As the year 2024 nears its end, LiveLaw brings to you a summary of important Supreme Court judgments of the year rendered in connection with the Insolvency and Bankruptcy Code, 2016. The same are as follows: 1. IBC – Is Dissenting Financial Creditor Entitled To Minimum Value Of Security Interest? Supreme Court Refers To Larger…
In a significant move to enhance the functioning of the National Company Law Tribunal (NCLT), the Ministry of Corporate Affairs (MCA) has appointed 24 Judicial and Technical Members to the tribunal’s Principal Bench in New Delhi. The announcement, made on January 7, marks a strategic step towards expediting corporate dispute resolutions and strengthening India’s corporate…
Decision day: Northvolt NOT to be liquidated Norran Read the original article here
KDB Life faces liquidation as private equity fund’s sale becomes unlikely – CHOSUNBIZ 조선비즈 Read the original article here
Northvolt shareholders give company green light to continue operations The Local Sweden Read the original article here
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International law firm Clark Hill has appointed Jennifer Fay as partner in charge of the firm’s Dublin office. Ms Fay, previously deputy member in charge, brings over 20 years of experience in bankruptcy, restructuring, corporate insolvency, and commercial litigation. “I’m delighted and honoured to assume the role of partner in charge of the Clark Hill…
Others Specials Highlights: Post-transaction approval, Nuvoco’s installed cement capacity will increase by over 20% The consolidated capacity will reach 31 MMTPA, ensuring Nuvoco’s position as the fifth- largest cement group in India Enhanced geographical reach, with nearly 40% of total capacity in the North and West regions Overall investment, including refurbishment of assets, will be…
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A director of more than 400 companies has been disqualified for nine years after he was found to have repeatedly undermined the insolvency regime. The Insolvency Service said Neville Taylor, 57, was paid more than a quarter of a million pounds by Atherton Corporate (UK) Ltd to replace the directors of 12 companies which had…