LiveLawBiz IBC Weekly Digest: August 31

Supreme Court Issues Notice In Canara Bank’s Plea Against NCLAT Order Setting Aside Insolvency Admission Of Equinox India Developments Case Title : CANARA BANK (E-SYNDICATE BANK) VS. EQUINOX INDIA DEVELOPMENTS LIMITED Case Number : DIARY NO. – 36294/2026 The Supreme Court on Monday issued notice on Canara Bank’s challenge to the NCLAT order setting aside…

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Twist as sacco moves to block State-picked Kuscco liquidators

A Ruiru-based sacco wants the High Court to block the three liquidators appointed by the Commissioner for Co-operative Development to liquidate the Kenya Union of Savings and Credit Co-operatives (Kuscco) and instead appoint an independent insolvency practitioner. Rupsa Sacco, which is owed Sh108.8 million by Kuscco, says the appointment of the State-picked team threatens existing…