Saudi Steel Pipe board nods to subsidiary liquidation – ارقام
Saudi Steel Pipe board nods to subsidiary liquidation ارقام Read the original article here
Navigating financial services insolvency: Insights from Corporate Insolvency, Restructuring ACT, 2020 (ACT 1015) – The Business & Financial Times
Navigating financial services insolvency: Insights from Corporate Insolvency, Restructuring ACT, 2020 (ACT 1015) The Business & Financial Times Read the original article here
Creditors Meet Amidst Financial Distress
AuthorAditi Singh|Published at: 19th February 2026, 6:31 pm Overview CMI Limited, currently undergoing Corporate Insolvency Resolution Process (CIRP), has scheduled its 41st Committee of Creditors (CoC) meeting on February 20, 2026. This procedural announcement highlights the ongoing financial distress and the creditors’ critical role in deciding the company’s fate. The company has been in insolvency…
Reliance Home Finance Holds Creditors Meeting Amid Insolvency
AuthorAditi Singh|Published at: 19th February 2026, 4:49 pm Overview Reliance Home Finance Limited (RHFL), currently under insolvency proceedings, held its sixth Committee of Creditors (CoC) meeting on February 18, 2026. This meeting is a key step in the Corporate Insolvency Resolution Process (CIRP) where creditors discuss the company’s future. RHFL’s admission into CIRP followed defaults,…
S.7 IBC | Corporate Debtor’s Ability To Pay Debt Not To Be Considered Before Admitting Insolvency Petition : Supreme Court
The Supreme Court on Wednesday (February 18) reaffirmed that the remedy under Section 7 of the Insolvency & Bankruptcy Code (IBC) to initiate the Corporate Insolvency Resolution Process (CIRP) is not discretionary but mandatory, leaving the adjudicating authority with no option but to admit the application once the existence of a debt and a default…
Stock and Share Market News, Economy and Finance News, Sensex, Nifty, Global Market, NSE, BSE Live IPO News
Taking Stock: Nifty below 25,500 as market ends 3-day winning streak; Sensex tumbles 1,236 pts More than 140 stocks touched their 52-week low, including Brainbees Solutions, C. E. Info, LT Technology, Clean Science, Just Dial, Vedant Fashions, Info Edge, Jyothy Labs, Inox Wind, Ola Electric, KEC International, NCC, Cello World, among others. Read the original…
REVEALED: Latest business liquidations in Monash – Herald Sun
REVEALED: Latest business liquidations in Monash Herald Sun Read the original article here
Ashok Leyland Completes Voluntary Liquidation of West Africa Subsidiary – scanx.trade
Ashok Leyland Completes Voluntary Liquidation of West Africa Subsidiary scanx.trade Read the original article here
Supreme Court of India: Section 10A bar inapplicable when default predates Covid window— “Failed restructuring does not novate original loan; CIRP against power company upheld”
Court’s decision The Supreme Court of India dismissed the appeal filed by Power Trust, promoter of Hiranmaye Energy Ltd., and upheld the admission of a Section 7 application under the Insolvency and Bankruptcy Code, 2016 against the corporate debtor. The Court held that the default occurred on 31 March 2018, well before the Covid-era suspension…
Keppel Completes Voluntary Liquidation of Third Dragon Holdings Subsidiary – TipRanks
Keppel Completes Voluntary Liquidation of Third Dragon Holdings Subsidiary TipRanks Read the original article here