The Supreme Court of India has ruled that the Competition Commission of India (CCI) must approve any merger involving a resolution plan under the Insolvency and Bankruptcy Code (IBC) before the Committee of Creditors (CoC) votes on it. The verdict came in the case involving AGI Greenpac’s acquisition of Hindustan National Glass and Industries Ltd.…
To use this website, cookies must be enabled in your browser. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently making requests to websites without cookies that had previously been set. This appears to be a…
Small business bankruptcy rules get tighter after US law expiration Reuters.com Read the original article here
FSS enhances monitoring of high-risk corporations to prevent insolvency in South Korea – CHOSUNBIZ 조선비즈 Read the original article here
Are there no lengths corporate renegade Nick Bolton won’t go to? Keybridge Capital confirmed Street Talk’s report the company had been placed in voluntary administration on Monday morning. But when Bolton is involved, things are never that simple. Loading… Read the original article here
Keybridge Capital Appoints Voluntary Administrator Amid Legal Challenges TipRanks Read the original article here
Nicholas Bolton’s Keybridge to enter voluntary administration: sources The Australian Financial Review Read the original article here
Three companies based in Manchester have been shut down after they took deposits for 21 kitchens but failed to fit them. Smart Choice Kitchens Ltd, Empire Kitchens and Bathrooms Ltd, and Connect Kitchens Ltd were all wound up at a hearing of the High Court at Manchester Civil Justice Centre on Tuesday after an investigation…
Noida: The National Company Law Tribunal (NCLT) has terminated the corporate insolvency resolution process (CIRP) against Logix Infrastructure Pvt Ltd — the developer of Blossom County in Sector 137 — citing “fraudulent intent” in the petition.In its Feb 6 order, the tribunal asked the resolution professional (RP) to allow Logix Infrastructure’s former directors to take…
An introduction to English insolvency procedures (and practical action to take) (English and Welsh construction focus) Dentons Read the original article here