The National Company Law Tribunal (NCLT), Kolkata Bench, has admitted a petition filed by Aditya Birla Capital Limited to initiate insolvency proceedings against Priya Food Products Limited for a default of nearly ₹10 crore. The bench, comprising Member (Judicial) Shri Labh Singh and Member (Technical) Ms. Rekha Kantilal Shah, allowed the plea under Section 7…
What’s next after crypto’s largest long liquidation event since February? theblock.co Read the original article here
Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently…
Smiths City administrators push for liquidation as claims mount to $25 million ThePost.co.nz Read the original article here
Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently…
Facebook Twitter LinkedIn Threads WhatsApp Telegram The ruling underscores the obligation of government agencies, including the IRB, to comply strictly with winding-up procedures when dealing with liquidated companies. – Photo by Chimon Upon KUCHING (Sept 25): The High Court here has allowed a judicial review application by Harvard Master Sdn Bhd, quashing tax assessment notices…
In a recent ruling, the Supreme Court has refused to interfere with the Gujarat HighCourt’s decision confirming the decision that no fresh income tax claims or reassessment proceedings can be initiated once a resolution plan under the Insolvency and Bankruptcy Code (IBC), 2016 is approved. The respondent in the SLP, Ausil Corporation, was issued with…
We are deeply saddened to learn that MS Society South Australia & Northern Territory (MS SA&NT) has entered into voluntary administration. Our immediate concerns are for people living with MS, families and carers who rely on the services provided by MS SA&NT, as well as the dedicated staff who have contributed so much to supporting…
Share on: 09/25/2025 10:52 Increase in insolvencies in the first half of 2025 weaker than in previous years In the first half of 2025, the number of corporate insolvencies filed rose to 12,000, but the increase was lower than in the first six months of 2024 and 2023. The number of company insolvency petitions rose…
Nicheliving directors save failed company from liquidation MSN Read the original article here