Arch Dental Ltd was founded in 2019 by Dr Razvan Cimpean and Dr Aimee Holloway, but Dr Cimpean had his name erased from the General Dental Council register in September 2023. Per Companies House, Dr Cimpean (also known as Dr Razvan Campeanu) then resigned as a director of Arch Dental in October 2023. A hearing…
In addition to those who have paid money for homes and building projects they have not received, suppliers, including local tradespeople, building professionals and other companies, are among the creditors who face losing hundreds of thousands of dollars. Read the original article here
IBC revisit needed, in law and practice financialexpress.com Read the original article here
Homeslice CVA plan approved by creditors The Caterer Read the original article here
End of line for Elindi empire as High Court places companies under final liquidation order Informanté Read the original article here
The National Company Law Tribunal (NCLT), Mumbai Bench of Sh. Prabhat Kumar (Technical Member) and Sh. Sushil Mahadeorao Kochey (Judicial Member)has held that an application for conversion of a company from a public limited company to a private limited company under an approved resolution plan cannot be rejected on the ground that prosecutions or SFIO…
End of the runway for Mango: Four years on, revival bid finally collapses News24 Read the original article here
Successful Resolution Applicants Are Bound to Implement Resolution Plan Within Statutory Timelines or Face Consequences | Image: Initiative Desk Analysis of TAGUDA PTE LTD V. STATE BANK OF INDIA & ANR. Hardeep Sachdeva, Abhyudai Singh, Swati Sharma & Damini Sinha The Insolvency and Bankruptcy Code, 2016 (“IBC“) establishes a comprehensive time-bound legislative framework, which has…
Administrators appointed to logistics business at risk of liquidation TheBusinessDesk.com Read the original article here
Anil Ambani’s counsel is learnt to have urged the State Bank of India (SBI) to withdraw its decision classifying the debt-laden telecom operator and its promoter-director Anil Ambani as “fraud.” The counsel claimed the move was made “without giving Anil D. Ambani a chance to present his case.” Once among India’s largest mobile service providers,…