While dismissing the appeal, the court held that there was no extraordinary circumstance warranting the Court to entertain a writ petition when there is an alternative remedy According to the Madras High Court, situations in which the default persists after the moratorium term is not covered by the proviso to Section 10-A of the Insolvency…
Pottery business Royal Stafford – which dates back to 1845 – collapses into liquidation Insider Media Read the original article here
India’s insolvency ecosystem has long advocated for a Pre-packaged Insolvency Resolution Process (Prepacks) for all corporates. In her budget speech, the Finance Minister has, perhaps inadvertently, taken a partial step forward on the subject.More than 99% of the Indian companies have a turnover which is less than ₹500 crores. In this context, the recent reclassification…
Budget 2025: Relief for a larger segment of Indian promoters under the insolvency code Economic Times Read the original article here
Top PGA figures pledge cash for embattled lobby group The West Australian Read the original article here
The Truck Repair Group in Queensland has gone into voluntary liquidation leaving many local businesses and industry suppliers severely out of pocket. The Truck Repair Group (formerly The River Group) was sold by then director Russ Hill to Scott and Natalie Hunter back in 2020. There are five sites across the State all of which…
Australia’s largest architectural glass maker collapses The Australian Read the original article here
Ntegrator Holdings Faces Court-Ordered Liquidation TipRanks Read the original article here
Crypto sees over $1.7 billion liquidated in past day as Trump tariffs dampen ‘overleveraged’ bullish sentiment The Block Read the original article here
Liquidation applications for Wellington hospo companies delayed The Post Read the original article here