Insolvency Guardian Media Centre

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Brand Builder clients told to pay their monthly fees on the day the company shutdown – The Irish News
Clients of a controversial online “brand building” company which shut last week were told to pay up by March 31
NCLT Cannot Suo Moto Amend Date of Default in Insolvency Application Unless Amendment Application is Filed
The tribunal held that no liability can be fastened on the corporate debtor for default committed during Section 10A period.
IBC not a tool for debt collection | India
Although the primary aim of the Insolvency and Bankruptcy Code, 2016 (IBC), is to revive financially distressed entities and ensure
CCI Approval Mandatory for Resolution Plan Approval by Coc – Lexology
CCI Approval Mandatory for Resolution Plan Approval by Coc  Lexology Read the original article here
NCLAT:Breach of Settlement Agreement Does Not Bar Financial Creditors from Filing Application u/s 7 of IBC
The Tribunal held that if the Corporate Debtor had genuinely contested the revocation, they would have referred to payments made
Parent company of Finlayson, Makia and Vallila files for bankruptcy – Helsinki Times
Parent company of Finlayson, Makia and Vallila files for bankruptcy  Helsinki Times Read the original article here
Director banned after securing Covid loans for takeaway and parcel delivery company which never traded
Adam Ebrahim set up two companies which were intended to be a takeaway and separate business delivering packages, but neither
NCLAT Upholds Liquidation of Go Airlines
The Tribunal rejected the appeal but allowed the appellant to submit a compromise and arrangement plan in accordance with Regulation
Miniso Australia facing winding up order after collapse
The Australian former master franchisee for multinational discount retailer Miniso will face a winding up hearing in the Supreme Court
Strong Room AI’s administrators press ahead with sale amid court battle over $10 million – Startup Daily
Strong Room AI’s administrators press ahead with sale amid court battle over $10 million  Startup Daily Read the original article here
Hydrogen firm Infinite Green Energy enters administration – Energy Source & Distribution
Hydrogen firm Infinite Green Energy enters administration  Energy Source & Distribution Read the original article here
Blockbuster deal will wipe out $30 billion in medical debt.
By Noam N. Levey, KFF Health News Even Backers Say It’s Not Enough. Underscoring the massive scale of America’s medical debt