Corporate Insolvency and Governance Bill – akingump.com
Corporate Insolvency and Governance Bill akingump.com Read the original article here
Insolvency: How to assess a company’s solvency
An insolvent trading claim was dismissed by the NSW Supreme Court when a creditor was unable to prove that a company was insolvent at the time it incurred its debts. The decision is a useful reminder of the essential elements of an insolvent trading claim, and where the onus of proof lies. This update explores…
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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…
Kotak’s Report Indicates Stable Corporate Credit Despite IBC Challenges, ETBFSI
New Delhi [India], September 3 (ANI): India’s corporate credit cycle is likely to remain stable in the near term, supported by strong corporate balance sheets, moderate debt levels and a capital expenditure cycle largely funded through companies’ own cash flows, according to a report by Kotak Institutional Equities. The brokerage said these factors are expected…
Company Voluntary Arrangements Under CAMA 2020: A Bold Reform or a Weak Tool? -By Oluwaleye Adedoyin Grace
Abstract The Companies and Allied Matters Act 2020 introduced Company Voluntary Arrangements (CVAs) as part of Nigeria’s modern corporate insolvency framework. Designed as a rescue mechanism, the CVA allows a financially distressed company to reach a binding compromise with creditors while continuing in business. This article argues that although the CVA is a bold legislative…
Mankind Pharma Subsidiary Bharat Serums Approves Voluntary Liquidation Pending Creditor Consent
Market snapshot: Mankind Pharma’s wholly-owned subsidiary, Bharat Serums and Vaccines Limited, has received approval from its members for voluntary liquidation. This decision was formalized during an Extraordinary General Meeting on September 7, 2026, as part of a strategic corporate restructuring to integrate operations into the parent company. The liquidation remains contingent on obtaining necessary creditor…
Cube Creative Computer Company placed in judicial liquidation
We have learned that Cube Creative Computer Company has been placed in judicial liquidation as of September 4. The company had been unable to meet its financial obligations since July 30, 2026. The news comes roughly six and a half years after Xilam announced its acquisition of Cube Creative. Specializing in both 3D and 2D…
Hampshire Air Festival cancelled as firm enters liquidation
Organisers, Montserrat Events & Festivals Limited, said the two-day aviation festival would not take place at Thruxton Aerodrome on Saturday, September 12 and Sunday, September 13, 2026. In a statement issued today (Monday, September 7), the company said its directors were taking independent legal and insolvency advice as they began the process. A Montserrat Events…
Global Airlines faces fresh liquidation petition as A380 plans stall – Aerospace Global News
Global Airlines faces fresh liquidation petition as A380 plans stall Aerospace Global News Read the original article here
Hampshire Air Festival cancelled as firm enters liquidation
Organisers, Montserrat Events & Festivals Limited, said the two-day aviation festival would not take place at Thruxton Aerodrome on Saturday, September 12 and Sunday, September 13, 2026. In a statement issued today (Monday, September 7), the company said its directors were taking independent legal and insolvency advice as they began the process. A Montserrat Events…