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NCLT directs liquidation of Tulip Hotels as it fails to get bidder within prescribed timeline, ET TravelWorld
NCLT has directed for the liquidation of debt-ridden Tulip Hotels, as the tribunal failed to receive any bidder during its
Meet The Attys Guiding New Zealand Software Co.’s Ch. 15
By Emlyn Cameron · January 16, 2025, 3:20 PM EST Montoux, a New Zealand-based provider of actuarial software, has hired lawyers
NCLT directs liquidation of Tulip Hotels as it fails to get bidder within prescribed timeline
On May 16, 2023, the NCLT had directed the initiation of a Corporate Insolvency Resolution Process (CIRP) against Tulip Hotels
Cybersecurity Breaches Are Increasing Business Insolvency Risks
Data breaches and ransomware attacks in the US are increasing companies’ risk of financial losses, in many cases dragging them
Cybersecurity Breaches Are Increasing Business Insolvency Risks
Data breaches and ransomware attacks in the US are increasing companies’ risk of financial losses, in many cases dragging them
England: Builder sentenced after using company funds to pay for Audi and stealing plant machinery
A builder who used company funds to pay for his high-performance car and stole almost £90,000 in plant machinery has
Fall in company collapses last year but experts warn of ongoing ‘headwinds’
Despite the drop year on year, the number of insolvencies was far higher than most of the last decade, and
Tulip Hotels Faces Liquidation After Failed Insolvency Resolution
Tulip Hotels is heading towards liquidation after the National Company Law Tribunal (NCLT) directed this course of action. The
No Appeal u/s 61 of IBC Maintainable After Dissolution of Corporate Debtor
The tribunal held that an appeal under section 61 of the IBC cannot be entertained after the dissolution of the
CoC ‘s Commercial wisdom in rejecting resolution plans and opting for liquidation is “Non-Justiciable”
The Tribunal held that the CoC, in its commercial wisdom, had not accepted the resolution plan and had directed the
Surge in number of Australians seeking debt help – News
Inflation may be easing but Australians are still acutely feeling the effects of higher prices, with a substantial increase in
California man with $170K in tax debt mulls bankruptcy after buying pre-IPO shares. Here are 3 options to help him...
California man with $170K in tax debt mulls bankruptcy after buying pre-IPO shares. Here are 3 options to help him