India Ratings and Research (Ind-Ra) has said that despite several regulatory amendments to the Insolvency and Bankruptcy Code (IBC), recovery outcomes in India’s insolvency framework remain constrained by execution-related challenges rather than the regulatory structure itself. The fourth quarter (Q4) of fiscal 2026 (FY26) reflected this trend, with fresh admissions moderating to 143 cases from…
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The National Company Law Tribunal (NCLT) in Mumbai has recently held that a tenant’s continued occupation of a corporate debtor’s property after expiry of its arrangement cannot defeat the objectives of the corporate insolvency resolution process (CIRP) or obstruct implementation of an approved resolution plan. The tribunal directed Countertops and Cabinets (India) Pvt Ltd to…
Unexecuted Agreements Not Operational Debt u/s 9: NCLT Delhi Rejects Jiostar India’s Insolvency Plea in Legends League T20 Case Taxscan Read the original article here
Save You have reached your maximum number of saved items. Remove items from your saved list to add more. AAA TV regular Dave Franklin’s luxury landscape and pools business is entering liquidation. The Melbourne-based but nationally known Franklin is used to seeing his name in the credits of hit shows he has appeared on, but…
AI generated representative image Ten years ago, India’s insolvency landscape was defined by stalled projects, endless litigation, weak recoveries and mounting bad loans. Companies remained trapped in legal limbo for years, banks struggled to recover dues, and distressed assets steadily lost value as cases moved through multiple forums.The Insolvency and Bankruptcy Code (IBC), enacted in…
China just dropped the hammer on overseas brokers doing business on the mainland without a license. The China Securities Regulatory Commission, working alongside seven other government agencies, announced a coordinated crackdown on illegal cross-border securities trading on May 22. The trigger: an estimated $1 trillion in unauthorized capital left China in 2025. That’s the largest…
The Insolvency and Bankruptcy Board of India (IBBI) has notified significant amendments to the Insolvency Resolution Process for Personal Guarantors to Corporate Debtors Regulations, 2019, aimed at enhancing transparency and coordination in insolvency proceedings. Under the Insolvency and Bankruptcy Board of India (Amendment) Regulations, 2026, personal guarantors initiating insolvency must now file a comprehensive statement…
Suspicious financial flows emerge in transport firm bankruptcy The Brussels Times Read the original article here
Gossard Limited appointed administrators on May 14, 2026, and has officially ceased trading. Founded in 1901, the company introduced the Wonderbra to the UK in the 1960s and became synonymous with innovative lingerie throughout the decades. The Wonderbra gained iconic status in the 1990s, but Gossard was equally known for its wider range of underwear…