Jetski dealership sinks into liquidation – Business News
Jetski dealership sinks into liquidation Business News Read the original article here
Leasing company announces its windup in Azerbaijan – Trend News Agency
Leasing company announces its windup in Azerbaijan Trend News Agency Read the original article here
Insolvency board mulls more regulatory changes – Banking & Finance News
Even as the amendments to be Insolvency and Bankruptcy Code (IBC) are getting delayed, the Insolvency and Bankruptcy Board of India (IBBI) has made a slew of regulatory changes in the past 18 months to enhance the efficiency of the resolution process. “Until amendments to the IBC are carried out, it’s only logical for the…
Acorn Press and MPD Offset enter liquidation
Print companies Acorn Press and MPD Offset had ceased trading on Friday, January 31, less than six months on from the two companies completing a merger. As of 27 February, Huw Powell and Andrew Hook of insolvency practitioners Begbies Traynor have been appointed as joint liquidators for both companies, according to filings at The Gazette.…
Payments From Corporate Debtor’s Account Post-CIRP Commencement Without IRP Approval Is Breach Of Moratorium: NCLT Mumbai Directs Refund
The National Company Law Tribunal, Mumbai bench comprising Prabhat Kumar (Technical Member) and Justice V. G. Bisht (Judicial Member) have held that any payments made from the Corporate Debtor’s account after the commencement of the Corporate Insolvency Resolution Process (CIRP) without the Interim Resolution Professional’s (IRP) approval are in contravention of the moratorium under Section…
IBC Weekly Round Up [24th February – 2nd March 2025] – Live Law – Indian Legal News
IBC Weekly Round Up [24th February – 2nd March 2025] Live Law – Indian Legal News Read the original article here
Walleys Quarry environmental permits 'no longer exist' after liquidation – Stoke-on-Trent Live
Walleys Quarry environmental permits ‘no longer exist’ after liquidation Stoke-on-Trent Live Read the original article here
FCA bans broker for fraud that led to client entering liquidation
The FCA has banned David Robert Cooke from carrying out any regulated activity after receiving a police caution for insurance fraud that led to the collapse of a client. Cooke, who had been a director at Weston-super-Mare-based broker Professional Construction Risks, setup a public liability policy for a client on 19 October 2019, knowing that…
IBBI reports decrease in liquidations and increase in resolutions under Insolvency and Bankruptcy Code, ET LegalWorld
In the quarterly newsletter report, the Insolvency Bankruptcy Board of India (IBBI) has observed a consistent upward trend in resolutions and a significant downward shift in the number of liquidations, starting from 2020-21. “Over the years, more and more companies are being resolved under IBC and the number of liquidations is going down,” the report…
REMEX Liquidation Expands Overstock & Returns Liquidation Solutions for eCommerce Sellers – The Malaysian Reserve
REMEX Liquidation Expands Overstock & Returns Liquidation Solutions for eCommerce Sellers The Malaysian Reserve Read the original article here