The Capital Markets Board (CMB) has released updated lists detailing the status of cryptocurrency platforms operating in the Turkish market, following the June 30 deadline for license applications. This update comes as more companies have been added to the liquidation list, bringing the total number of companies applying for liquidation to 45. Notable among these…
Updated Jul 18, 2025 23:53 IST Reliance Infrastructure Insolvency Stayed: In a regulatory filing on Friday, Reliance Infrastructure said that NCLAT has stayed an NCLT order over an appeal filed by it. In a regulatory filing on Friday, Reliance Infrastructure said that NCLAT has stayed an NCLT order over an appeal filed by it. Earlier…
The company is selling its remaining inventory to pay off millions in debt, court papers said. (Sheila R. McCann |The Salt Lake Tribune) Signs in the windows of the Sundance Catalog Outlet in Salt Lake City advertise the company’s closing sale. The going-out-of-business sign apparently is up at Sundance Living, the apparel and household decor…
Loch Lomond Seaplanes cancelled all its flights and issued a message on its website in April to confirm it had ceased trading. A pop-up message on the website, which is still available, states: “Please be advised that Loch Lomond Seaplanes has ceased trading. If you have tickets or a flight booked then someone will be in touch…
NCLAT Stays Insolvency Proceedings Against Reliance Infrastructure NDTV Profit Read the original article here
Up to $500,000 worth of orders from a Sydney furniture firm remain undelivered after the company entered voluntary administration. Customers of Inventis furniture brands may be left in limbo after five companies, including Bassett Furniture, Gregory Commercial Furniture, and Workstations, went into voluntary administration in late June. The ASX-listed group owes nearly $30million, according to…
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…
New Delhi: Reliance Infrastructure Ltd on Friday said appellate tribunal NCLAT has stayed the insolvency proceedings against the company following a repayment of Rs 92.68 crore towards tariff as per an energy purchase agreement. Reliance Infrastructure in its latest regulatory filing said that the National Company Law Appellate Tribunal (NCLAT) has stayed an NCLT order…
The National Company Law Appellate Tribunal, Principal Bench, New Delhi, comprising Justice Ashok Bhushan (Chairperson) and Barun Mitra (Member – Technical), has ruled that the application u/s 9 of the IBC, 2016, cannot be sustained if the operational debt is settled before the date of admission. Background of the Case Section 9 IBC application, seeking…
Book Release of Corporate Insolvency: The Road to Viksit Bharat – Law, Policy and Practice SCC Online Read the original article here