Administrators’ warning over Fortress insolvency move – The Times
Administrators’ warning over Fortress insolvency move The Times Read the original article here
Kate Moss’s Cosmoss Brand Enters Liquidation
The Wellness Venture Winds Down After Three Years Kate Moss’s foray into the beauty and wellness industry with her brand Cosmoss has quietly concluded, with the company entering voluntary liquidation proceedings. Just under three years after its launch, documents filed on June 24, 202, confirm the wind-up of the skincare and wellness-focused line, which reportedly…
Australian post-production company Cutting Edge closes its doors after 35 years – Campaign Brief
July 4 2025, 12:50 pm | BY Ricki Green | No Comments After more than three decades in business, leading Australian post-production company, Cutting Edge has officially ceased operations entering into Creditors’ Voluntary Liquidation as reported by FilmInk. The news marks the end of an era for the company, which helped shape hundreds of…
No Cookies | The Courier Mail
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XL Express enters administration | Books+Publishing
Thursday, 3 July 2025 Books+Publishing @booksandpublishing XL Express has gone into voluntary administration after 35 years in business, according to transport industry publication Big Rigs. The company operated one of Australia’s largest independent logistics networks. XL Express provides road express services, including third-party logistics for some distributors servicing the book industry. Big Rigs reported that…
NCLAT Declares Transactions Fraudulent U/S 66 Of IBC Due To Corporate Debtor’s Failure To Diligently Negotiate One-Sided Clause In MOU
The National Company Law Appellate Tribunal (NCLAT) New Delhi bench of Justice Rakesh Kumar Jain (Judicial Member), Justice Mohammad Faiz Alam Khan and Mr. Naresh Salecha (Technical Member) has held that a complete surrender on the part of the corporate debtor to negotiate the terms of the Memorandum of Understanding, by which the property from…
IBBI Notifies Amendments To Simplify Corporate Insolvency Procedures – MSN
IBBI Notifies Amendments To Simplify Corporate Insolvency Procedures MSN Read the original article here
NCLAT Rules Insolvency Law Cannot Override PMLA; Upholds ED’s Asset Attachment
The appellate tribunal held that if there is any attachment by ED under the PMLA, which is “validly made and confirmed, it cannot be undone under IBC (Insolvency and Bankruptcy Code). PTI Last Updated : 06 July 2025, 07:46 IST ADVERTISEMENT Follow Us : Comments Read the original article here
Insolvency law cannot override PMLA says NCLAT upholds asset attachment by ED- The Week
New Delhi, Jul 6 (PTI) Insolvency & Bankruptcy Code cannot override the Prevention of Money Laundering Act (PMLA), said appellate tribunal NCLAT, adding assets of an debt-ridden firm once attached by the Directorate of Enforcement (ED) and confirmed by competent authority cannot be released for its resolution. Under section 14 of IBC, a moratorium is…
Viability Of Corporate Debtor Can't Be Considered While Deciding Petition U/S 7 Of IBC Once Debt &… – Live Law
Viability Of Corporate Debtor Can’t Be Considered While Deciding Petition U/S 7 Of IBC Once Debt &… Live Law Read the original article here