NCLT cannot give a debtor business time to repay its debt once it is satisfied that the default has occurred and the debt is owed – NCLAT – Corporate / Commercial Law
India: NCLT cannot give a debtor business time to repay its debt once it is…
Oswaldtwistle: the Black Dog pub goes into liquidation
A popular East Lancashire pub has been put into liquidation after facing a few ‘tough’…
Alpha Latam Management, LLC and its debtor subsidiaries receive US Bankruptcy Court approval for sale of Colombian assets to CFG Partners Colombia SAS
MIAMI, November 19, 2021 / PRNewswire / – Alpha Latam Management, LLC and certain of…
Srei creditors may consider joint insolvency proceedings
Consolidated insolvency proceedings may generate more interest among potential bidders than sole proprietorships A staff…
Creditors Committee Says Maximizing Debtor’s Asset Value Is Supreme
The commercial wisdom of the Creditors Committee under the Insolvency and Bankruptcy Code enjoys full…
Certificate of no objection from the IT department not required for voluntary liquidation: IBBI
Insolvency regulator IBBI has clarified that an Insolvency Professional (IP) managing the voluntary liquidation process…
Business News | Stock market and stock market news | Financial news
Search for quotes, news, net asset values of mutual funds A 97 (Paytm) INE982J01020, PAYTM,…
Portugal changes insolvency path with recovery plan
Since March 2020, the Covid-19 pandemic has led to the taking of several political decisions…
The insolvency practitioner does not need to request the CNP from the tax service during the voluntary liquidation process: IBBI
The IBBI said an insolvency practitioner responsible for the voluntary liquidation process does not have…
Carillion: the High Court clarifies the scope of the legal stay in liquidation
In FCA vs. Carillion [2021] EWCH 2871 (Ch), the High Court confirmed that the enforcement…