In a recent ruling, the Supreme Court of India set aside a National Company Law Appellate Tribunal (NCLAT) order that had admitted an insolvency petition against GLS Films Industries Pvt. Ltd., holding that there existed a plausible pre‑existing dispute between the parties prior to the demand notice under the Insolvencyand Bankruptcy Code, 2016 (IBC). Chemical…
Major construction company plunges into administration – in business since 1953 MSN Read the original article here
Significant increase in German corporate insolvencies expected in 2026 Taylor Wessing Read the original article here
Embassy Developments has announced record pre-sales for the fourth quarter of FY26, reaching ₹2,632 crore. This surge contributed to a 128% year-on-year increase for the full fiscal year, with FY26 pre-sales hitting ₹4,631 crore. However, the company’s shares have been placed under temporary stock exchange surveillance due to recent price volatility. Trading Under Scrutiny The…
Carbon Revolution (OTC: CREVF) sets Australian administration and plans plc liquidation Stock Titan Read the original article here
Supha Pharmachem Enters Insolvency Process, Creditor Claims Top ₹1,237 Crore Whalesbook Read the original article here
For years, the phrase Insolvency and Bankruptcy Code (IBC) has sent shivers down the spines of Indian homebuyers. Historically, if a real estate developer failed to pay back a loan or hit a financial dead end on a single project, the entire company could be dragged into bankruptcy court. This all-or-nothing approach often felt like…
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A significant construction firm has entered voluntary administration with more than 650 positions now under threat. Kwikform, the Australian division of Waco International, ranks amongst the nation’s largest scaffolding and formwork suppliers. Approximately 10 entities connected to Kwikform entered voluntary administration on Monday and Tuesday. The Sydney-headquartered group operated under the names Waco Kwikform, Star…
REVEALED: Latest business liquidations in Kalamunda Daily Telegraph Sydney Read the original article here