The Insolvency and Bankruptcy Code, 2016, prescribes a stringent mechanism for the initiation of the Corporate Insolvency Resolution Process by an operational creditor. A fundamental safeguard embedded within Section 9 of the Code is the mandatory rejection of applications where a pre-existing dispute is evident. In a recent and significant pronouncement, the Supreme Court of…
No Cookies To use this website, cookies must be enabled in your browser. 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 making requests to websites without cookies that had previously been set. This appears to…
Major UK travel company enters liquidation with all booking cancelled Swindon Advertiser Read the original article here
Canegrowers in KwaZulu-Natal breathed a sigh of relief recently when the liquidation of sugar giant Tongaat Hulett was avoided through additional funding of R200 million. This means that crucial milling of sugarcane can begin. More than 18 000 growers, the bulk of whom are small-scale growers, have no other option than Tongaat Hulett’s mills to…
New firm set up for fitter in liquidation with ‘disrespectful name’ Oxford Mail Read the original article here
Popular brownie business goes into liquidation due to ‘impossible’ pressures Swindon Advertiser Read the original article here
‘Disrespectful name’ for Witney kitchen fitter after liquidation oxfordtimes.co.uk Read the original article here
The jurisprudence surrounding the Insolvency and Bankruptcy Code, 2016, consistently reinforces the supremacy of the Committee of Creditors’ commercial wisdom and the binding nature of an approved resolution plan. A recent pronouncement by the National Company Law Tribunal, Kochi Bench, in the matter of M/s. Samson and Sons Builders and Developers Pvt. Ltd., serves as…
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…
The latest figures show 2,022 corporate insolvencies in March 2026, a 6.7 per cent rise from February and 1.4 per cent higher than March 2025. READ MORE: Motor group extends partnership with Hampshire Cricket Chris Tate, partner at Hampshire-based firm Azets, said: “The monthly and yearly rise in corporate insolvencies is mainly due to an…