NCLT Chandigarh Admits Kokila Mining Section 9 Petition, Rejects Set-Off Defence By Tycoons Industries

The Chandigarh Bench of the National Company Law Tribunal (NCLT) on 11 June admitted a petition under Section 9 of the Insolvency and Bankruptcy Code, 2016, filed by Kokila Mining Pvt. Ltd. and initiated the Corporate Insolvency Resolution Process against Tycoons Industries Pvt. Ltd.. Judicial Member Khetrabasi Biswal and Technical Member Shishir Agarwal appointed Neehal…

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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…

Building control firm went into liquidation owing £1m

A registered building control approver (RBCA) went into liquidation last week owing more than £1m to creditors. Corporate Approved Inspectors Ltd (CAI) filed for voluntary liquidation on 9 June, hours after Construction News revealed it had told the Building Safety Regulator (BSR) that its operations could not continue. Papers published by insolvency specialists Campbell Crossley…