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IBBI refines assignment module to enhance insolvency process efficiency, ET LegalWorld

Highlights The Insolvency and Bankruptcy Board of India has refined the Assignment Module to streamline the assignment process for Insolvency Professionals and improve record-keeping. Insolvency Professionals are now required to add assignments to the IBBI electronic portal within three days of their appointment, with specific deadlines set for ongoing and closed cases. The new directions…

Dentons – Doing business in Australia

Leaving Dentons Beijing Dacheng Law Offices, LLP (“大成”) is an independent law firm, and not a member or affiliate of Dentons. 大成 is a partnership law firm organized under the laws of the People’s Republic of China, and is Dentons’ Preferred Law Firm in China, with offices in more than 40 locations throughout China.…

40,000 companies are close to collapse, insolvency experts say — These are the sectors most at risk

Figures from the Insolvency Service revealed that 25,158 firms across England and Wales went bust last year (Peter Byrne/PA) (PA Wire) More than half a million UK companies are in “significant” financial distress, and more than 40,000 in “critical” distress, according to insolvency experts Begbies Traynor’s latest “red flags” report. The report found that 554,554…

Truck Repair Group enters liquidation

Image: Scott Donkin/stock.adobe.com Late last year, Queensland’s Truck Repair Group officially entered liquidation. The general meeting of company members in December resolved that the company would be liquidated, with Nick Combis appointed as liquidator. MORE OWNERDRIVER TRENDING STORIES: Formerly known as The River Group, Truck Repair Group was sold by former director Russ…

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