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The National Company Law Appellate Tribunal (NCLAT) in Chennai has recently held that a purchaser of a corporate debtor sold as a going concern in liquidation cannot claim rights over its subsidiaries, joint ventures, or associate entities merely because they belong to the same corporate group. The tribunal ruled that such assets fall outside the…
NCLAT stays Kallam Textiles insolvency process pending restructuring review scanx.trade Read the original article here
Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy. 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…
REVEALED: Latest business liquidations in Scenic Rim The Courier Mail Read the original article here
Vas Infrastructure Ltd announced its 25th Committee of Creditors meeting on June 22, 2026. The company remains under Corporate Insolvency Resolution Process (CIRP), indicating ongoing financial restructuring and potential risks for shareholders. Vas Infrastructure Limited has scheduled its 25th Committee of Creditors (CoC) meeting for June 22, 2026, as the company continues under the Corporate…
REVEALED: Latest business liquidations in Armadale Daily Telegraph Sydney Read the original article here
Phone repair giant ordered into liquidation Geelong Advertiser Read the original article here
NCLT Admits Paytm’s Insolvency Plea Over Rs 3.41 Crore Advertising Dues BW Legal World Read the original article here
It rejected the gaming‑law defence as well, emphasising that Fazben’s default was from January 7, 2025, whereas the Online Gaming Regulation Act was passed only in August 2025 and operated prospectively. “The operational debt claimed in the present petition had already become due and crystallised prior to the enactment of the said legislation,” the Bench…