Rescon Granny Flats collapses into liquidation after failing to answer customer concerns about shoddy unfinish – Daily Mail

Rescon Granny Flats collapses into liquidation after failing to answer customer concerns about shoddy unfinished projects and delays in NSW – and now the owners have vanished Business has many one-star reviews Won housing excellence award in 2017 Now in liquidation after failing to respond to customers Do you know more? Contact: [email protected]  By Eliza…

Corporate insolvency plea against Cafe Coffee Day stayed, next hearing on September 20 – The New Indian Express

By Online Desk The Chennai bench of the National Company Law Appellate Tribunal (NCLAT) has stayed the admission of a corporate insolvency plea against cafe chain Cafe Coffee Day (CCD). The Bengaluru bench had earlier admitted the plea which the Chennai bench stayed until the next hearing of the appeal filed by CCD’s CEO Malavika…

Corporate Distress And Compassion: Integrating Humanitarian Values Into NCLT's Decisions – Live Law – Indian Legal News

The Insolvency and Bankruptcy Code, 2016 (IBC) is a landmark legislation that aims to provide a speedy and efficient resolution of Insolvency and Bankruptcy cases in India. The IBC empowers the National Company Law Tribunal (NCLT) to admit and adjudicate applications for initiating Corporate Insolvency Resolution Process (CIRP) against defaulting companies. The IBC’s primary goal…