Among domestic companies, the number of marginal companies that have been pushed to the stage just b..

Last year, credit-risk B-grade companies increased 24% in a year, raising concerns about companies falling into bankruptcy due to the largest external situation ever 사진 확대 The corporate building from Namsan Mountain in Seoul. The photo and the article are not relevant. [Photo = Yonhap News] Among domestic companies, the number of marginal companies that…

Insufficiently Stamped Agreements Do Not Present A Bar To Application U/S 7 Of IBC: NCLT Bengaluru

The National Company Law Tribunal (NCLT), Bengaluru Bench, consisting of Shri. Sunil Kumar Aggarwal, Member (Judicial), and Shri. Radhakrishna Sreepada, Member (Technical), admitted a petition filed under Section 7 of the IBC, 2016, read with Rule 4 of the Insolvency & Bankruptcy (Application to Adjudicating Authority) Rules, 2016, seeking to initiate the Corporate Insolvency Resolution…

Karnataka High Court Directs Byju’s RP To Preserve E-Mails, Communication Between Stakeholders For CIRP Purposes

The Karnataka High Court on Friday directed the Resolution Profession presiding over the insolvency proceedings initiated against Think And Learn Private Limited (BYJUS) to preserve all the emails or conversations between all the stakeholders in the case at hand, which would be required for the Corporate Insolvency Resolution Process. A single judge, Justice M Nagaprasanna…