China South City Warns of Further Delay to 2023 Final Dividend Amid Court-Ordered Liquidation – TipRanks
China South City Warns of Further Delay to 2023 Final Dividend Amid Court-Ordered Liquidation TipRanks Read the original article here
Liquidators of long-running Timaru business yet to obtain payment for two large projects – The Press
Liquidators of long-running Timaru business yet to obtain payment for two large projects The Press Read the original article here
Secretary, DFS chairs review meeting to discuss issues related to pending IBC cases at NCLT – PIB
Secretary, DFS chairs review meeting to discuss issues related to pending IBC cases at NCLT PIB Read the original article here
IBBI Imposes ₹2 Lakh Penalty on Insolvency Professional for Non-Cooperation in Investigation, Flags Serious Irregularities in CIRP [Read Order]
The Insolvency and Bankruptcy Board of India (IBBI) has imposed a monetary penalty on insolvency professional after finding that he failed to cooperate with an investigation initiated in connection with a Corporate Insolvency Resolution Process (CIRP). The Disciplinary Committee observed that non-cooperation with the Investigating Authority prevented timely examination of allegations relating to valuation and…
NCLAT Directs Suspended Director to Contribute ₹8.71 Crore with 12% Interest to Corporate Debtor [Read Order]
https://www.taxscan.in/tags/national-company-law-tribunal The National Company Law Appellate Tribunal (NCLAT), Principal Bench at New Delhi, upheld the National Company Law Tribunal (NCLT) order directing contribution to the assets of a corporate debtor after finding that a share transaction with a related party was carried out with the intent to defraud creditors. The appeal arose from proceedings under…
NCLT Approves Resolution Plan with 100% Voting Share from Creditors [Read Order]
The Mumbai Bench of the National Company Law Tribunal (NCLT) has approved a resolution plan, bringing the corporate insolvency resolution process to a close after it received unanimous approval from the committee of creditors. The order relates to Latakisan Construction Private Limited, in respect of which an application was filed by the Resolution Professional seeking…
RBI Reports ₹4 Lakh Crore Realised Under IBC by September 2025, ETRealty
MUMBAI: Creditors have realised Rs 4 lakh crore under the resolution plans initiated under the Insolvency and Bankruptcy Code till September 30, 2025, according to a Reserve Bank report on Wednesday. Since the provisions relating to the corporate insolvency resolution process came into force in December 2016, a total of 8,659 CIRPs have been initiated…
van Eyk administrator recommends liquidation
van Eyk’s administrator has recommended winding up the research house, ahead of a meeting tomorrow to determine the company’s fate. A month after being appointed administrator for the troubled research house, Trent Hancock, of Moore Stephens Corporate Recovery, said in a report to creditors it would be in the best interests of creditors to wind…
Luxury caravan manufacturer Zone RV collapses into administration
A major caravan manufacturer has collapsed into administration, leaving hundreds of customers and employees in limbo weeks before Christmas. Zone RV makes luxury off-road vans out of its base in Coolum, on Queensland’s Sunshine Coast. Employees arriving at work on Monday morning were told the news and sent home. The ABC understands about 250 staff…
No Cookies | The Courier Mail
Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently…