Thank you for reading this post, don’t forget to subscribe! The Supreme Court held that a society or Resident Welfare Association of homebuyers has no locus standi to intervene in insolvency proceedings against a real estate developer, as it is neither a creditor nor an authorised representative of allottees. NEW DELHI: The Supreme Court determined…
Lin Liu, director of liquidated Yoyoso/Miniso, leaves debt trail BusinessDesk | NZ Read the original article here
Despite 26,005 business insolvencies recorded across the UK and Northern Ireland in 2025, Bradford’s liquidation rate stands at just two per cent, according to an analysis by Liquidation Centre. Out of 1,590 businesses within a 500-metre radius, only 32 in the city entered liquidation. Richard Hunt, director at Liquidation Centre, said: “The data highlights just…
Renco Holdings Appoints Joint Liquidators as Hong Kong Court-Ordered Winding-Up Proceeds TipRanks Read the original article here
The Delhi High Court has ruled that pendency of corporate insolvency resolution process (CIRP) proceedings under the Insolvency and Bankruptcy Code (IBC) cannot be invoked by an investigated person to seek production of documents from the Central Bureau of Investigation (CBI) during the course of investigation. The observation was made by the Delhi High Court…
The operator sold holidays to Dubai, Saudi Arabia and beyond (Picture: Getty Images) A British travel firm that sold flight and hotel holiday packages for Europe and Southeast Asia has gone into liquidation. And if you’ve booked a trip with them, you’d better check the fine print. Regen Central Ltd, which was founded in 2011…
Homebuyers’ maintenance societies, RWAs can’t intervene in insolvency process of developer: SC ET Realty Read the original article here
IICA launches registration for 8th batch of Post Graduate Insolvency Programme; signs MoU with IIIPI–ICAI PIB Read the original article here
The Supreme Court on Thursday (January 15) held that Resident Welfare Associations (RWAs) representing homebuyers cannot intervene in the Corporate Insolvency Resolution Process unless the RWA itself has disbursed funds or is directly a party to the financial transaction, as only then can it claim the status of a financial creditor. “A society or Resident…
Bradford is outperforming the national trend when it comes to business liquidations. Despite 26,005 business insolvencies recorded across the UK and Northern Ireland in 2025, Bradford’s liquidation rate stands at just two per cent, according to an analysis by Liquidation Centre. Out of 1,590 businesses within a 500-metre radius, only 32 in the city entered…