NCLAT Finds IBBI’s Cancellation of Insolvency Professional’s Registration Disproportionate

The NCLAT has directed IBBI to reconsider the cancellation of insolvency professional Deepak Kumar Goyal’s registration. The National Company Law Appellate Tribunal (NCLAT) upheld two regulatory violations against Goyal but ruled that cancellation of his registration was disproportionate. The tribunal directed the Insolvency and Bankruptcy Board of India (IBBI) to reconsider the penalty within 30…

Elme Communities Announces Suspended NYSE Trading; Anticipates Trading Will Begin OTC Effective October 26, 2026

BETHESDA, Md., Oct. 23, 2026 (GLOBE NEWSWIRE) — Elme Communities (“Elme” or the “Company”) today announced that the New York Stock Exchange (“NYSE”) has exercised its discretionary authority in accordance with Section 802.01D of the NYSE Listed Company Manual to commence proceedings to delist Elme’s common shares of beneficial interest (the “Common Shares”) from the…

Elme Communities Announces NYSE Delisting and Plans for Liquidation Trust Ahead of November 2026 Dissolution

BETHESDA, Md., Oct. 23, 2026 (GLOBE NEWSWIRE) — Elme Communities (“Elme” or the “Company”) today announced that the New York Stock Exchange (“NYSE”) has exercised its discretionary authority in accordance with Section 802.01D of the NYSE Listed Company Manual to commence proceedings to delist Elme’s common shares of beneficial interest (the “Common Shares”) from the…