Business insolvencies expected to climb in 2025 – Insurance Business America
Business insolvencies expected to climb in 2025 Insurance Business America Read the original article here
The duty of fair presentation and the disclosure of matters connected to insolvency (again) – Herbert Smith Freehills Kramer
The duty of fair presentation and the disclosure of matters connected to insolvency (again) Herbert Smith Freehills Kramer Read the original article here
ATS Infrabuild to undergo insolvency process for Rs 5-crore default
The National Company Law Tribunal (NCLT), New Delhi Bench, has admitted an insolvency petition filed by IDBI Trusteeship Services Private Limited against ATS Infrabuild Private Limited for a default of Rs. 5 crore. The petition was filed under Section 7 of the Insolvency and Bankruptcy Code (IBC), 2016. Background of the Case IDBI Trusteeship, acting…
JSW Energy Acquires 3,600 MW KSK Mahanadi Power Company for INR 16,084 Cr – Asia Pacific
JSW Energy Ltd. has completed the acquisition of KSK Mahanadi Power Company Ltd. (KMPCL) pursuant to the Resolution Plan submitted by the company under the corporate insolvency resolution process of the Insolvency and Bankruptcy Code, 2016. The Resolution Plan has now been implemented, and consequently, KMPCL has become a subsidiary of the company. As per…
JSW Energy Acquires 3,600 MW KSK Mahanadi Power Company for INR 16,084 Cr – Asia Pacific
JSW Energy Ltd. has completed the acquisition of KSK Mahanadi Power Company Ltd. (KMPCL) pursuant to the Resolution Plan submitted by the company under the corporate insolvency resolution process of the Insolvency and Bankruptcy Code, 2016. The Resolution Plan has now been implemented, and consequently, KMPCL has become a subsidiary of the company. As per…
A looming threat could bankrupt California counties — and it’s not fires or Trump – San Francisco Chronicle
A looming threat could bankrupt California counties — and it’s not fires or Trump San Francisco Chronicle Read the original article here
Chinese maths star solves geometry problem, Hong Kong actor bankrupt: SCMP’s 7 highlights
We have selected seven stories from this week’s news across Hong Kong, mainland China, the wider Asia region and beyond that resonated with our readers and shed light on topical issues. If you would like to see more of our reporting, please consider subscribing. 1. Chinese maths star Wang Hong solves ‘infamous’ geometry problem Chinese…
Honortech Faces Insolvency Battle As AdGlobal360 Fights For Unpaid Dues – BW Healthcare World
Honortech Faces Insolvency Battle As AdGlobal360 Fights For Unpaid Dues BW Healthcare World Read the original article here
Judge rules against aged care facility in insolvency case
Islamic Society of Melbourne Eastern Region to be wound up following insolvency ruling. (Unsplash) By Shamsiya Hussainpoor The winding-up case involving the Lysterfield Islamic Society of Melbourne Eastern Region Inc. has recently come to a close, with the court making a significant decision that highlights the challenges not-for-profit organisations face when handling financial insolvency and…
Judge rules against aged care facility in insolvency case
Islamic Society of Melbourne Eastern Region to be wound up following insolvency ruling. (Unsplash) By Shamsiya Hussainpoor The winding-up case involving the Lysterfield Islamic Society of Melbourne Eastern Region Inc. has recently come to a close, with the court making a significant decision that highlights the challenges not-for-profit organisations face when handling financial insolvency and…