Insolvency pressure mounts on Scottish firms – insider.co.uk
Insolvency pressure mounts on Scottish firms insider.co.uk Read the original article here
Call for Registration: RGNUL’s IBLD-CBLT Seven-Day Online Certificate Course on Insolvency and Bankruptcy
The course is designed to provide participants with both foundational knowledge and practical insights into India’s insolvency framework, with focused modules on valuation, liquidation, cross-border insolvency, distressed asset markets, and more. About the RGNUL, Punjab The Rajiv Gandhi National University of Law (RGNUL), Punjab, was established by the State Legislature of Punjab. The Act incorporated…
Business Liquidation Service Market Hits New High
Business Liquidation Service Market HTF MI just released the Global Business Liquidation Service Market Study, a comprehensive analysis of the market that spans more than 143+ pages and describes the product and industry scope as well as the market prognosis and status for 2025-2032. The marketization process is being accelerated by the market study’s segmentation…
June corporate insolvencies dip to lowest level since 2022
An unexpected month-on-month dip in the number of corporate insolvencies in England and Wales is bringing respite to East Midlands businesses and signals hope that the summer months will bring a significant boost to trade. This is according to the Midlands branch of the UK’s insolvency and restructuring trade body R3, and comes on the…
Business Preservation Tool: Lawyers on the Benefits of Preventive Restructuring for Companies and Banks
In the face of economic challenges, including those caused by the war, Ukrainian companies are seeking tools to maintain stability and avoid losing assets. One such tool is the preventive restructuring procedure. This legal mechanism allows businesses facing financial difficulties to avoid bankruptcy proceedings. UNN spoke with lawyers to find out the practical advantages and…
$560k owed to IRD after mayoral aide’s company liquidation
$560k owed to IRD after mayoral aide’s company liquidation … Read the original article here
Proof & Company’s Singapore cocktail bar
Members of Singapore’s drinks industry have taken to social media to lament the closure of Proof & Company Spirits, dubbed “one of the darlings of the craft spirits scene”. Nimmi Malhotra reports. 28 Hong Kong Street, Proof & Company’s Singapore cocktail bar, will continue to operate as normal Spirits distributor Proof & Company Spirits has…
14th July To 20th July 2025
Case Title: Bhadra International India Pvt. Ltd. & Ors. v. Punjab national Bank & Ors. Citation: 2025 LiveLaw (Del) 823 The Delhi High Court has dismissed a petition while upholding that if a borrower has already approached the Debt Recovery Tribunal (DRT) under the SARFAESI Act, for a one-time settlement, a writ seeking the same…
NCLT refuses to dissolve Shakti Bhog Snacks
The National Company Law Tribunal (NCLT), New Delhi Bench, has dismissed an application for the dissolution of Shakti Bhog Snacks Limited (the Corporate Debtor) under Section 54 of the Insolvency and Bankruptcy Code, 2016 (IBC). The application was filed by Umesh Gupta, the Resolution Professional (RP) for Shakti Bhog Snacks Limited. The tribunal in its…
Adani Group Moves to Acquire Jaiprakash Associates Amid Insolvency Process, ETLegalWorld
Billionaire Gautam Adani-promoted Adani group on Tuesday sought approval from the Competition Commission of India (CCI) to acquire Jaiprakash Associates Ltd. The development came after Adani group reportedly made an unconditional bid for debt-ridden Jaiprakash Associates Ltd (JAL), which is undergoing corporate insolvency resolution process (CIRP). “The proposed combination relates to the acquisition of up…