Latest figures from the Accountant in Bankruptcy (AiB) have shown that business insolvencies in Scotland fell by 4% in June 2024. The data showed that there were 105 business insolvencies registered in Scotland, 4% lower than the number in June 2024. The insolvencies comprised of 62 CVLs, 37 compulsory liquidations, five administrations and one CVA. There…
The Supreme Court on Monday upheld an order rejecting the appeals of the BCCI and Byju’s co-founder Riju Raveendran seeking withdrawal of insolvency proceedings against his company. A bench comprising Justices J B Pardiwala and R Mahadevan dismissed the appeals filed by the Board of Control for Cricket in India (BCCI) and Raveendran challenging the…
NEW DELHI: The Supreme Court on Monday upheld its earlier order, rejecting appeals by the BCCI and Byju’s co‑founder Riju Raveendran to withdraw insolvency proceedings against Byju’s parent company, Think & Learn. A bench of Justices J.B. Pardiwala and R. Mahadevan dismissed both the BCCI’s and Raveendran’s challenges to the National Company Law Appellate Tribunal’s (NCLAT) April 17…
In a fresh setback for edtech major Byju’s, the Supreme Court has rejected pleas to withdraw insolvency proceedings filed against the company. The pleas were submitted by the cricket board, BCCI and Byju’s promoter Riju Raveendran. BCCI had initiated the insolvency petition over unpaid dues amounting to ₹158 crore. The cricket board is now claiming…
Martine McCutcheon ‘declared bankrupt’ months after split from husband MSN Read the original article here
The book release of “Corporate Insolvency: The Road to Viksit Bharat — Law, Policy and Practice”, authored by leading insolvency lawyer and author Sumant Batra and published by EBC (Eastern Book Company) took place recently in the second week of July in New Delhi. The event featured distinguished dignitaries: Chief Guest: Justice A. K. Sikri,…
Dutch chemical recycler Fuenix Ecogy declares bankruptcy, becoming the seventh in 2024 amid industry-wide financial struggles and uncertain recycling economics. Fuenix Ecogy, a chemical recycling company based in Weert, the Netherlands, has officially declared bankruptcy, joining a growing list of Dutch plastic recyclers facing financial collapse. The bankruptcy was declared by the court of…
The Supreme Court on Monday dismissed an appeal by the Board of Control for Cricket in India, an operational creditor, seeking withdrawal of the corporate insolvency resolution process (CIRP) of Think & Learn, the parent company of online education services company Byju’s. The apex court also dismissed another appeal of Byju’s co-founder Riju Raveendran, who…
KUALA LUMPUR, July 3 – Fashion designer Datuk Jovian Mandagie has reportedly been declared bankrupt by the High Court here for failing to repay a RM5 million loan to a construction company. The Star reported that the court granted the bankruptcy order after Cekap Air Sdn Bhd filed a creditor’s petition over Jovian’s failure to…
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