Artificial intelligence (AI), Generative AI, Agentic AI and other AI tools are gradually being adopted by insolvency professionals to enhance productivity. The benefits of AI for claims processing, document summarizing, identification of financial anomalies and evaluation of resolution plans are self-evident, provided that the output of AI tools is put to critical human scrutiny. Read…
REVEALED: Liquidator appointments for businesses in the Monash council area for September 2 heraldsun.com.au Read the original article here
IICA Inaugurates Eighth Batch of its Flagship Post Graduate Insolvency Programme (PGIP 2026–28) PIB Read the original article here
Under section 901A of the 2006 Act, a company in financial difficulties may propose a restructuring plan to some or all of its creditors designed to eliminate or reduce its difficulties. Each class of affected creditors votes on the plan, and if 75% in value of the votes cast for each class are in favour…
Qld earthmoving business collapses with seven figure debt The Courier Mail Read the original article here
The Delhi High Court on Wednesday said government authorities cannot remain outside a company’s insolvency process and later seek recovery of old dues after the resolution plan is approved. The ruling relates to the customs department’s claims for digital and network video recorders imported by Jaiprakash Associates in September 2023, before the company entered insolvency…
Britannia Student Services announces liquidation StudyTravel Network Read the original article here
The NCLAT has ordered a court-appointed committee to submit a status report within two weeks regarding 16 stalled Supertech Limited housing projects. The tribunal has also raised concerns over pending staff salaries. Investors should note that Supertech Limited, which is currently undergoing insolvency proceedings, is a private real estate firm and is not related to…
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