Category Archives: Liquidation

Avoidance transactions must be disclosed upfront in the Information Memorandum: Amended IBBI regulations

In a bid to make resolution plans more transparent, the Insolvency and Bankruptcy Board of India (IBBI) has amended its regulations, whereby avoidance transactions must be disclosed upfront in the Information Memorandum prepared by the corporate debtor’s resolution professional. Avoidance transactions include undervaluation, fraud, overvaluation, preferential diversion or a combination of some of these. Now,…

Announcement of the commencement of liquidation – NP Bar Bilje and KZB Bashkimi”

Announcement of the commencement of liquidation – NP Bar Bilje and KZB Bashkimi” NEWS Express newspaper 07/07/2025 15:39 NOTICE TO ALL CREDITORS AND OWNERS OF ENTERPRISES PLACED IN THE LIQUIDATION PROCESS BY THE KOSOVO PRIVATIZATION AGENCY The Board of Directors of the Privatization Agency of Kosovo has approved the initiation of the… Read the original…

Dartbrook enters voluntary administration – Australian Mining

Dartbrook coal mine. Image: Australian Pacific Coal The Dartbrook coal mine in New South Wales has been placed into voluntary administration and receivership after making its return to operations in late 2024. Situated in the Hunter Valley region, the Dartbrook coal mine is an 80:20 joint venture between Australian Pacific Coal and Tetra Resources. On…

Methodology and Quality Document – Company Insolvency Statistics May 2025

1. Data sources and data validation Individual-level company insolvency data for England and Wales, Scotland and Northern Ireland were sourced from Companies House (except for compulsory liquidation data for England and Wales and Northern Ireland, see below). Companies House conducts a series of basic checks on the data, including the removal of duplicate records, prior…

JAL Insolvency: Lenders Reject Jaypee Infratech’s Bid: Rediff Moneynews

Lenders reject Jaypee Infratech’s bid to acquire bankrupt Jaiprakash Associates Ltd (JAL). Five other companies submitted resolution plans. JAL’s assets include real estate, cement, and hospitality. New Delhi, Jul 5 (PTI) Lenders of Jaiprakash Associates Ltd (JAL) have turned down Jaypee Infratech’s request to accept its resolution plan to acquire the bankrupt diversified company. Five…