Multimillion-dollar liability grows amid tech start-up’s bankruptcy battle – ThePost.co.nz
Multimillion-dollar liability grows amid tech start-up’s bankruptcy battle ThePost.co.nz Read the original article here
Delhi High Court urges review of govt tender conditions affecting insolvent companies
The Delhi High Court has asked the Centre to revisit its bid conditions that impose blanket ban on the companies having undergone corporate insolvency resolution process in the last seven years from participating in the government tenders. It said that while the courts cannot introduce or delete any tender condition, the government as also the…
HNGIL’s Insolvency Fiasco: The Dysfunction of the CoC and the RP in the HNGILCIRP
Brief Facts The evolving interface between competition law and insolvency regulation has given rise to a complex set of questions regarding regulatory sequencing, statutory harmonisation, and market oversight. The Committee of Creditors (CoC), under the Insolvency and Bankruptcy Code, 2016 (“IBC”/ “the Code”), are entrusted with the responsibility of reorganisation and resolution of a debt-ridden…
Bankruptcy-bound Supertech gives possession of 6k flats in last 3 years; 15k buyers still stuck
Crisis-hit realty firm Supertech Ltd, which is facing insolvency proceedings, has given possession of 6,121 apartments to its customers over the last three years across various housing projects, according to RK Arora, a former director of the debt-ridden firm. These units have been delivered across 16 under-construction projects by the company’s ex-management, under the supervision…
Supertech Delivers Over 6,000 Flats Amidst Insolvency Crisis; 15,000 Buyers Still Waiting, ETRealty
NEW DELHI: Crisis-hit realty firm Supertech Ltd, which is facing insolvency proceedings, has given possession of 6,121 apartments to its customers over the last three years across various housing projects, according to RK Arora, a former director of the debt-ridden firm. These units have been delivered across 16 under-construction projects by the company’s ex-management, under…
Bankruptcy-bound Supertech gives possession of 6k flats in last 3 yrs; 15k buyers still stuck
New Delhi, Sep 1 (PTI) Crisis-hit realty firm Supertech Ltd, which is facing insolvency proceedings, has given possession of 6,121 apartments to its customers over the last three years across various housing projects, according to RK Arora, a former director of the debt-ridden firm. These units have been delivered across 16 under-construction projects by the…
Big rise in the number of Welsh start up firms – business-live.co.uk
Big rise in the number of Welsh start up firms business-live.co.uk Read the original article here
HMRC chasing £90m in unpaid taxes after staffing firm Challenge rescued from insolvency
HM Revenue & Customs is seeking to recover about £90 million in unpaid taxes from temporary staffing business Challenge Recruitment Group, after the company was rescued from insolvency in an £18 million pre-pack administration deal. The US workforce platform swipejobs acquired Challenge’s core assets in July, taking over contracts with major UK clients including Tesco,…
Welsh business start-ups surge 25% as insolvencies fall
The number of new businesses set up in Wales rose by 25.3% in July 2025 compared to the same month last year, while insolvency-related activity in the region fell by 19.7% over the same period, according to new research from R3, the UK’s restructuring, turnaround and insolvency trade body. R3’s analysis of data provided by…
Adgemis insolvency vote delayed amid regulator concerns – The Greek Herald
A crucial vote on Jon Adgemis’ proposed personal insolvency agreement has been pushed back to October 9, after his bankruptcy trustees adjourned last Friday’s creditors’ meeting without a resolution. The embattled publican, who owes around $1.8 billion, had put forward a deal that would return creditors just 0.15 cents in the dollar, partly funded by…