The National Company Law Tribunal (NCLT), Kolkata Bench, has recently held that after the omission of the provisions permitting going-concern sales under the Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016, it cannot allow the sale of a corporate debtor as a going concern or as a continuing juristic entity during liquidation. The…
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With liquidations soaring and six-figure debts making headlines, let’s look at the figures (and the bigger picture). Prices are up everywhere (the cheese! the butter!). Across the country people have one eye on their bank statements and the other on fuel prices. Headlines about restaurant liquidations arrive each morning like clockwork. And yet… hospitality spend…
North East surgeon whose work is under review liquidates his company The Northern Echo Read the original article here
REVEALED: Latest business liquidations in Vincent Daily Telegraph Sydney Read the original article here
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NCLT rejects insolvency plea against Noida Metro Rail Corporation over contractual dispute Prop News Time Read the original article here
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A company behind a UK leather retailer has plunged into liquidation as stores across the UK have shut their doors for the last time, with one opened for 43 years Several of the Lakeland Leather stores have closed (Image: Google Maps) The company that operated a UK leather retailer has plunged into liquidation with several…