Interest Cannot Be Claimed Solely On Parity With Other Creditors Without Contractual Proof: NCLT Indore Live Law Read the original article here
Simply put, insolvency happens when a business is not able to pay its debts. When a company is not able to locate funds to pay debts that are due, for example through taking on additional debt, it can legally file for bankruptcy. The company is then dissolved, and its assets are sold, usually by a…
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NCLAT Rejects Equitas SFBs Insolvency Plea Against Jumbo Finvest, Upholds NCLT Order NDTV Profit Read the original article here
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Keppel Completes Voluntary Liquidation of Dormant Shanghai Subsidiary TipRanks Read the original article here
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Aspen (Group) Holdings Limited Provides Update on Subsidiary Liquidation Status Key Developments for Investors and Shareholders Aspen (Group) Holdings Limited (“Aspen” or “the Company”) has issued a formal update to shareholders regarding the ongoing liquidation of several of its subsidiaries. The announcement, dated 29 December 2025 and signed by President and Group CEO Dato’ Murly…
Details for Investors and Shareholders Background: Keppel Ltd., a major Singapore-based conglomerate, has officially completed the voluntary liquidation of its dormant wholly-owned subsidiary, Techbod Info Tech (Shanghai) Co. Ltd. The process was initiated as part of the company’s ongoing review of its corporate structure and asset optimization strategy. Implications: The subsidiary in question was dormant,…