“Under the IBC (Insolvency and Bankruptcy Code), the company goes out of the promoter’s hands on day one, once the NCLT (National Company Law Tribunal) admits the case. It is that immediate transfer of control that makes the role of the resolution professional so powerful, and so sensitive,” senior advocate Sunil Fernandes told ThePrint. According…
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Beyond the Veil: Alberta Court Pierces Corporate Veil on the Basis of Authorized Agency fasken.com Read the original article here
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41-year-old trucking company giant files Chapter 11 bankruptcy thestreet.com Read the original article here
OSLO, Norway, March 30, 2026 /PRNewswire/ — Reference is made to the extraordinary general meeting in Aker Horizons ASA (under liquidation) (the “Company”) held on 26 February 2026 where it was resolved to liquidate the Company. The Company’s Board of Directors has in accordance with section 16-6 of the Norwegian Public Limited Liability Companies Act…
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