
Supreme Court suspends liquidation of Siva Industries after promoters appeal
The Supreme Court (SC) stayed an order from the National Company Law Appellate Tribunal (NCLAT)…
The Supreme Court (SC) stayed an order from the National Company Law Appellate Tribunal (NCLAT)…
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Shackles preventing stakeholders from lobbying companies will soon be resolved as petition protections and rental…
Dartmouth, NS – The most common circumstances that could cause someone to accumulate unmanageable debt…
Facts The State Bank of India Stressed Asset Management Branch (SBI) has filed a petition…
Jersey: Update: Expansion of Jersey Insolvency Toolkit To print this…
Addleshaw Goddard set up a struggling business law firm in its Paris office, hiring a…
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NEW DELHI: As part of insolvency reforms, the Economic Survey 2021-22 suggested several steps to…
The National Company Law Appeals Tribunal (NCLAT) has upheld a winding-up order for debt-ridden Siva…
At the end of 2021, the Spanish government approved a draft reform of Spanish insolvency…
Legislation the Rating (Coronavirus) and Disqualification of Directors (Dissolved Companies) Act 2021 received Royal Assent…
On November 20, 2021, long-awaited changes to the Wage Earner Protection Program (“PPP”) came into…
In accordance with article 128 of theIndian Contracts Act, 1872, the liability of a guarantor…
SA lenders can hold a Swiss challenge auction or an inter-se tender if candidates for…
The iconic Basilica of St. John the Baptist could be sold as the Roman Catholic…
The primary duty of a trustee in bankruptcy is to maximize the value of the…
In a landmark decision, the Shenzhen Intermediate People’s Court (Shenzhen Court) ordered the formal recognition…
In a landmark ruling, the Shenzhen Intermediate People’s Court (Shenzhen Court) ordered the formal recognition…
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Recently, the Union Energy Ministry claimed that state-owned electricity distribution companies (discoms) fall under the…
Introduction Since the start of the COVID-19 pandemic, as in many other countries around the…
To print this article, simply register or connect to Mondaq.com. The problem of non-performing assets…
India: Monthly Update on Restructuring and Insolvency | december 2021 23 December 2021 HSA lawyers…
1. STATE OF THE MARKET IN RESTRUCTURING 1.1 Market trends and changes Bermuda’s restructuring market…
In Nuoxi Capital Ltd v Founding Group of Peking University Co Ltd [2021] HKCFI 3817,…
INTRODUCTION Apex Court on May 21, 2021 at Lalit Kumar Jain V. Union of India…
introduction National Tribunal for Company Law (“NCLT”) was introduced in the Companies Act 1956 in…
Types of liquidation and reorganization processesVoluntary liquidationsWhat are the conditions for a debtor to initiate…
The National Company Law Tribunal (NCLT) on Monday admitted the Reserve Bank’s plea to initiate…
The Reserve Bank of India on Thursday filed an application to initiate insolvency proceedings against…
Keith Tully, Partner at Real Business Rescue, shares his knowledge of the ripple effect of…
Lenders have already tried to finalize a resolution plan for two large non-bank lenders under…
The National Company Law Appeals Tribunal (NCLAT), Chennai, allowed an appeal filed by the creditors…
Consolidated insolvency proceedings may generate more interest among potential bidders than sole proprietorships A staff…
Since March 2020, the Covid-19 pandemic has led to the taking of several political decisions…
The FCA and PRA must have heaved a sigh of relief last week when news…
The number of business bankruptcies in Scotland increased by 80.3% between July and September of…
Even though insolvency proceedings against liquor baron Vijay Mallya and diamond dealer Nirav Modi continue…
“The insolvency industry is the ‘Wild West’ of our time” Prem Sikka is Emeritus Professor…
The number of companies choosing to go into liquidation has reached its highest level since…
The NCLT on Friday admitted insolvency claims brought by banking regulator RBI against two companies…
The Kolkata formation of the National Company Law Tribunal admitted non-bank lenders from the SREI…
HNA Group Co., Limited (under reorganization in Mainland China) [2021] HKCFI 2897 (Decision date: September…
The Reserve Bank of India (RBI) replaced the boards of directors of Srei Infrastructure Finance…
The Reserve Bank of India (RBI) replaced the boards of directors of Srei Infrastructure Finance…
To print this article, simply register or connect to Mondaq.com. On September 15, 2021, a…
When creditors try to collect debt from a troubled business in different jurisdictions, they incur…
Nitin Jain is the official liquidator of the PSL Group – recently wound up as…
In June of this year, 4,541 troubled companies were taken to bankruptcy courts. Of this…
India: Lenders are free to invoke the personal guarantees of a debtor company under the…
To print this article, simply register or connect to Mondaq.com. Due to the COVID-19 outbreak,…
Third party releases, especially releases from affiliated non-debtor guarantors, are generally a key feature of…
In an important verdict, the Supreme Court on Tuesday upheld changes made by Parliament to…