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 the conduct of the litigant cannot be considered bona fide when an appeal, re-filed after rectification of defects, challenges a new order different from the…
The National Company Law Appellate Tribunal (NCLAT) New Delhi bench of Justice Rakesh Kumar Jain (Judicial Member), Mr. Naresh Salecha (Technical Member) and Mr. Indevar Pandey (Technical Member) has held that the liability of the Corporate Debtor is not discharged merely because the guarantors were released from their liabilities by the Bank after One time…
Patel said he had secured another accredited employer to take on almost all the employees contracted to work for companies via ProLink after the liquidation was announced. ProLink was a labour recruitment business where staff were hired to work at other companies. Photo / Supplied “I’m a migrant from Fiji. At all times, the welfare…
The National Company Law Appellate Tribunal, Chennai Bench, comprising Justice Sharad Kumar Sharma (Member – Judicial) and Jatindranath Swain (Member – Technical), has addressed the conflict between a secured creditor’s statutory attachment under the Tamil Nadu Revenue Act, 1864, and the liquidation process under the IBC, 2016. The tribunal held that the government’s attachment of…
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GeNeuro SA Announces the Liquidation of Its French Subsidiary GeNeuro Innovation SAS Business Wire Read the original article here
The National Company Law Appellate Tribunal, Delhi held that when the Bankruptcy Trustee does not fulfil its statutory obligation under Section 138(1)(a) of the Insolvency and Bankruptcy Code, 2016, which requires the Trustee to apply for a discharge order after expiry of one year from the bankruptcy commencement date, the Bankrupt who is directly affected…
Solar Group collapse: Kiwibank owed almost $2m, IR almost $1m thepost.co.nz Read the original article here
Southampton-based print and signage firm Print Dimensions bought some of luxury print and packaging specialist Dayfold’s trade and assets after it went into liquidation, according to the company’s liquidators. According to Companies House, the listed directors of Print Dimensions are Daniel Rowdon and Ian Shenton, the latter appointed on 30 May 2025. Shenton is also…
Neville Walton wasn’t expecting forgiveness from the Australian Tax Office. Then the publican discovered a legal way that he could wipe a massive chunk of his historic hotel’s unpaid $350,000 tax bill, and keep himself pulling beers behind the bar. “I’m sure [anybody would] jump at that opportunity,” Mr Walton says. Mr Walton’s story highlights…