IBC Avoidance Provisions Aim To Restore Corporate Debtor’s Estate: NCLT Kochi

Thiruvananthapuram, Jan 12 (KNN) The National Company Law Tribunal (NCLT) at Kochi has clarified that the avoidance provisions under the Insolvency and Bankruptcy Code (IBC) are designed to neutralise the preferential effect of certain transactions and restore the corporate debtor’s estate, rather than impose punitive liability on the beneficiary.  The observation was made by Judicial…

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Yoyoso group liquidation: Supermarkets, retail stores put into liquidation with millions owed

BusinessDesk 12 Jan, 2026 02:28 AMQuick Read Subscribe to listen Access to Herald Premium articles require a Premium subscription. Subscribe now to listen.Subscribe now ‌ Save Share this article Copy Link Email Facebook Twitter/X LinkedIn Reddit A large group of Asian supermarkets and retail stores has gone into liquidation across Auckland owing millions. BusinessDesk this…