Aban Offshore Navigates Complex Insolvency Path Amidst Settlement Hopes Aban Offshore Limited, a key player in India’s offshore drilling services sector, remains deep in its Corporate Insolvency Resolution Process (CIRP). The latest development comes from the National Company Law Appellate Tribunal (NCLAT), Chennai, which has pushed back a crucial hearing to March 27, 2026. This…
REVEALED: Latest business liquidations in Hume Herald Sun Read the original article here
Business Restructuring Review Vol. 25 No. 1 | January-February 2026 | Insights | Jones Day …
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Australian administrators were given four days to line up potential suitors for IoT connectivity and services provider Thinxtra, which entered voluntary administration yesterday (7 December). The local office of professional services company Grant Thornton is handling the proceedings, which involve seeking expressions of interest from potential buyers by noon on 11 December. Thinxtra provides low-power,…
According to Hampshire-based firm Azets, all three main corporate insolvency processes saw increases in January 2026 compared to December 2025, despite an overall year-on-year decline. Chris Tate, partner in restructuring and insolvency at Azets, said: “More broadly, it’s a case of new year, same problems as rising costs – notably purchasing, staff and energy –…
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Tahmoor falls into administration The Australian Mining Review Read the original article here
Sonam Mhatre, Amit Mishra Under Section 14 of the Insolvency and Bankruptcy Code, 2016 (“IBC”), once a company enters Corporate Insolvency Resolution Process (“CIRP”), a moratorium is declared to protect its assets and maintain it as a going concern. However, in many redevelopment cases, defaulting developers misuse this protection. The moratorium is meant to protect…
REVEALED: Latest business liquidations in Monash Herald Sun Read the original article here