A key hurdle is the stiff requirement for a 90% voting threshold from the committee of creditors (CoC) to approve such a withdrawal, even when a viable insolvency resolution plan is near, they said. “One of the key challenges is the requirement of a 90% voting threshold from the committee of creditors (CoC), which is…
Construction insolvencies fell slightly in April, newly published data has revealed. Official statistics from the Insolvency Service show that there were 324 building firm insolvencies during the month, compared to 376 in March. Figures previously revealed by Construction News showed a decline in administrations in April, though the likes of London contractor the Breyer Group…
Latest monthly statistics from the Insolvency Service show that in May 2025, business insolvencies increased while personal insolvencies declined in Northern Ireland. The data showed that there were 53 business insolvencies, which was 20% higher than in May 2024. The insolvencies were driven by an increase in compulsory liquidations. The insolvencies comprised of 33 compulsory…
Scottish business insolvencies increase by 13% Credit Connect Read the original article here
Company insolvencies jump 8% after cost increases MSN Read the original article here
The National Company Law Appellate Tribunal (NCLAT) New Delhi bench of Justice Rakesh Kumar Jain (Judicial Member) & Barun Mitra (Technical Member), dismissed an appeal challenging the National Company Law Tribunal’s refusal to accept a reply filed after the closure of arguments. The Tribunal held that the record of the Court is correct until and…
Chipmaker Wolfspeed Nears Bankruptcy Deal With Lenders Including Apollo Bloomberg Read the original article here
Company insolvencies increase as difficult trading environment continues to bite TheBusinessDesk.com Read the original article here
Standard Solar eyes solar ABS debut as others go bankrupt IFR Asia Read the original article here
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 insolvency resolution, winding up and liquidation, moratorium and dissolution of company. (2025) 256 Comp Cas Insolvency and Bankruptcy Laws — Company…