NAXS AB (publ), The Board of Directors announces the intention of an amended investment mandate to allow for an orderly liquidation process and proposes an extra cash dividend

NAXS AB The Board of Directors of NAXS AB (publ) (“NAXS” or the “Company”) announces its recommendation to amend the Company’s investment mandate to allow for an orderly liquidation process of its existing portfolio of assets. The NAXS share has traded at a persistent discount to net asset value over a long period of time.…

A boom in businesses going bust

Dragonboat restaurant opened in the 1990s, and is now going into liquidation, owing at least 1.4 million dollars to creditors. Photo: RNZ / Yiting Lin The rising cost of living and a pandemic hangover have put the pressure on businesses, sending nearly 1300 into liquidation already this year. New Zealand is riding its highest wave…

IBBI Amends CPE Norms for Insolvency Professionals: Rediff Moneynews

IBBI amends CPE guidelines, mandating in-person training for insolvency professionals from 2026. Learn about the new credit hour requirements. New Delhi, Aug 13 (PTI) The IBBI on Wednesday amended its Continuing Professional Education (CPE) guidelines for insolvency professionals, introducing mandatory in-person learning requirements from 2026. As per the revised framework, IPs must complete a minimum…

IBC Amendment Bill 2025 Promises Quicker Debt Resolutions and Stronger Creditor Power: Know More [Read Bill]

The government has introduced a major reform to India’s insolvency framework with the Insolvency and Bankruptcy Code (Amendment) Bill, 2025. Presented in the Lok Sabha by Finance Minister Nirmala Sitharaman, the Bill seeks to reduce long delays in insolvency cases, strengthen creditor control, and make the resolution process more efficient. Cutting Down Delays in Insolvency…