The Indian government is considering changes to its bankruptcy laws, including streamlining court processes, amid growing concerns over lengthy proceedings and low recovery rates.The Insolvency and Bankruptcy Board of India is finalizing a set of proposals aimed at speeding up resolution. Public consultation is set to end Tuesday, though the deadline may be extended. Global…
(Feb 25): The Indian government is considering changes to its bankruptcy laws, including streamlining court processes, amid growing concerns over lengthy proceedings and low recovery rates. The Insolvency and Bankruptcy Board of India is finalising a set of proposals aimed at speeding up resolution. Public consultation is set to end Tuesday, though the deadline may…
In Dubai, Mehta found a new start and, with the help of a partner, began building Petrochem. In 1995, at 35, Mehta founded Petrochem Middle East. Yogesh Mehta, the founder and CEO of Petrochem Middle East is one of the most influential figures in the chemical distribution industry. Mehta graduated with a Bachelor of Science…
2024-11-12T15:01:00 Spain Assessment of the second year of implementation of the Spanish insolvency reform … Read the original article here
Whistleblower claims exposing corporate corruption in Byju’s insolvency process; implicates Ernst and Young and GLAS Trust in illegal activities MSN Read the original article here
Beston to be liquidated after last ditch rescue bids fails The Australian Read the original article here
SYTECH, a multi-disciplinary consultancy, has further enhanced its leadership team by appointing John Kerrigan as non-executive director. Kerrigan’s career spans nearly three decades, including co-founding Heron Group, operating as CEO and taking up the mantle of SVP at PAREXEL International, with a history of leading growth in the UK and US. Furthermore, his track record…
The Supreme Court has ruled that the Bank of Ghana (BoG) did not make any errors in revoking the license of UniCredit Ghana Limited. A five-member panel, led by Justice Gertrude Sackey Torkornoo, unanimously affirmed this decision, Asaaseradio.com reports. The Supreme Court overturned the Court of Appeal’s decision and upheld the High Court’s ruling in…
Bankruptcies in the retail sector dropped by a quarter in last three months of 2024 NL Times Read the original article here
THE NUMBER of registered construction insolvencies in England and Wales was 291 in December 2024. The December figure is 8% lower than in November 2024 when 316 construction companies went bust. Overall, construction firms accounted for 16.3% of all insolvencies in England and Wales in December 2024, according to the Insolvency Service. By rough comparison, construction…