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NCLT Recalls Corporate Insolvency Resolution Process Initiated Against Alchemist

NCLT Recalls Corporate Insolvency Resolution Process Initiated Against Alchemist “The insolvency proceedings were vitiated by fraud, collusion, and malicious intent” FinTech BizNews Service Mumbai, 5 February 2026: Directorate of Enforcement (ED) has secured a significant judicial outcome, as the Hon’ble National Company Law Tribunal (NCLT), New Delhi, vide its order dated 03.02.2026, recalled the…

CoC Approves Forensic Audit, Eyes Resolution Plan

The Financial Deep Dive Radhagobind Commercial Limited is navigating a crucial phase of its Corporate Insolvency Resolution Process (CIRP), as evidenced by the Committee of Creditors (CoC) third meeting held on February 5, 2026. Chaired by Interim Resolution Professional (IRP) Mr. Najeeb T P, the meeting underscored the ongoing efforts to ascertain the company’s…

Piramal Finance Cleared in ₹5050 Cr Money Laundering Case

Legal Exoneration and the IBC’s “Clean Slate” A Mumbai Special Prevention of Money Laundering Act (PMLA) Court has discharged Piramal Finance, the successor entity to Dewan Housing Finance Corporation Limited (DHFL), from a significant ₹5,050 crore money laundering case. The February 2, 2026 ruling, applying Section 32A of the Insolvency and Bankruptcy Code (IBC),…

NCLT Recalls Alchemist Insolvency Amidst ED Fraud Probe

The Regulatory Sword: Insolvency Process Recalled The National Company Law Tribunal (NCLT) in New Delhi has formally recalled the Corporate Insolvency Resolution Process (CIRP) initiated against Alchemist Limited. This significant judicial action, dated February 3, 2026, follows decisive intervention by the Enforcement Directorate (ED). The Tribunal’s order unequivocally states that the insolvency proceedings were…

Australian RV Manufacturer Zone RV Files for Voluntary Administration – RV PRO

According to a report from News.co.au, hundreds of Aussie workers are in limbo after a major RV manufacturer was plunged into voluntary administration weeks before Christmas. Zone Manufacturing Pty Ltd, which trades as Zone RV in Coolum Beach, one of Queensland’s largest luxury off-road manufacturers, filed for voluntary administration on Monday. Rahul Goyal, Catherine Margaret…

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