REVEALED: Latest business liquidations in Melville – Daily Telegraph Sydney
REVEALED: Latest business liquidations in Melville Daily Telegraph Sydney Read the original article here
Rescuing more, recovering less
The Insolvency and Bankruptcy Code, now in its 10th year, is perhaps India’s most consequential market reform for resolving corporate distress and reallocating resources from failed enterprises to more efficient hands. Since its inception, the code has resolved stress of more than 4,400 companies, rescuing around 1,400 through resolution plans and sending the rest into…
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Mutual funds surge as court clears conversion, liquidation process
Under regulations introduced in May 2026, closed-end mutual funds trading at discounts of 25% or more to their Net Asset Value (NAV) must either convert into open-end funds or be liquidated. TBS Report 18 June, 2026, 09:55 pm Last modified: 18 June, 2026, 09:56 pm Representational image. Photo: Mehedi Hasan/TBS “> Representational image. Photo: Mehedi…
Liquidator reviewing information on unpaid subcontract accounts – The Press
Liquidator reviewing information on unpaid subcontract accounts The Press Read the original article here
Tongaat Hulett Gets Lifeline as Liquidation Threat Falls Away
South Africa’s Trade, Industry and Competition Minister Parks Tau has welcomed the withdrawal of liquidation proceedings against Tongaat Hulett, describing it as a major step toward protecting thousands of livelihoods tied to the company and the wider sugar industry. The decision removes the immediate threat facing one of the country’s most significant agro-industrial businesses.…
ED searches 17 premises in Yes Bank-linked insolvency and loan assignment probe – Prop News Time
ED searches 17 premises in Yes Bank-linked insolvency and loan assignment probe Prop News Time Read the original article here
Ansal Properties Faces Insolvency for Projects; Net Worth Plunges to -₹1,816 Crore
Ansal Properties & Infrastructure Ltd is undergoing Corporate Insolvency Resolution Process for projects in Lucknow and Rajasthan. The company reported a negative net worth of ₹1,816.21 crore and a qualified audit opinion on its ability to continue as a going concern. Ansal Properties & Infrastructure Ltd is facing significant financial challenges, including the initiation of…
ERIC LEVENSTEIN | SA’s liquidation crisis demands a new restructuring model
South Africa’s corporate distress landscape is deteriorating rapidly. Statistics SA reports that 891 companies have already entered liquidation in 2026, including 233 in April alone. At the same time, business confidence has weakened amid growing economic uncertainty, rising costs and geopolitical instability. For many companies the focus has shifted from financial pressure to survival. Many…
Lifting the Corporate Veil under the IBC: Supreme Court’s Verdict in Alpha Corp Development v. GNIDA – Cyril Amarchand Mangaldas
Lifting the Corporate Veil under the IBC: Supreme Court’s Verdict in Alpha Corp Development v. GNIDA Cyril Amarchand Mangaldas Read the original article here