Special measures for insolvency resolution of defunct companies

ICAI has suggested implementation of specialized measures to the challenges posed by defunct companies in the corporate insolvency resolution process (CIRP) and streamline the insolvency resolution process. The Insolvency and Valuation Standards Board (I&VSB) of the Institute of Chartered Accountants of India (ICAI) has released a study report on the efficacy of the Insolvency and…

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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…

REACON AUSTRALIA TO BE LIQUIDATED

By Wayne Robinson | 9 May 2025 Disgruntled Reacon company creditors CTRL Print and Printcraft have won the court battle to have Reacon Australia  placed into liquidation. The fate of sister company mmw3degrees, currently in administration, will be decided on Friday. The Reacon companies have debts estimated to be around $9m. Reacon Group companies to…

Callide C out of Voluntary Administration

Posted by Paul McArdleWednesday 14th May 2025  9:59 AM   Topic: 2025-04 Callide C3 clinker outage, 2025-05-08, Closure of Callide C In amongst my unofficial ‘Energy Week’ last week in Melbourne I’d also noticed the article ‘Czech energy tycoon Pavel Tykač lines up next move on Callide C power plant’ in the Australian’s Margin Call column…