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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The Supreme Court on Monday, July 21, dismissed the petitions filed by the BCCI and Riju Ravindran, brother of Byju Ravindran, seeking withdrawal of insolvency proceedings against Byju. The court also refused to consider the settlement between the crisis-hit edtech company and the BCCI. A bench of Justices JB Pardiwala and R Mahadevan refused to…
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SC dismisses appeals of BCCI, BYJU’S promoters against NCLAT order in insolvency withdrawal case ANI News Read the original article here
Well, it’s official—another chapter in the long and rocky history of Fiat Chrysler’s attempts in China has come to a close. The Guangzhou Automobile Group Co., Ltd (GAC) – Fiat Chrysler Automobiles (FCA) joint venture, once seen as a promising gateway into the world’s largest auto market, has now been declared bankrupt. On July 8th,…