Insolvency board issues discussion paper to streamline corporate resolution process, ET RealEstate

NEW DELHI: Insolvency board IBBI on Tuesday issued a discussion paper to provide clarity on various operational aspects including those related to coordinated resolution of interconnected entities and streamlining of submission of resolution plans. The paper proposes several amendments to address operational challenges in the resolution framework. The IBBI has invited public comments on the…

Legal shift in areas of AI, cybersecurity, and insolvency shake-up will reshape India Inc in 2025

Critical legal and regulatory shifts, from AI-driven workforce transformation to evolving insolvency frameworks, are expected to redefine India Inc.’s business strategy.A recent report by Khaitan & Co., ‘Foresight 2025,’ states that legal agility will be key for businesses navigating India’s evolving corporate terrain as regulatory complexities deepen across sectors. As the regulatory landscape tightens, the…

Syncona Notes Voluntary Liquidation of Achilles -February 05, 2025 at 02:25 am EST

Syncona Limited is a Guernsey-based closed-ended investment company. The Company’s investment objective is to achieve superior long-term capital appreciation from its investments. It seeks to achieve returns over the long term. It focuses on creating, building and scaling companies around science to create a diversified portfolio of 20-25 global healthcare businesses, across development stage and…

Brisbane agency Wonderkarma in liquidation

Creative agency Wonderkarma, with offices in Brisbane and Vanuatu, has gone into liquidation. Declan Lane and Simon Cathro of Cathro and Partners have been appointed liquidators, according to documents lodged with corporate regulator ASIC.  A meeting of shareholders approved the voluntary winding up January 31. Clients include Aurizon, Australia’s largest rail freight operator, and the…