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Recoveries of admitted claims under India’s Insolvency and Bankruptcy Code (IBC) nearly halved in the financial year 2025-26, falling to 23% from 46% the previous year, amid escalating delays, as outlined in a report released on Thursday by rating agency Icra. The report highlighted a 5% decrease in the number of cases entering the corporate…
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Dashdot has announced its collapse, entering liquidation as of 28 May, following mounting pressure across Australia’s property investment sector. In an open letter, Dashdot founder Goose McGrath said the company’s downfall was due to a rapid deterioration in economic conditions, investor sentiment, and lending capacity for the company’s move into voluntary liquidation. You’re out of…