India Power faces SFIO investigation notice under Companies Act – scanx.trade
India Power faces SFIO investigation notice under Companies Act scanx.trade Read the original article here
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More trucking closures feared after ICF Haulage collapse
The family-owned business had operated from Lithgow since 1999. Image: ICF Haulage The closure of Lithgow-based ICF Haulage has been described as a major blow for the region, with 14 jobs likely to be lost as the long-running Great Western Highway disruption continues to take its toll on local transport operators. Hipco Pty Ltd, trading…
Trump administration opts for voluntary AI safety reviews, not an independent regulator
The Trump administration’s approach to AI safety landed on June 2, 2026, and it looks nothing like traditional regulation. An executive order titled “Promoting Advanced Artificial Intelligence Innovation and Security” establishes a voluntary framework where AI companies can present their most advanced models to government testing before public release. The operative word there: voluntary. Rather…
Fraud Allegations Raised Only After Demand Notice Cannot Override CIRP Proceedings: NCLT Admits Insolvency Plea against Montecarlo Ltd [Read Order]
The National Company Law Tribunal (NCLT) has admitted a CIRP application under Section 9 of the Insolvency and Bankruptcy Code, 2016 (IBC) against Montecarlo Ltd, and held that fraud allegations raised only after receipt of the statutory demand notice do not constitute a pre-existing dispute capable of defeating the initiation of the Corporate Insolvency Resolution…
Cotswolds car company announces liquidation amid £111,000 debts
A Cotswolds car company is to be liquidated amid £110,000 debts. Liquidators from BTG Begbies Traynor have been appointed for Cotswolds Cars Ltd after the Woodstock-based company reported creditors of £111,070 falling within a year. That was as stated in its latest company accounts on Companies House which was for the year to August 31,…
RP Entitled to Reclaim Leased EV Fleet During CIRP: NCLT Upholds Corporate Debtor’s Assets Must Be Preserved During CIRP [Read Order]
The National Company Law Tribunal (NCLT) has held that a Resolution Professional (RP) is entitled to reclaim leased electric vehicles belonging to a Corporate Debtor during the Corporate Insolvency Resolution Process (CIRP) and also stated that preservation and recovery of assets forming part of the insolvency estate is a statutory obligation under the Insolvency and…
Cotswolds car company to be liquidated amid £111,000 debts
Liquidators from BTG Begbies Traynor have been appointed for Cotswolds Cars Ltd after the Woodstock-based company reported creditors of £111,070 falling within a year. That was as stated in its latest company accounts on Companies House which was for the year to August 31, 2024. READ MORE: VAT blamed as international private school’s Oxford site…
REVEALED: Latest business liquidations in Brisbane – The Courier Mail
REVEALED: Latest business liquidations in Brisbane The Courier Mail Read the original article here
REVEALED: Latest business liquidations in Brisbane – The Courier Mail
REVEALED: Latest business liquidations in Brisbane The Courier Mail Read the original article here