NCLT Approves Capri Global’s Resolution Plan for SevenHills Healthcare with Reliance Strategic Support

RIL received the intimation from the Resolution Professional on January 28, 2026, at 7:13 p.m. (IST). The company has submitted this disclosure to the BSE, NSE, Luxembourg Stock Exchange, and Singapore Exchange in compliance with the SEBI Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015. This approval marks a significant step in the financial restructuring…

Solfest festival comany goes into liquidation

The company behind an independent festival has announced it is going into liquidation. Solfest has taken place at North Lakes Country Park, near Silloth in Cumbria, for more than 20 years and has hosted the like of The Proclaimers and Basement Jaxx. The cost of living crisis, extreme weather and historical debts were all given…

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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…

NCLTs will take nearly 10 years to clear pending cases at current rate: Economic Survey of India

However, the survey cautioned that prolonged insolvency timelines erode asset value, disrupt operations and weaken stakeholder confidence. It noted that the Pre-Packaged Insolvency Resolution Process has seen only 14 admissions since its introduction in 2021, reflecting procedural complexity, lack of awareness, trust deficits in debtor-led processes and funding constraints for MSMEs. Looking ahead, the Economic…