ENGlobal’s Final Chapter: Liquidation Nears Completion

The corporate dissolution of ENGlobal is entering its conclusive phase under court supervision. Having transitioned to a formal liquidation plan last year, the company’s remaining activities are now solely focused on winding down operations through a liquidation trust. For existing shareholders, this process signals the imminent end of their equity participation. A pivotal event in…

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Supreme Court clears insolvency action against Greater Noida real estate firms

The Supreme Court has upheld the initiation of corporate insolvency resolution proceedings against Bhasin Infotech and Infrastructure Pvt. Ltd. and Grand Venezia Commercial Towers Pvt. Ltd., both associated with a delayed real estate project in Greater Noida. The ruling came after the court rejected appeals filed by the companies former directors challenging earlier tribunal orders…