New Delhi: The National Company Law Tribunal’s Mumbai Bench has admitted TV Vision Limited into the corporate insolvency resolution process following an application by Punjab National Bank over a claimed financial debt of Rs 294.66 crore. The July 30 order has suspended the powers of TV Vision’s board of directors and placed the company’s management…
REVEALED: Latest business liquidations in Yankalilla Adelaide Now Read the original article here
Businessman Yoshitaka Watabe could scarcely believe what he was seeing on the smartphone screen. It said that his textile products wholesale company in Yahaba, Iwate Prefecture, had gone out of business. As a senior executive, he knew that nothing of the sort had happened. His company was operating as usual. The phone, held out to…
The National Company Law Tribunal (NCLT) has admitted Punjab National Bank’s insolvency petition against television broadcaster TV Vision Ltd over an alleged default of ₹294.65 crore, initiating the corporate insolvency resolution process (CIRP) against the company. In a regulatory filing on July 31, TV Vision said the Mumbai bench of the NCLT had admitted the…
Clean Slate Doctrine is a key principle under the Insolvency and Bankruptcy Code, 2016, guiding corporate insolvency in India. Read more about Clean Slate Doctrine under the Insolvency and Bankruptcy Code (IBC), Latest News Clean Slate Doctrine Latest News The Supreme Court’s recent judgment in Ujaas Energy reminds us that the Clean Slate Doctrine is…
TV Vision Limited has been admitted to the Corporate Insolvency Resolution Process (CIRP) by the National Company Law Tribunal. The company’s management has shifted to an Interim Resolution Professional. TV Vision Limited has been officially admitted to the Corporate Insolvency Resolution Process (CIRP) under Section 7 of the Insolvency and Bankruptcy Code, 2016. The order…
Liquidators from TruSolv Ltd were appointed for Henlow Racing Limited on July 27 after a meeting on the same day. At that meeting it was decided that the company would be wound up voluntarily in a process known as creditors voluntary liquidation. Henlow Racing Limited was based in Lincolnshire then Nottinghamshire but since June has…
REVEALED: Latest business liquidations in Brisbane The Courier Mail Read the original article here
Online liquidation and auction business adding St. Louis-area retail site The Business Journals Read the original article here
Quadrant Televentures Limited has announced its 14th Committee of Creditors meeting for August 3, 2026. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) since September 2, 2025. Investors should monitor insolvency process updates. Quadrant Televentures Limited has scheduled its 14th meeting of the Committee of Creditors (CoC) for August 3, 2026. Reader Takeaway:…