency Resolution Process TipRanks Read the original article here
TV presenter Gail Porter has spoken out about her fears of facing homelessness again after being declared bankrupt and spending time on her friends’ sofas TV Lauren Morris Live TV Editor and Tasha Hall Showbiz and Trends Reporter 10:43, 28 Mar 2025 Gail Porter has opened up about her experience homelessness on Good Morning Britain…
Darts star declares bankruptcy and fears losing his home Daily Mail Read the original article here
Source: Straits Times Article Date: 21 Mar 2025 Author: Selina Lum Judge finds he intended to gift properties, making her both the legal and beneficial owner. The High Court on March 20 dismissed a claim by motoring tycoon Peter…
How did 23andMe go bankrupt? The same way bankruptcy was described by Ernest Hemingway in 1926: “Two ways: Gradually, and then suddenly.” Since its founding in 2006, the company, which aimed to give consumers access to their genetic information, faced what seemed like one killing blow after another: questions of whether its business was ethical,…
23andMe, the popular genetic testing service with DNA samples collected from millions of Americans, announced it is voluntarily filing for Chapter 11 bankruptcy. News of the pending bankruptcy came mere weeks after 23andMe’s board rejected an acquisition proposal from the company’s co-founder and CEO Anne Wojcicki. Instead, it will look to restructure its debt and…
Get even smarter with the “Make Me Smart” newsletter. We’ll start your Friday right by explaining the news, rounding up the best stories we read this week and even sharing a cocktail recipe or two. Email address * Subscribe AI company… Read the original article here
The Supreme Court has criticised the National Company Law Appellate Tribunal (NCLAT) for disregarding a binding precedent set by the apex court to the effect that once a resolution plan is approved by the National Company Law Tribunal, claims not included within it cannot be revived later. The bench held that NCLAT had wrongly disregarded…
Bankrupt genetic testing firm 23andMe Holding Co. won permission from a judge to try to sell information about customers’ medical and ancestry-related data, a trove that is considered the most valuable asset in the insolvency case — and has become a source of privacy and safety concerns amid the company’s collapse. Shares in the company…