Liquidation starts for company run by fatal Dunkeswell skydiving business director – Wellington Weekly News
Liquidation starts for company run by fatal Dunkeswell skydiving business director Wellington Weekly News Read the original article here
NCLT Allows Liquidation of Reliance Capital ltd, Appoints Liquidator [Read Order]
The Mumbai bench of the National Company Law Tribunal (NCLT) allowed the liquidation of Reliance Capital Ltd. with the provision of the Insolvency and bankruptcy Code(IBC), 2016 and appointed the liquidator. The Application has been filed under Section 33(2) of Insolvency and Bankruptcy Code, 2016 (“theCode”) read with applicable provisions of the Insolvency and Bankruptcy…
NCLT rejects Application by Dream Warrior Pictures [Read Order]
The National Company Law Tribunal (NCLT), Mumbai Bench has held that it is not the appropriate forum to adjudicate matters related to copyright violations related to ‘Kaithi’ movie and contract termination and rejected application preferred by Dream Warrior Pictures. The applicant, Dream Warrior Pictures file application under Section 9 of the Insolvency and Bankruptcy Code,…
Many North East firms at "crossroads", insolvency expert says – business-live.co.uk
Many North East firms at “crossroads”, insolvency expert says business-live.co.uk Read the original article here
Madras HC Directs Auction Purchaser to Recover Purchase Price from CD and Remit for VAT Dues [Read Order]
In an important, the Madras High Court has held that the Commercial Tax Department qualifies as a ‘secured creditor’ under the Insolvency and Bankruptcy Code ( IBC ) where statutory charges are created on the property of a corporate debtor. Thus, directed the auction purchaser – petitioner, to recover its purchase consideration from the corporate…
Teneo Continues Global Expansion With Acquistion of PwC’s Australia Business Restructuring Unit
Teneo, the global CEO advisory firm, today announced a major expansion of its fast-growing global business with an agreement to acquire PwC’s Australia Business Restructuring Services unit. The transaction further extends Teneo’s market-leading presence across Asia-Pacific, providing its Financial Advisory business with a strong foothold in the Australian market. The team will offer a wide…
EBITDA during CIRP: Who owns it?
The Insolvency and Bankruptcy Code (IBC) was enacted to consolidate and streamline the insolvency resolution process for corporates, partnership firms, and individuals in a time-bound manner. It aims to hasten the resolution process and thereby maximize the value of the assets of such entities. The IBC seeks to balance the interests of all stakeholders, including…
Australia's most acid-tongued food critic gloats after restaurant that blacklisted him collapses – MSN
Australia’s most acid-tongued food critic gloats after restaurant that blacklisted him collapses MSN Read the original article here
Bankrupt Claire’s sells most of its North American business
Jewelry is displayed at a Claire’s store in Novato, California, on June 23, 2025. Justin Sullivan | Getty Images Claire’s announced Wednesday it is selling most of its North American business to private equity firm Ames Watson, just weeks after the jewelry retailer declared bankruptcy. The companies did not disclose any financial details of the…
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To use this website, cookies must be enabled in your browser. 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 making requests to websites without cookies that had previously been set. This appears to be a…