The NCLT has now directed the BCCI to speak with Byju’s lenders in order to try to find a solution in light of the Supreme Court’s ruling. The Chennai bench of the National Company Law Appellate Tribunal (NCLAT), have directed the National Company Law Tribunal (NCLT) to decide the application filed by Board of Control…
Woodbridge Liquidation Trust, a company focused on the orderly liquidation of its assets, has released its Form 10-Q report for the fourth quarter of 2024. The report provides a comprehensive overview of the company’s financial and operational performance, highlighting key activities and future outlook as it progresses towards completing its liquidation process. Financial Highlights For…
Wells Fargo & Company Declares Cash Dividends on Preferred Stock Wells Fargo Newsroom Read the original article here
North Wales hotel and wedding venue that went into ‘liquidation’ is now up for sale North Wales Live Read the original article here
Friday 14 February 2025 2:46 pm | Updated: Friday 14 February 2025 2:58 pm By: Maria Ward-Brennan and Amber Murray Share Facebook Share on Facebook X Share on Twitter LinkedIn Share on LinkedIn WhatsApp Share on WhatsApp Email Share on Email Pret A Manger has been hit with a winding up petition. (Photo by Spencer Platt/Getty…
Beulah launches rescue mission for $2bn Southbank tower The Australian Read the original article here
Insolvency board IBBI 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 discussion paper till February…
The recent Supreme Court ruling in Independent Sugar Corporation Ltd. (INSCO) v. Girish Sriram Juneja & Ors. has been hailed as a landmark judgment, fundamentally reshaping how insolvency and competition laws intersect in India. The verdict underscores the judiciary’s commitment to statutory compliance, reinforcing the principle that regulatory approvals must precede the approval of resolution…
Insolvency board IBBI 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 discussion paper till February…
NEW DELHI: The Hyderabad bench of the National Company Law Tribunal (NCLT) on Thursday approved the Rs 16,084 crore resolution plan submitted by JSW Energy Limited for KSK Mahanadi Power Company Limited, a Chhattisgarh-based thermal power company. The corporate insolvency resolution process against KSK Mahanadi Power Company Limited was initiated by Power Finance Corporation Limited…