The National Company Law Tribunal (NCLT), Mumbai Bench, has held that pending interlocutory applications concerning the affairs of a Corporate Debtor do not prevent liquidation proceedings from commencing. Such applications can instead be pursued by the Liquidator in accordance with law. “Though certain interlocutory applications relating to the affairs of the Corporate Debtor are stated…
ANI | Updated: Sep 03, 2026 14:16 IST 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…
There is a familiar trick in the world of corporate and institutional controversy: take each unpleasant fact, put it in a separate box, and then insist that there is no story because no single box contains the entire story. A criminal proceeding is called “only a proceeding”.A bankruptcy order is called “only a financial matter”.A…
Embattled childcare company Edge Early Learning has permanently closed another Canberra centre, declaring its continued operation “unviable” after receiving a three-month suspension from authorities. The closure of Edge Early Learning in Charnwood in Canberra’s north comes two months after the company’s Higgins service was closed suddenly due to an “immediate risk to the safety and…
At Bathla’s first creditors’ meeting, administrator Teneo said it was in “positive discussions” with five lenders over funding to keep construction going, with Monday morning the key deadline. Teneo senior managing director Stephen Longley said in the virtual call that he hoped to have the funding arrangements in place by the end of today, but…
in brief More than 210 of Bathla’s 350 staff were stood down at a meeting in Sydney on Monday morning. Homebuyers who bought off-the-plan have been left in the dark, uncertain when, or if, their properties will be completed. Property developer Bathla Group has stood down almost two-thirds of its workforce following its entry into…
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There are moments when a luxury car stops being merely a luxury car. Not because owning an expensive automobile is illegal. It is not. Not because a photograph beside a Rolls-Royce proves financial wrongdoing. It does not. But because time has a brutal way of putting old symbols of prosperity next to new documents of…
9 best Home Depot liquidation truckload and pallet companies AZ Big Media Read the original article here
There is a particularly uncomfortable way to build wealth in the public imagination: put schools at the centre of the story, wrap the enterprise in the language of education and social purpose, surround it with charitable trusts and institutions, and let the public see classrooms, children and school uniforms. But when the same ecosystem later…