This marks a clear shift from the earlier framework under the Insolvency and Bankruptcy Code, 2016. While Section 12A, introduced through a subsequent amendment, required 90 per cent CoC approval for withdrawal, courts had allowed considerable flexibility, permitting settlements and withdrawals at various stages of the process. The 2026 amendment narrows this flexibility by statutorily…
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Final, Chapter 07.04.2026 – 07:22:07 | boerse-global.de The former EV charging pioneer Tritium DCFC is in final liquidation. Its assets and brand are now owned by Exicom Tele-Systems, with no value recovery expected for original shareholders. Final Chapter for Tritium Shareholders as Liquidation Concludes…
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A professional staffing provider for health and social care, has entered voluntary liquidation after being unable to pay its debts 05:54, 07 Apr 2026Updated 05:57, 07 Apr 2026 (Image: Maskot via Getty Images) A UK care home provider has collapsed into liquidation after failing to meet its financial obligations. CMS Care Service Limited, formerly known…
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Dozens of Priceline-branded pharmacies have been placed into administration by retail giant Wesfarmers after years of financial difficulties. Receivers KPMG said the 54 affected stores would continue to trade while receivers assessed the business. More than 400 other Priceline stores around Australia are not affected by the change. File photo: Dozens of Priceline-branded pharmacies have…
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