Retail empire of UK billionaire Philip Green teeters on edge – The Australian Financial Review

Arcadia’s administration would be the UK’s highest-profile retail insolvency in a sector that has already lost more than 125,000 roles in the country since January. It would also mark a stratospheric fall from grace for Sir Philip, who was once dubbed “King of the High Street”. Arcadia would follow Debenhams, the struggling department-store retailer, which…

Explained: Why is the issue of personal guarantors under IBC in SC? – The Indian Express

Written by Aashish Aryan , Edited by Explained Desk | New Delhi | Updated: November 2, 2020 6:52:26 pm The Supreme Court on Friday transferred to itself all the petitions challenging the Insolvency and Bankruptcy Code (IBC) provisions relating to initiation of insolvency proceedings against personal guarantors. The Supreme Court on Friday transferred to itself…

Supreme Court To Decide On Transferring Pending Personal Insolvency Cases To Itself – NDTV

Supreme Court had dismissed SBI’s plea seeking resumption of insolvency proceedings against Anil Ambani New Delhi: The Supreme Court Wednesday said it will pass orders on a batch of pleas filed by Insolvency and Bankruptcy Board of India (IBBI) seeking the transfer of all petitions pending before different high courts challenging the provisions of Insolvency…