Nearly a decade after it changed the way India deals with corporate distress, the Insolvency and Bankruptcy Code is entering its next phase. The Insolvency and Bankruptcy Code (Amendment) Act, 2026 seeks to make the country’s insolvency regime more efficient, predictable and resolution-oriented, building on a law that has reshaped recovery, credit discipline and corporate…
The Institute of Leadership Assessment and Development (ILAD) has hailed Justice Inyang Edem Ekwo over the publication of his legal compendium, Insolvency and Bankruptcy Laws and Practice in Nigeria, published by Princeton & Associates in 2026. The 1,112-page book, structured across 21 progressive chapters, has been described by legal scholars and practitioners as one of…
Siti Networks defaults on term loans worth ₹1,206.03 crore scanx.trade Read the original article here
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…
South Africa’s oldest state-owned company at risk of liquidation newsday.co.za Read the original article here
Ruling Makes Clear a Simple Path to Chapter 15 Recognition Steptoe Read the original article here
The National Company Law Tribunal (NCLT), Allahabad Bench of Sri Praveen Gupta (Member, Judicial) and Sri Ashish Verma (Member, Technical) has dismissed a Section 7 insolvency application filed by M/s Nivedan Fin Invest Lease Limited (Financial Creditor) against real estate developer M/s Cosmos Infraestate Private Limited (Corporate Debtor). Beyond ruling that a short-term business investment…
Australian tour company AVG Travels is under fire for leaving thousands of customers in the lurch after going into liquidation. “You pack your bags, get insurance … and this is what I get in return,” said Pearl Rodriguez, who booked a trip to China. When Pearl visited the head office in Melbourne today, the lights…
The CEO of collapsed property investment advisory Dashdot says it is working to shield clients from the financial fallout, after declaring the startup fell victim to brutal economic conditions, federal budget reforms, and changes to Meta’s advertising system. Related Article Block Placeholder Article ID: 337989 Dashdot fell into voluntary liquidation last week, with the seven-year-old…
MindChamps returns to profitability as Australia remains key growth market MindChamps PreSchool has reported a return to profitability in FY2025, with the Singapore-listed early learning provider highlighting improved financial performance, expansion activity in Australia and plans for further franchise growth as it positions itself for future international expansion. Read the original article here