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The Insolvency and Bankruptcy Board of India (IBBI) has ordered the suspension of a registered Insolvency Professional (IP) for a period of one year. The action stems from his conduct during the Corporate Insolvency ResolutionProcess (CIRP) of Maa Durga Rice Products Pvt. Ltd., where he submitted a resolution plan from a director of the suspended…
The National Company Law Tribunal (NCLT) Mumbai bench held that section 14 of the Insolvency & Bankruptcy Code, 2016 does not bar such classification as such classification is neither in nature of the institution of suits or continuation of pending suits or proceedings against the corporate debtor or an action to foreclose, recover or enforce…
An error has occurred Your request was blocked by Link11 Web Application Security.If you believe this is the result of an error, contact the administrator of www.tipranks.com. ID: be980d0ab25363e2c86e0c039bc1b3f8, IP Address: 110.232.115.214, Status Code: 471Timestamp: 2025-08-05T14:23:34.064020383+00:00 Read the original article here
Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy. 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…
A businessman who sold seven classic cars for just £1 to another company he controlled has been banned from being a director for six years. Kulbarg Singh, 62, was director of Aldridge Construction Engineering Ltd when he sold all the company assets to Ace Earth Solutions Ltd, of which he was also a director, in…
It’s now the end of the road for XL Express. Image: Scott Donkin/adobe.com Brisbane-based XL Express, which went into voluntary administration in late June, has now gone into liquidation with more than $40 million in estimated debts. XL Express appointed FTI Consulting on June 27 to conduct an “urgent assessment” of the company’s…
Melbourne’s first “hatted” lasagne restaurant, 1800 Lasagne, has collapsed into voluntary administration. Todd Gammel and Matthew Levesque-Hocking of accounting advisory group HLB Mann Judd were appointed as external administrators on July 30. The beloved Thornbury restaurant, which began as a lasagne-delivery service out of founder Joey Kellock’s home during the pandemic, shared the news in…
Reading Time: 2 minutes A meltdown in Mānuka honey processing is continuing through winter with the recent liquidation and receivership of two major operators adding to a roll call of casualties in the sector’s premium honey product market. In late July King Honey Limited and King Honey Holdings were placed into liquidation and receivership. The…
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