Synopsis: Dharan Infra-EPC Limited has taken a key step toward coming out of insolvency after settling all its dues with its main lender. The company’s suspended board has responded to have fully repaid Tata Capital Housing Finance, leading to further developments. The shares of this micro cap company majorly engaged in the business of real…
LIQUIDATION NOTICES: Creditors Voluntary Winding-Up – December 2025 Credit Connect Read the original article here
The National Company Law Tribunal (NCLT) at Mumbai has recently ruled that secured creditors cannot rely on the 12-year limitation period for enforcing mortgage rights when filing claims in a corporate insolvency resolution process. For insolvency claims, the Tribunal said, the applicable limitation period is three years. The decision was delivered by a coram of…
Nightlife strip on the brink as half a dozen bars enter administration Sky News Australia Read the original article here
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The Mumbai bench of the National Company Law Tribunal (NCLT) has dismissed the special resolution applicant’s (SRA) plea to treat Rs 350 cr as the Corporate Insolvency Resolution Process (CIRP) cost in the liquidation of Jet Airways. In June 2021, the resolution plan submitted by the Jalan–Fritsch consortium was approved by the NCLT. The plan…
Why Saks Fifth Avenue could face Chapter 11 or liquidation thestreet.com Read the original article here
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Struggling whiskey and vodka company shuts down, no bankruptcy thestreet.com 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…