New Delhi: National Company Law Appellate Tribunal (NCLAT), Friday, stayed the initiation of the corporate insolvency resolution process (CIRP) against Reliance Infrastructure as it was informed that the company had settled the due amount. NCLAT also stayed the National Company Law Tribunal (NCLT) order, which admitted Reliance Infra into insolvency over unpaid debt of around…
Big relief for Anil Ambani! Latest update on insolvency proceedings against Reliance Infrastructure MSN Read the original article here
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Despite hit songs, sold-out tours and millions of sold albums, many famous rock stars have found themselves facing bankruptcy. When fans envision a rock star lifestyle, it usually involves sprawling mansions, fast cars and endless nights of partying. What often gets overlooked is the cost of such extravagances. Lavish lifestyles don’t come cheap, the IRS…
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Company insolvencies in England and Wales fall Just in: the number of companies in England and Wales falling into insolvency dropped last month. The Insolvency Service has reported that there were 2,043 registered company insolvencies in England and Wales in June, 8% lower than in May 2025 (2,230) and 16% lower than in June 2024,…
Reliance Infrastructure Ltd. (RInfra) on Friday said the National Company Law Appellate Tribunal (NCLAT), New Delhi stayed insolvency order against the company. On June 4, NCLAT had suspended the National Company Law Tribunal (NCLT), Mumbai’s insolvency order against RInfra after the company settled its dues to its creditors. On May 30, NCLT, Mumbai bench had…
Builder.ai hit with winding up petition by PR firm over unpaid debt Sifted Read the original article here
Company insolvencies in England and Wales fall Just in: the number of companies in England and Wales falling into insolvency dropped last month. The Insolvency Service has reported that there were 2,043 registered company insolvencies in England and Wales in June, 8% lower than in May 2025 (2,230) and 16% lower than in June 2024,…
This week’s company insolvency statistics show accommodation and food services insolvencies rose 6% from 277 in April 2025 to 295 in May 2025, reaching the highest monthly figure since November 2024. Insolvencies in the sector were also up 4% year-on-year. Saxon Moseley, partner and head of leisure and hospitality at RSM UK, said, “Today’s figures…