NCLT Approves Liquidation of Subex's Account Aggregator Services Subsidiary – scanx.trade
NCLT Approves Liquidation of Subex’s Account Aggregator Services Subsidiary scanx.trade Read the original article here
Embattled radio host’s collapsed restaurant debt soars into seven figures – Sky News Australia
Embattled radio host’s collapsed restaurant debt soars into seven figures Sky News Australia Read the original article here
Liquidator rejects impropriety claims over Mines Waterfront assets
Baker Tilly Insolvency PLT said claims of impropriety or manipulation in its role as liquidator in the winding-up of Mines Waterfront Business Park Sdn Bhd are ‘baseless’. (MWBP pic) PETALING JAYA: Baker Tilly Insolvency PLT has rejected allegations of impropriety or manipulation in its role as liquidator in the winding-up of Mines Waterfront Business Park…
NCLAT rejects insolvency plea against Voltas, upholds NCLT order
Appellate tribunal NCLAT has rejected a plea against Voltas, which sought to initiate insolvency proceedings against the Tata Group firm by one of its operational creditors. A two-member NCLAT bench has upheld the earlier orders of the Mumbai-bench of the National Company Law Tribunal (NCLT), which had on May 27, 2025 rejected the petition on…
Redevelopment Rights Not ‘Assets’ Under IBC if Agreement Lawfully Terminated Before Insolvency: SC [Read Order]
The Supreme Court has dismissed an appeal filed by a developer, which is undergoing corporate insolvency resolution, challenging a Bombay High Court order that permitted a housing society to appoint a new developer for a slum redevelopment project. The bench of Justices J.B. Pardiwala and R. Mahadevan held that redevelopment rights under a development agreement…
Staff, clients in limbo as caravan manufacturer Zone RV collapses into voluntary administration
A luxury caravan business has collapsed into voluntary administration, putting at risk the money and dreams of hundreds of customers and staff just weeks before Christmas. Zone Manufacturing Pty, trading as Zone RV in Coolum Beach on the Sunshine Coast, is one of Queensland’s largest RV manufacturers. Rahul Goyal, Catherine Margaret Conneely and Stephen Earel…
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To use this website, cookies must be enabled in your browser. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently making requests to websites without cookies that had previously been set. This appears to be a…
NCLAT Invokes S. 231 to Oversee Corporate Debtor Revival, Grants Final 60‑Day Extension for Arrangement Scheme Implementation [Read Order]
In a significant ruling, the National Company Law Appellate Tribunal (NCLAT), Chennai, has invoked its supervisory power of Tribunal under section 231 and granted a final 60-day extension to implement the arrangement scheme under sections 230-232 of the Insolvency and Bankruptcy Code (IBC) 2016. The Tribunal quashed the cancellation of the Scheme of Arrangement earlier…