New Delhi, The Supreme Court on Thursday commenced hearing afresh a batch of pleas related to its May 2 judgment ordering liquidation of BPSL while setting aside JSW Steel’s resolution plan. SC starts re-hearing BPSL liquidation case A special bench comprising Chief Justice B R Gavai and Justice Satish Chandra Sharma on July 31 recalled…
By JANE DENTON, MONEY REPORTER Updated: 22:15 AEST, 7 August 2025 Sir Lewis Hamilton and Leonardo DiCaprio-backed synthetic meat restaurant group Neat Burger entered liquidation last month, Companies House documents show. Hamilton once said the company was set up to ‘make plant-based eating more accessible to everyone whether you eat plant-based all the time or…
A funeral fund that cost Aboriginal clients thousands of dollars in premiums when it collapsed has been hit with a $3.5 million fine, but will not have to pay it due to being in liquidation. The Aboriginal Community Benefit Fund (ACBF), run by Youpla Group Pty Ltd, marketed itself as an Indigenous business and sold…
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Creditors’ meeting scheduled for company formerly linked to Northern Ireland hotel Belfast News Letter Read the original article here
If you’ve purchased components or a computer in the UK in the last twenty-five-plus years, chances are you’ve bought something from ebuyer in that time. Unfortunately, it seems this familiar and trusted retailer may be closing for business. Overclock3D reports that ebuyer sent staff members home earlier than usual on August 6, suspecting closure. The…
The National Company Law Tribunal (NCLT), New Delhi Bench of Shri Manni Sankariah Shanmuga Sundaram (Hon’ble Member Judicial) and Shri Atul Chaturvedi (Hon’ble Member Technical) has held that Financial Creditors can proceed against Personal Guarantors even after the approval of the Resolution Plan, if actionable rights under the guarantee are preserved. The present petition has…
The Insolvency Professional Agency of the Institute of Cost Accountants of India ( ICMAI ) has launched the ‘Research Project Scheme 2025’, inviting research proposals to enhance the knowledge database of key dimensions of India’s insolvency and bankruptcy ecosystem. With grants of up to ₹1.5 lakh per project, the initiative aims to encourage original research…
The Competition Commission of India (CCI) has approved Dalmia Bharat’s proposal to fully acquire the debt-laden Jaiprakash Associates Ltd (JAL), clearing a key hurdle in the latter’s ongoing insolvency process.The green light from the antitrust regulator allows Dalmia Cement (Bharat) Ltd, a wholly owned subsidiary of Dalmia Bharat Ltd, to submit its resolution plan for…
The Supreme Court upheld the ruling of National Company Law Tribunal ( NCLT) that The Insolvency and Bankruptcy Code, 2016 (IBC) moratorium does not prevent the corporate debtor from voluntarily turning over leased property to the lessors if doing so is deemed unfeasible and endorsed by the Committee of Creditors (“CoC”). Sincere Securities Private Limited…