According to data published by IBBI, in the April to December period of 2025, 513 new bankruptcy petitions were admitted by NCLT benches and 525 closed for various reasons, including withdrawal of petitions and settlements between parties. During the period, debt resolution plans were approved by tribunals in 182 cases. At the end of December…
SBI-led banks financial creditors in Reliance Infratel case: SC MSN Read the original article here
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Major UK airline plunges into liquidation – in business since 2004 MSN Read the original article here
SBI-led banks financial creditors in Reliance Infratel case: SC MSN Read the original article here
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Australian mattress manufacturer A.H. Beard has fallen into voluntary administration, putting the future of the 126-year-old family business into question. Documents posted by the Australian Securities and Investments Commission show the company on Tuesday appointed Peter Anthony Lucas and Damien Lee Hou Lau of P A Lucas & Co to oversee its affairs. Their appointment…
In a significant verdict, the Supreme Court on Tuesday ruled that liabilities arising from corporate guarantees squarely constitute “financial debt” under the Insolvency and Bankruptcy Code (IBC). A bench comprising justices PS Narasimha and Alok Aradhe upheld the validity and enforceability of corporate guarantees and recognised a consortium of banks led by State Bank of…
Omkar Speciality Chemicals Announces Capital Restructuring Plan Under Insolvency Resolution Process scanx.trade Read the original article here
SC holds SBI-led consortium of banks as financial creditors in Reliance Infratel case ETLegalWorld.com Read the original article here