Homebuyers' maintenance societies, RWAs can't intervene in insolvency process of developer: SC – ET Realty
Homebuyers’ maintenance societies, RWAs can’t intervene in insolvency process of developer: SC ET Realty Read the original article here
Homebuyers’ maintenance societies, RWAs can’t intervene in insolvency process of developer: SC ET Realty Read the original article here
IICA launches registration for 8th batch of Post Graduate Insolvency Programme; signs MoU with IIIPI–ICAI PIB Read the original article here
The Supreme Court on Thursday (January 15) held that Resident Welfare Associations (RWAs) representing homebuyers cannot intervene in the Corporate Insolvency Resolution Process unless the RWA itself has disbursed funds or is directly a party to the financial transaction, as only then can it claim the status of a financial creditor. “A society or Resident…
Bradford is outperforming the national trend when it comes to business liquidations. Despite 26,005 business insolvencies recorded across the UK and Northern Ireland in 2025, Bradford’s liquidation rate stands at just two per cent, according to an analysis by Liquidation Centre. Out of 1,590 businesses within a 500-metre radius, only 32 in the city entered…
Business closures expected to rise further as liquidation numbers stay high HRD America Read the original article here
The owner of the Stoli vodka brand has declared its US division, as well as the Kentucky Owl American whiskey business, as bankrupt, ending a year-long battle to save the pair. In November 2024, Luxembourg-headquartered Stoli Group, owned by Russian businessman Yuri Shefler, filed for Chapter 11 bankruptcy for Stoli Group USA and Kentucky Owl. The…
Summary Company Announcement Date: January 12, 2026 FDA Publish Date: January 12, 2026 Product Type:
A fresh legal challenge has been filed in the Federal Court of Australia, continuing a long-running series of court proceedings involving the Cyprus Community of NSW and its assets, this time directed at Cyprus Community of N.S.W. (Holdings) Limited. Court documents filed in December show that Dr Costas Costa has commenced proceedings under the Corporations…
Bradford businesses among the lowest in insolvencies in the UK MSN Read the original article here
The National Company Law Tribunal (NCLT), Indore Bench, has held that a Central Goods andServices Tax (CGST) Superintendent was guilty of contempt as he did not comply with the refund directions during the moratorium The case from the Corporate Insolvency Resolution Process (CIRP) of Bhagwan Motors Pvt. Ltd in June 2019. During the moratorium, the…