The New Delhi bench of the National Company Law Appellate Tribunal (NCLAT) held that when the admitted dues have been repaid by the debtor there is no point in continuing the Corporate Insolvency Resolution Process. The corporate debtor, M/s Rajasthan Land Holdings Ltd. (RLHL), was formerly a fully owned subsidiary of M/s Road Infrastructure Development…
400 jobs at risk as major retailer goes bust The Australian Read the original article here
The Mumbai bench of the national company law tribunal (NCLT) has granted a 90-day extension in the ongoing consolidated corporate insolvency resolution process (CIRP) of Lavasa Corporation Ltd, a planned hill city project in Maharashtra, beginning from 29 May 2025. The latest extension reflects renewed hope for reviving the project through fresh bids. The CoC…
Translated by Nicola Mira Published June 10, 2025 … Read the original article here
Translated by Nicola Mira Published June 10, 2025 … Read the original article here
David Millar’s clothing brand CHPT3 has been saved by the founder of Factor bikes, Rob Gitelis, after the firm entered ‘voluntary liquidation’ last December. Millar, 48, became brand director at Factor in January after what appeared to be the end of his clothing brand. However, in an email update circulated by CHPT3 on Thursday evening…
Lifull Connect, an online classifieds group that operates real estate portals across South-East Asia, has signed on the dotted line to acquire Aussie proptech Digital Classifieds Group three months after it landed in voluntary administration. Digital Classifieds Group is based in Melbourne but runs a real estate platform with operations in Indonesia, the Philippines, Bangladesh…
Translated by Nicola Mira Published June 10, 2025 … Read the original article here
Founded by Kilbarchan resident John McBarron in 2023, the non-profit organisation aimed to provide transport from Johnstone to the surrounding areas after residents complained from the community about the quality of bus services. In a post on social media, the former director attributed the “difficult decision” to cease operations due to “rising costs and cash flow” challenges. The firm…
By Alex Davidson ( June 10, 2025, 4:50 PM BST) — A U.K. government agency responsible for investigating company insolvencies has appointed its first crypto-specialist to help recover digital assets such as bitcoin for creditors…. Law360 is on it, so you are, too. A Law360 subscription puts you at the center of fast-moving legal issues,…