In a recent case, the New Delhi bench of the National Company Law Appellate Tribunal (NCLAT) has held that the claims of the EPFO based on inspection conducted subsequent to initiation of the CorporateInsolvency Resolution Process (CIRP) are unenforceable and cannot be admitted. The Resolution Professional- CA Pankaj Shah filed appeals against the NCLT order.…
Bid to shutter clothing giant dismissed The Australian Read the original article here
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Zee Entertainment Enterprises Limited on Wednesday (September 10) said it has received an insolvency application from IDBI Bank Limited before the National Company Law Tribunal (NCLT), Mumbai, seeking initiation of the corporate insolvency resolution process. The bank, claiming to be a financial creditor, has alleged a default of ₹225.23 crore. The claim is based on…
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Suspended jail sentence for Dunstable company director who owed more than £300,000 tax Luton Today Read the original article here
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Keeley Lord joins the North West business as an insolvency practitioner after 16 years at Begbies Traynor. She qualified as a chartered certified accountant in 2014 and is a fellow of the ACCA. With expertise in corporate insolvency, restructuring, and turnaround strategies. Craig Johns, partner at Cowgills, said: “We are delighted to welcome Keeley to…
The New Delhi bench of the National Company Law Appellate Tribunal (NCLAT) allowed a 45 days extension to complete the Corporate Insolvency Resolution Process (CIRP). The extension was to receive the final plans and complete the voting therein. .ASREC (India) Ltd, the appellant challenged the order dated 30.06.2025, by which application was filed by the…