The Supreme Court has held that the moratorium imposed under Section 14 of the Insolvency and Bankruptcy Code (IBC) during the Corporate Insolvency Resolution Process (CIRP) operates only against the corporate debtor and cannot extend to its subsidiary companies, managers, directors, personal guarantors or other respondents. A Bench of Justices Vikram Nath and Sandeep Mehta…
The Supreme Court has held that the moratorium imposed under Section 14 of the Insolvency and Bankruptcy Code (IBC) during the Corporate Insolvency Resolution Process (CIRP) operates only against the corporate debtor and cannot extend to its subsidiary companies, managers, directors, personal guarantors or other respondents. A Bench of Justices Vikram Nath and Sandeep Mehta…
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Either the URL is incorrect, there’s a technical issue, or the page is no longer available. If you believe that this is a technical error, please contact us and tell us the location of this page. Read the original article here
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WA Kaolin falls into voluntary administration Australia’s Mining Monthly Read the original article here
ASX-listed kaolin producer WA Kaolin Limited has entered voluntary administration after pressure on its cash position and the cancellation of a substantial portion of its forward order book, with receivers and managers appointed a day later as competing restructuring and sale processes get underway. Gregory Prout and Clifford Rocke of WA Insolvency Solutions, a division…
Orchard Tree Surgery Ltd, based at Clifford Court in Carlisle, has gone into creditors’ voluntary liquidation, with Steven Wiseglass, director and founder of insolvency firm Inquesta, appointed as liquidator. A statement of affairs signed by company director Andrew Edgar shows an estimated deficiency to creditors of £916,627.11. The document records fixed assets with a book…
Australian womenswear retailer Proud Poppy Clothing Pty Ltd has entered voluntary administration, with Kathleen Vouris, Richard Albarran and Marcus Watters of Hall Chadwick appointed joint and several administrators on 5 August 2026. The retailer continues to trade through its online business and remaining stores while the administrators assess its financial position and restructuring options. A…