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Finance Minister tables new bankruptcy bill

The Government of India has officially tabled the Insolvency and Bankruptcy Code (Amendment) Bill, 2026 in the Lok Sabha. The proposed legislation represents the most significant overhaul of India’s distressed asset framework since the code’s inception in 2016, aiming to slash resolution timelines and integrate artificial intelligence into the judicial process. The bill arrives at…

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Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy. 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…

UK furniture company known for sofas goes into liquidation

Sofa Point UK Ltd in Birmingham aimed to “supply high quality traditional and contemporary sofas direct to the public at the lowest possible prices,” according to its website which is currently unavailable. A notice regarding the company’s trading update was published on The Gazette yesterday (March 25), the UK’s oldest official public record that notes important legal,…