New Delhi, Nov 7 (PTI) In a major relief to realty firm Mahagun, the National Company Law Appellate Tribunal (NCLAT) has set aside insolvency proceedings against it and directed the NCLT to hear the petition afresh, considering the fresh status report filed before it over the projects. A two-member bench of the appellate tribunal said the…
NB Distressed Debt Investment Fund to enter voluntary liquidation By Investing.com Investing.com Read the original article here
Dr Michael James Boland publishes article’ The Rise in Corporate Insolvencies – A Return to Normal or Something Deeper? ‘ Maynooth University Read the original article here
The National Company Law Tribunal (NCLT), New Delhi, has admitted an application filed by the State Bank of India (SBI) under Section 7 of the (IBC), thereby initiating the Corporate Insolvency Resolution Process (CIRP) against Giga Pipe Systems India Pvt. Ltd. The application was based on a financial debt default exceeding Rs. 45 Crores. SBI,…
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REVEALED: Latest business liquidations in Brisbane The Courier Mail Read the original article here
Growy Singapore, the operator of an 8,000 m² vertical farm near Changi Airport, has gone into provisional liquidation, marking the end of its operations less than a year after the farm’s official opening in November 2024. In a statement dated October 28,…