Why court okayed liquidation of collapsed Xplico Insurance – businessdailyafrica.com
Why court okayed liquidation of collapsed Xplico Insurance businessdailyafrica.com Read the original article here
Scrutiny of pre-bankruptcy deals of businesses expanded: Nirmala Sitharaman
New Delhi: Amendments to the Insolvency and Bankruptcy Code (IBC) expand the scrutiny over pre-bankruptcy transactions of distressed companies to cover a longer period, finance and corporate affairs minister Nirmala Sitharaman said on Wednesday in Rajya Sabha. The upper house of parliament returned the amendment bill that was cleared by Lok Sabha on Monday. Sitharaman…
1.62 lakh homebuyers get possession of flats through insolvency resolution: Finance Minister
She clarified that CoC can now invite relevant land authorities such as NOIDA and HUDA to their meetings for inputs and perspectives on regulatory and land development related matters. Upon meeting certain conditions and with CoC approval, possession of flats, plots or buildings can be handed over to the buyers during the corporate insolvency resolution…
A Broadened Enforcement Remit and New Enforcement Tools, Katharina Crinson, Rachel Seeley, Nicholas Cooper, Craig Montgomery
Summary The UK Insolvency Service published a consultation on 25 March 2026 (closing 17 June 2026) proposing the most comprehensive reform of corporate civil enforcement in four decades. The reforms would expand the Insolvency Service’s remit beyond insolvency to cover all corporate misconduct in live, insolvent, or dissolved companies. Key proposals include: (1) structural reforms:…
1.62 lakh homebuyers get possession of flats through insolvency resolution: Finance Minister
She clarified that CoC can now invite relevant land authorities such as NOIDA and HUDA to their meetings for inputs and perspectives on regulatory and land development related matters. Upon meeting certain conditions and with CoC approval, possession of flats, plots or buildings can be handed over to the buyers during the corporate insolvency resolution…
Irish company liquidation levels normalise
New data from Deloitte shows that company-led closures made up 70% of Q1 insolvencies, while court actions rise and hospitality failures ease ahead of VAT cut. 213 corporate insolvency appointments were recorded in Q1 2026, Deloitte’s latest insolvency figures show. This is a 3% rise compared to Q1 2025 (206) and is consistent with Q1…
British alcohol brand sold in Tesco goes bust after plunging to £195k debt – The Sun
British alcohol brand sold in Tesco goes bust after plunging to £195k debt The Sun Read the original article here
Parliament advances insolvency reforms with faster, reditor-driven framework – The Statesman
Parliament advances insolvency reforms with faster, reditor-driven framework The Statesman Read the original article here
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Home REIT completes £123m portfolio sale and prepares for liquidation-led capital return – TipRanks
Home REIT completes £123m portfolio sale and prepares for liquidation-led capital return TipRanks Read the original article here