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Dayfold enters liquidation | Print Monthly

Luxury print and packaging specialist, Dayfold, has officially appointed liquidators and will be wound up voluntarily. A general meeting about the liquidation took place on July 7th with Alexander Kinninmonth and James Prior, both from FRP Advisory Trading based in Southampton, appointed as liquidators of the company for the purpose of the winding up. The…

Recent case law developments in Singapore’s restructuring and insolvency laws show balancing between pro-rehabilitation policies and pro-creditor policies | Australia | Global law firm

Singapore continues to develop its status as an upcoming international hub for debt restructuring. The nation-state updated and strengthened its restructuring and insolvency laws in recent years, primarily through enacting the omnibus Insolvency, Restructuring and Dissolution Act 2018 (IRDA) and incorporating the UNCITRAL Model Law on Cross-Border Insolvency (the Model Law) into Singapore law. The…

Govt Authority Can’t Seek Status Of Secured Operational Creditor Based On Dues Arising From HPGST Or CGST Acts: NCLAT

The National Company Law Appellate Tribunal (NCLAT) New Delhi bench of Justice Ashok Bhushan (Judicial Member), Mr. Barun Mitra (Technical Member) and Mr. Arun Baroka (Technical Member) has held that GST dues arising from the Himachal Pradesh Goods and Services Tax Act (HPGST) and Central Goods and Services Tax (CGST) cannot be given precedence over…