van Eyk’s administrator has recommended winding up the research house, ahead of a meeting tomorrow to determine the company’s fate. A month after being appointed administrator for the troubled research house, Trent Hancock, of Moore Stephens Corporate Recovery, said in a report to creditors it would be in the best interests of creditors to wind…
A major caravan manufacturer has collapsed into administration, leaving hundreds of customers and employees in limbo weeks before Christmas. Zone RV makes luxury off-road vans out of its base in Coolum, on Queensland’s Sunshine Coast. Employees arriving at work on Monday morning were told the news and sent home. The ABC understands about 250 staff…
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Mumbai: Creditors have realised nearly Rs 4 lakh crore under resolution plans implemented through the Insolvency and Bankruptcy Code (IBC) up to September 30, 2025, according to the Reserve Bank of India’s Financial Stability Report released on Wednesday. Since the corporate insolvency resolution process (CIRP) came into effect in December 2016, a total of 8,659…
Creditors realised Rs 4 lakh crore under IBC till September: RBI report MSN Read the original article here
Carborundum Universal Completes Voluntary Liquidation of Czech Republic Subsidiary scanx.trade Read the original article here
Legal and ethical standards in corporate insolvency . By Elizabeth Streten 1st edition 2024 , Routledge, Abingdon/New York ), 240pp, £135, ISBN 978-1-032-46246-2 Wiley Online Library Read the original article here
Creditors Realised Rs 4 Lakh Crore Under IBC Till September 2025: RBI Report NDTV Profit Read the original article here
The National Company Law Tribunal (NCLT) at New Delhi has held that advances paid for the supply of raw material under a job work arrangement can be treated as corporate insolvency resolution process costs if they were necessary to keep the corporate debtor functioning as a going concern during CIRP. A coram of President Justice…