The National Company Law Tribunal has allowed the withdrawal of corporate insolvency resolution proceedings against ATS Group‘s Nobility Estates Private Limited, the developer of the premium residential project Le Grandiose in Sector 150, Noida, bringing relief to more than 600 homebuyers. The withdrawal application was filed by resolution professional Hitesh Goel on behalf of ASK…
Liquid Wind AB Declared Bankrupt Liquid Wind AB, the parent company of the Liquid Wind Group, was declared bankrupt on 11 May 2026. Lawyer Lars Melin of the law firm Styrks was appointed as bankruptcy trustee. Affected employees have held meetings with the bankruptcy trustee and his colleagues at the law firm handling the bankruptcy…
Swedish power-to-fuel developer Liquid Wind has been declared bankrupt, dealing a blow to a company that had positioned itself as one of the leading Nordic developers of e-methanol projects targeting the shipping sector. The Gothenburg-based company entered bankruptcy proceedings on May 11, with lawyer Lars Melin of Swedish law firm Styrks appointed as trustee. Liquid…
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E-fuels firm Liquid Wind is up for sale after declaring bankruptcy gasworld Read the original article here
Parsvnath Developers Ltd Enters Insolvency Process Under NCLT Whalesbook Read the original article here
NCLT Dismisses Insolvency Application Against Heranba Industries’ Wholly Owned Subsidiary scanx.trade Read the original article here
The National Company Law Tribunal (NCLT) at Mumbai on Wednesday admitted Canara Bank’s Section 7 insolvency petition against Supreme Housing & Hospitality Private Limited over a default of ₹567.43 crore and initiated corporate insolvency resolution process (CIRP) against the company. A Bench of Judicial Member Nilesh Sharma and Technical Member Sameer Kakar observed: “Accordingly, in…
Parsvnath Developers Ltd is now subject to a Corporate Insolvency Resolution Process (CIRP) after the National Company Law Tribunal (NCLT) admitted a petition related to a default of ₹452.34 crore. This step marks a significant challenge for the real estate firm and could lead to management changes and restructuring under the Insolvency and Bankruptcy Code…