Home Business Who will be the new owner of JP Associates, the Company drowning in over Rs 570000000000 debt? Adani, Jindal Vedanta, Dalmia emerge among bidders The company was taken to insolvency proceedings after the conglomerate defaulted on payment of loans. Creditors are claiming a total of a staggering Rs. 57,185 crore to banks and financial…
Lodha Developers Ltd has been directed to deposit Rs 520.80 crore as security in relation to an ongoing case in the Supreme Court against V Hotels Ltd, which the company acquired last year through an insolvency process. In a regulatory filing on Wednesday, Lodha Developers Ltd informed that this matter is related to proceedings initiated…
The High Court dismissed an application brought by three directors to intervene and oppose a winding-up petition, ruling that their application was flawed and had no legal basis. KUALA LUMPUR: The High Court has ruled that the former directors of TH Heavy Engineering Bhd (THHE) had no legal standing to oppose a petition brought by…
Dartbrook coal mine plunges into administration after defaulting on $174 million loan MSN Read the original article here
Melbourne building collapses into voluntary administration – leaving projects in the lurch MSN Read the original article here
An error has occurred Your request was blocked by Link11 Web Application Security.If you believe this is the result of an error, contact the administrator of www.tipranks.com. ID: a8e2b7eb7ed708dfff40b43a1646de98, IP Address: 110.232.115.214, Status Code: 471Timestamp: 2025-07-04T20:03:29.021341670+00:00 Read the original article here
Apparently, there is a very small chance of it being recovered He may have made his name on Made In Chelsea with his party-boy charm and messy love life, but it turns out Miles Nazaire’s real drama has been playing out off-screen, with his company now in serious debt. The Daily Mail reported that Miles’…
Aurelio Gurrea-Martínez is an Associate Professor of Law and Head of the Singapore Global Restructuring Initiative at the Singapore Management University Yong Pung How School of Law. His research interests lie at the intersection of law and finance, with particular emphasis on corporate governance, financial regulation and corporate insolvency law, and how legal and institutional…
The Bombay High Court held that the moratorium provision under Section 14 of the Insolvency and Bankruptcy Code, 2016 applies only to the Corporate Debtor and the natural persons are liable under Chapter XVII of the Negotiable Instruments Act, 1881 (NI Act). The Nagpur Bench held thus in a batch of Criminal Applications seeking to…
Sanctions Slow Down Biggest Liquidation in Ireland The €4 billion liquidation of two major Irish-based companies has hit a roadblock due to international sanctions. These companies, GTLK Europe and GTLK Europe Capital, were owned by a Russian state-controlled parent company. After Russia’s invasion of Ukraine, sanctions were imposed by governments around the world — including…