Preserve emails in Byju’s insolvency case: Karnataka HC

BENGALURU: Granting limited indulgence, Karnataka high court on Thursday issued an interim order directing the resolution professional in the M/s Think and Learn Pvt Ltd (Byju’s) case to preserve all email communications between stakeholders in the case. The court said these emails may be required for the Corporate Insolvency Resolution Process or any related investigation.…

Bankruptcy and Insolvency — TradingView News

(TheNewswire) VANCOUVER, B.C. April 11, 2025– TheNewswire – HighbankResources Ltd. (the “Company”) (TSX.V – “HBK”) This news release isformal notice that Highbank Resources Ltd. has filed a CorporateAssignment in Bankruptcy effective April 10, 2025 under section 49 ofthe Bankruptcy and InsolvencyAct.  The Company  isunable to address any current significant losses nor any furtherobligations as they become due.…

Taxmen defy ‘clean slate’ rule, hit insolvent firms with fresh demands

New Delhi | Mumbai: Assessing officials continue to raise fresh tax demands on companies coming out of corporate insolvency, defying the ‘clean slate’ provision provided under the Insolvency and Bankruptcy Code (IBC) and multiple court rulings, throwing successful resolution applicants into legal limbo. Several such companies have faced tax demands over pre-acquisition liabilities, and have…