Insolvency Guardian Media Centre

Stay informed with the latest in insolvency news and industry updates. We can keep you up to date with insolvency and finance information from around the world.
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‘The party is over’ as Tupperware files for bankruptcy after years of troubles
New York/London CNN  —  Tupperware, known the world over for its plastic food storage containers, has filed for bankruptcy after
Mere Possession Over Assets Of Corporate Debtor Under SARFAESI Act Does Not Bar Filing Of Petition U/S 7 Of IBC:...
The NCLT Kolkata bench of Ms. Bidisha Banerjee (Judicial Member) and Shri Arvind Devanathan (Technical Member) have held that mere
South Korean crypto platform Delio declared bankrupt, owing $1.75 billion – MSN
South Korean crypto platform Delio declared bankrupt, owing $1.75 billion  MSN Read the original article here
NCLAT Chennai Protects Operational Creditor’s Claims
The National Company Law Appellate Tribunal (NCLAT), Chennai bench of Justice Sharad Kumar Sharma (Judicial Member) and Mr Jatindranath Swain
Assistant Treasurer announces appointments to IPRDC, CADB
The Albanese government has appointed Howard Insall SC as the part‑time Chairperson of the Companies Auditors Disciplinary Board (CADB) for
China’s bankruptcy regime matures as demand rises
In an underperforming economy, China’s bankruptcy regime is following a steep trajectory to maturity and doomed businesses are making a
NCLAT Limits Insolvency to One Project – Construction World
NCLAT Limits Insolvency to One Project  Construction World Read the original article here
Corporate Debtor not fall under “Aggrieved Party”, Appeal Filed u/s 61 of IBC not Maintainable: NCLAT
The tribunal held that the appellant being a shareholder of the company is not the “aggrieved party” as per the
Petition U/S 9 Of IBC Cannot Be Rejected On Grounds Of Raising Spurious Claim Of Pre-Existing Dispute: NCLAT
The NCLAT New Delhi bench of Mr. Justice Ashok Bhushan (Chairperson) and Mr. Barun Mitra (Technical Member) has held that
Begbies Traynor appoints Kevin Mapstone as director in Edinburgh 
Mapstone will contribute to the company’s operations in Dundee, Aberdeen and more. Credit: © Begbies Traynor Group plc. Professional services
South Africa’s G20 Presidency: Paving the way for sustainable finance and debt reform in global governance
Summary Africa remains at the epicentre of the global debt crisis, with existing debt frameworks insufficient for addressing the
KTM attempts to stave off bankruptcy with restructuring | MotoGP
The Pierer Mobility Group has announced that KTM is entering into voluntary restructuring in order to avoid bankruptcy amid ongoing