Raising Concern over Delays in Corporate Insolvency Resolution Processes , the … – Latest Tweet by IANS – LatestLY

Liquidation

Raising concern over delays in corporate insolvency resolution processes (CIRP), the #SupremeCourt on Monday asked the National Company Law Tribunal and the National Company Law Appellate Tribunal to strictly adhere to the mandated 330-day timeline. pic.twitter.com/yMMSonvO4G IANS Tweets (@ians_india) September 13, 2021 (SocialLY brings you all the latest breaking news, viral trends and information from…

Jet Airways set for 2022 revival: reports | News | Flight Global – Flightglobal

Liquidation

Jet Airways will reportedly recommence operations in the first quarter of 2022 under new owners the Jalan-Kalrock consortium more than two years after it shuttered amid financial woes. Indian news reports, citing consortium lead member and businessman Murari Lal Jalan, say the carrier will resume domestic operations first, before expanding to short-haul destinations in the…

Corporate Insolvency Resolution Process has to be completed in 330 days: Report – Free Press Journal

Liquidation

The Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code (IBC) has to be completed within the 330-day deadline prescribed under the law, the Supreme Court ruled on Monday (Ebix Singapore v. Committee of Creditors of Educomp), according to a news report. “Judicial delay was the reason why the earlier insolvency regime failed…

Reebonz files voluntary liquidation, reportedly caved under liabilities worth SG$65m – Marketing Interactive

Liquidation

Luxury marketplace Reebonz has reportedly caved under liabilities estimated to be around SG$65 million and according toThe Business Timeshas appointed a provisional liquidator to wind up the company. Co-founder Samuel Lim took out notices in BT on 10 September to alertcreditors that Reebonz is “in creditors’ voluntary liquidation”. Lim explained in the notice that Reebonz…

Widow sues Daintree zip-line company, engineers for millions after husband falls to his death – ABC News

Liquidation

The wife of a man who died after plunging from a zip-line in Far North Queensland has launched a multi-million-dollar lawsuit against those she holds responsible. Key points: The family of zip-line victim launch a multi-million-dollar lawsuit in Cairns court Adelaide man Dean Sandersondied after falling while on the Jungle Surfing Canopy Tours apparatus His…

The Share of #corporate Insolvency Resolution Processes Initiated by Corporate … – Latest Tweet by IANS – LatestLY

Liquidation

The share of #corporate insolvency resolution processes (CIRP) initiated by corporate debtors themselves have declined over the years since the inception of the Insolvency and Bankruptcy Code (IBC). pic.twitter.com/ID18dQz0OM IANS Tweets (@ians_india) September 11, 2021 (SocialLY brings you all the latest breaking news, viral trends and information from social media world, including Twitter, Instagram and…

Share of insolvency process initiated by debtors declining over time – Free Press Journal

Liquidation

The share of corporate insolvency resolution processes (CIRP) initiated by corporate debtors themselves have declined over the years since the inception of the Insolvency and Bankruptcy Code (IBC). Data from the Insolvency and Bankruptcy Board of India (IBBI) showed that as of March 2017, out of the total CIRPs, seven were triggered by operational creditors,…