Insolvency Guardian Media Centre

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NCLT lets SpiceJet lessor withdraw IBC plea, imposes ₹15 lakh costs | Company News
The Delhi Bench of the National Company Law Tribunal (NCLT) on Wednesday permitted aircraft lessor Aviator ML 29641 Limited
₹3.76 Lakh Crore in Avoidance Claims, Only ₹7,500 Crore Recovered; IBBI Plans New Framework
New Delhi: The Insolvency and Bankruptcy Board of India (IBBI) is developing an inter-agency mechanism to improve the identification and
Scottish pub and restaurant company placed into liquidation
A liquidator has been appointed to a well-known Scottish pub company.The operator of the popular Ayrshire bar and restaurant is
Bobble AI faces insolvency proceedings over Rs 5.77 crore dues – Exchange4Media
Bobble AI faces insolvency proceedings over Rs 5.77 crore dues  Exchange4Media Read the original article here
US Treasury doubles long-dated debt buybacks to boost liquidity
The United States (US) Department of the Treasury (US Treasury) announced on Wednesday that it will double the size of
NAICOM cancels Universal Insurance licence, begins winding-up over capital shortfall
The National Insurance Commission (NAICOM) has cancelled the operating licence of Universal Insurance Plc and appointed a receiver/provisional liquidator to
Reading Housing Authority seeks $1.475 million in debt relief for River Oak
The Reading Housing Authority is asking the city to release a $1.475 million debt tied to the River Oak Apartments,
Can debt collectors contact you at work? Here’s what borrowers should know
Federal law puts important restrictions on when third-party debt collectors can communicate with borrowers. Getty Images/iStockphoto With U.S. household debt
Stablecoins after GENIUS: Private money, public debt, and the global dollar
The rapid growth of U.S. dollar-backed stablecoins has moved them from the margins of the cryptocurrency ecosystem into the center
Why delays in resolution remain a key challenge under Insolvency process 
"These prolonged timelines highlight the impact of ageing cases, litigation and procedural bottlenecks on recovery efficiency," it pointed.Even as delays
End of the line for 143 businesses in South Africa – businesstech.co.za
End of the line for 143 businesses in South Africa  businesstech.co.za Read the original article here
Bobble AI enters insolvency process over ₹5.77 crore default
The National Company Law Tribunal (NCLT) has initiated the Corporate Insolvency Resolution Process (CIRP) against Talent Unlimited Online Services, the