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NCLT Admits Application for CIRP by SBI against Corporate Debtor for Providing financial assistance of Rs.25.75 Cr [Read Order]
In a recent case, the Ahmedabad Bench of the National Company Law Tribunal (NCLT) admitted the application for initiation of
SPAL are declared bankrupt due to €10 million debt, brand to be auctioned off – Tribuna.com
SPAL are declared bankrupt due to €10 million debt, brand to be auctioned off  Tribuna.com Read the original article here
Insolvency hits record high: The urgent need for better cash flow management
Australia is experiencing a sharp rise in business insolvencies, driven by cash-flow stress. More than 11,000 businesses entered external administration
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German phone repair and insurance firm goes bankrupt after paying €200,000 to ransomware hackers despite reported revenue of 70 million
Despite tens of millions of revenue, a $230,000 ransomware fee has seemingly taken out one of Germany's leading insurance firms.As
Claire’s files for bankruptcy again as debt pile looms
People walk by a Claire's store on December 11, 2024 in San Rafael, California.Justin Sullivan | Getty ImagesTween retailer Claire's
The growing consciousness of the Indian Judiciary – IBC vs Slum Act – Bar and Bench
The growing consciousness of the Indian Judiciary - IBC vs Slum Act  Bar and Bench Read the original article here
Set-Off Of Transactions Executed Prior To Commencement Of CIRP Based On Arbitral Award Is Permissible… – Live Law
Set-Off Of Transactions Executed Prior To Commencement Of CIRP Based On Arbitral Award Is Permissible...  Live Law Read the original article
Dalmia Bharat Secures CCI Approval for Acquisition of Jaiprakash Associates Amid Insolvency, ETRealty
Representative image created by AINEW DELHI: The Competition Commission of India (CCI) on Tuesday approved Dalmia Bharat's proposal to acquire
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Cult hatted Melbourne restaurant collapses into administration after five years – MSN
Cult hatted Melbourne restaurant collapses into administration after five years  MSN Read the original article here
Award-winning cult restaurant goes bust
A popular Melbourne eatery has been forced into voluntary administration. An award-winning Melbourne restaurant which began as a delivery service