New Delhi: India’s Insolvency and Bankruptcy Code (IBC) is struggling to deliver on its core objective—the timely resolution of cases. In 2024-25, the average duration of insolvency resolution stretched 853 days, far exceeding the mandated 330-day limit. With 30,600 cases pending, it would take at least a decade to clear the backlog at the current 30-bench…
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REVEALED: Latest business liquidations in Brisbane The Courier Mail Read the original article here
We have expertise in advisory and litigious matters. These include experience advising clients with unfair preference claims, deeds of company arrangement, personal liability for breaches of directors’ duties, and assisting administrators, liquidators, receivers and managers, and trustees in bankruptcy, with a broad range of matters. Whether we are acting for the…
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MUMBAI: The insolvency system slowed in the Sept 2025 quarter, with the resolution to liquidation ratio falling to 0.7x from 0.9x in Q1FY26 and FY25.Lender realisations slipped to about 25% of claims and over 77% of corporate insolvency cases are in breach of statutory timelines, even as a parliamentary panel on Tuesday proposed reforms to…
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Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy. 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…
Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy. 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…