The Supreme Court has upheld an order admitting the company petition seeking initiation of the corporate insolvency resolution process under Section 7 of the Insolvency and Bankruptcy Code, against M/s. Grand Venezia Commercial Towers Pvt Limited and M/s. Bhasin Infotech and Infrastructure Private Limited. The Apex Court was of the view that the NCLT and…
Troubled office furniture company files for Chapter 11 bankruptcy thestreet.com Read the original article here
The National Company Law Appellate Tribunal (NCLAT) has dismissed BSE’s appeals against NCLT’s order to defreeze the demat accounts of businesses undergoing insolvency resolution and liquidation process.The case pertained to two companies – Future Corporate Resources and Liz Traders and Agents. BSE froze their demat accounts as these companies, which are undergoing an insolvency process,…
BKM Industries Limited Reports Q1FY24 Financial Results with Delayed Submission Due to CIRP scanx.trade Read the original article here
Representative image. | Photo Credit: Getty Images/iStockphoto The National Company Law Appellate Tribunal (NCLAT) has dismissed the appeals filed by BSE, where the leading bourse challenged the power of the NCLT to defreeze the Demat accounts of businesses undergoing insolvency resolution and liquidation process. “…the impugned orders have been passed in valid exercise of such…
NCLAT Upholds IBC Over Exchange Powers India’s National Company Law Appellate Tribunal (NCLAT) has dismissed appeals from the Bombay Stock Exchange (BSE), reinforcing the National Company Law Tribunal’s (NCLT) authority to unfreeze Demat accounts for companies in insolvency. The decision, dated March 29, 2026, emphasizes the Insolvency and Bankruptcy Code’s (IBC) precedence over securities laws…
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GEELONG, Australia, March 25, 2026 (GLOBE NEWSWIRE) — Carbon Revolution plc (OTC Expert Market: CREVF) (the “Company”), a Tier 1 OEM supplier and the leading global manufacturer of lightweight advanced technology automotive carbon fiber wheels, today issued the following statement. The Company’s wholly owned Australian subsidiaries have decided to initiate a planned Voluntary Administration in…
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A pub firm at the heart of a Suffolk village has collapsed into liquidation, marking a difficult moment for the local community it served. Goldings Public House Ltd, which trades as The Victoria in Thurston near Bury St Edmunds, has entered creditors’ voluntary liquidation, according to a notice published in The London Gazette on 28…