MPS declares bankruptcy | Labels & Labeling

Four Dutch entities in the MPS Group were declared bankrupt via the Dutch court system. MPS Holding, MPS Systems, MPS Service & Commissioning and MPS Supply Chain have been declared bankrupt in the Netherlands as of October 28. There are currently no official court reports, but those affected can get official updates via the Dutch Central Insolvency Register.…

Government To Close Insolvency And Bankruptcy Law Loopholes? New Rules Coming Soon, BIG Change Expected In Blood Relation Clause | Personal Finance News

New Delhi: The government is gearing up to make some of the biggest changes yet to the Insolvency and Bankruptcy Code (IBC) in the upcoming winter session of Parliament. While the law has seen several amendments since it was first introduced in 2016, the proposed IBC Amendment Bill 2025 is expected to be the most…

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Big changes likely in Insolvency and Bankruptcy Code?

Are there major changes in the Insolvency and Bankruptcy Code (IBC) on the cards? According to sources, the country’s bankruptcy law could see a major overall during the upcoming Winter Session of Parliament, which typically commences in late November and runs for a month. Among the proposed changes, industry stakeholders have sought the existing rules…