Bidding opens for Jaiprakash Associates: EOIs invited under two options by Feb 9

The resolution professional of debt-ridden Jaiprakash Associates Limited (JAL) has invited expressions of interest (EOI) for the company under the insolvency and bankruptcy resolution process by February 9, nearly eight months after it was admitted for bankruptcy proceedings by the National Company Law Tribunal. Company Value Change %Change The EOIs have been invited under two…

The Financial Supervisory Service has decided to hold the main creditor bank responsible for the man..

사진 확대 The Financial Supervisory Service has decided to hold the main creditor bank responsible for the management of corporate insolvency. Judging that corporate debt can be the detonator of the Korean economy, they are intensively managing conglomerates. On the 10th, the Financial Supervisory Service released and announced the “2025 Business Plan.” Announcing the work…

PKF Attest launches compliance service for corporate insolvency

Professional services firm PKF Attest has introduced a new advisory and technical consulting service aimed at mitigating business liability in potential insolvency situations. This service is designed for company executives and high-level management, addressing the proactive measures required by the new European directive to prevent insolvency cases. The initiative has already completed a pilot phase…

SC upholds prior CCI approval mandate in HNGIL CIRP

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.…

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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…