Insolvency Guardian Media Centre

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Insolvency and Bankruptcy Code (Amendment) Bill, 2025 proposes group and cross- border insolvency  SCC Online Read the original article here
Company that ran Chesterfield soft play centre enters liquidation – with debts of more than £194,000  Derbyshire Times Read the original
The much-awaited bill to amend the Insolvency and Bankruptcy Code (IBC) was introduced in the Lok Sabha on Tuesday by
PixelBiss / Shutterstock.com Several subsidiaries of the Brabant shoe brand Van Lier have been declared bankrupt and its web shop
Melbourne: Cricket Australia (CA) chief executive Todd Greenberg has cautioned that some countries may go bankrupt if they persist in
German plastic recycler Saperatec files for insolvency  Sustainable Plastics Read the original article here
Major trucking company goes bust after almost 60 years of operating across Australia  MSN Read the original article here
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Govt introduces insolvency law amendment bill in Lok Sabha  YourStory.com Read the original article here

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Insolvency and Bankruptcy Code (Amendment) Bill, 2025 proposes group and cross- border insolvency  SCC Online

Read the original article here

Company that ran Chesterfield soft play centre enters liquidation – with debts of more than £194,000  Derbyshire Times

Read the original article here

The much-awaited bill to amend the Insolvency and Bankruptcy Code (IBC) was introduced in the Lok Sabha on Tuesday by Finance Minister Nirmala Sitharaman, who said that the proposed changes are aimed at reducing delays, maximising value for all stakeholders, and improving governance of all processes under the Code. The proposed modifications include provisions to ensure faster admission of insolvency cases, an out-of-court mechanism to address “genuine business failures”, and introduction of group and cross-border insolvency frameworks, and a slew of others.

Introduced in 2016, the IBC promised an overhaul of insolvency resolution with the aim to rescue and reorganise distressed companies through a time-bound process, prioritising…

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PixelBiss / Shutterstock.com

Several subsidiaries of the Brabant shoe brand Van Lier have been declared bankrupt and its web shop is offline. The parent company is also reported to have filed for bankruptcy.

No surprise

The webshop of shoe brand Van Lier has been taken offline and several subsidiaries appear to have been declared bankrupt: they are Van Lier b.v., Van Lier Amsterdam b.v. and Van Lier Shoes b.v. According to Emerce, the parent company Van Lier Holding b.v. is not yet bankrupt, but it has filed a bankruptcy petition. The court in…

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Melbourne: Cricket Australia (CA) chief executive Todd Greenberg has cautioned that some countries may go bankrupt if they persist in playing Test cricket, adding that he sees a future where fewer nations are featured in the game’s longest format.

As of now, nine teams compete in the World Test Championship (WTC), but a working group was made during the ICC Annual Conference in Singapore to assess if a two-tier Test system is feasible.

“I don’t think there is a right number (of Test-playing nations)… But I think in the future scarcity in Test cricket is our friend, not our foe. What I mean by that is, I don’t think everyone in world cricket needs to aspire to play Test cricket and that might be OK.

“A lot of…

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German plastic recycler Saperatec files for insolvency  Sustainable Plastics

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Major trucking company goes bust after almost 60 years of operating across Australia  MSN

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Govt introduces insolvency law amendment bill in Lok Sabha  YourStory.com

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