Polish courts declared 43 corporate bankruptcies in September 2026, up 72% from August, while 422 restructuring proceedings were initiated, 14.1% more than a year earlier, according to MGBI data published on 8 October. New bankruptcy applications nevertheless declined, making the overall picture more mixed than the headline bankruptcy increase suggests. Bankruptcies: 43 in September There…
Home/Corporate Laws/NCLAT Upholds Extension of Resolution Plan Timeline; Delay in Property Handover Cannot Burden Successful Resolution Applicant [Read Order] Corporate LawsLaw Report NCLAT holds extension valid as property handover delay was not attributable to successful resolution applicant. Get the day’s tax rulings in your inbox × Headnote⁂ Ms Sonal Sumit Mehta vs Mr Chirag R…
Home/Corporate Laws/Cancelled RBI Licence Removes FSP Exclusion: NCLT Admits ₹1.68 Cr MUDRA CIRP Plea [Read Order] Corporate LawsLaw Report NCLT admitted MUDRA’s insolvency plea as cancelled RBI registration removed FSP exclusion with financial default exceeding ₹1 crore. Get the day’s tax rulings in your inbox × Headnote⁂ M/s Micro units development and refinance agency limited…
Home/Corporate Laws/NCLAT Refuses to Exclude 8.137 Acres from CIRP Despite Landowner JDA Termination Claim; Directs Preservation of Property Pending Appeal [Read Order] Corporate LawsLaw Report NCLAT preserved the disputed land pending appeal, citing unresolved termination claims and potential third-party interests in the property. Get the day’s tax rulings in your inbox × The case number,…
Strategic restructuring is not, by itself, inconsistent with the objectives of the IBC. The code expressly contemplates the preservation and revival of a corporate debtor as a growing concern as stated in section 20. It requires the interim resolution professional to protect and preserve the value of the corporate debtor and manage its operations. The…
REVEALED: Business liquidations in the Norwood Payneham St Peters council area Adelaide Now Read the original article here
Australian Insolvency List: zero new notices for October 10 NT News Read the original article here
To use this website, cookies must be enabled in your browser. 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 making requests to websites without cookies that had previously been set. This appears to be a…
SINGAPORE, Oct 8 — Around 3,300 creditors have lodged claims against collapsed gym chains True Fitness and True Yoga, nearly a month after the fitness group abruptly shut all seven of its Singapore outlets overnight, leaving members and employees in the lurch. The scale of the fallout emerged today as appointed liquidators RSM Singapore confirmed…
Straight and Narrow Drinks, established in October 2020, produced low-calorie, alcohol-free beverages made with natural ingredients and free from artificial colours and flavourings. Customers regularly praised the company’s drinks on Trustpilot, with one reviewer describing them as “brilliant”. Another fan on Trustpilot added: “Love, love, love these products. “Bought the mixed case and every flavour is…