Federal Court orders Medicheckr wound up over unpaid tax debt

Before considering the application, the court refused Medicheckr’s director permission to represent the company after its solicitors withdrew two days before the final hearing. Under r 4.01(2) of the Federal Court Rules 2011 (Cth), corporations should ordinarily conduct court proceedings through a lawyer, although the court may dispense with that requirement. Read the original article…

Insolvency Resolution And Corporate Restructuring In India: A Comparative Analysis Of Corporate Insolvency Resolution Process (CIRP) And Pre-Packaged Insolvency Resolution Process (PPIRP)

Policy UpdateAnushree Khare BACKGROUND As the institutional economics framework of Daron Acemoglu and James A. Robinson posits, a country fails to grow as long as it is burdened with extractive institutions that support stagnation rather than entrepreneurship. For years, India’s corporate insolvency environment has been representative of the same kind of stasis. Thus, instead of…