[ad_1] The National Company Law Tribunal (NCLT) has directed to initiate insolvency proceedings against Delhi NCR-based realty firm Imperia Structures and has appointed an interim resolution professional.Admitting a joint plea…
Tag: insolvency
Himadri Specialty hits 52-week high on CoC nod to Birla Tyres’ insolvency resolution plan
[ad_1] Shares of Himadri Speciality Chemical surged more than 4 percent on August 23 to hit 52-week high of Rs 190.90 after the company’s resolution plan along with Dalmia Bharat…
Chile’s Codelco at risk of insolvency as debt grows, CESCO report says
[ad_1] The logo of Codelco, the world’s largest copper producer, is seen at their headquarters in downtown Santiago, Chile March 29, 2018. REUTERS/Ivan Alvarado/File Photo Acquire Licensing Rights LONDON, Aug…
Future Retail resolution professional moves NCLT to seek extension of insolvency deadline till Sept 15
[ad_1] The resolution professional (RP) of Future Retail Ltd has approached the National Company Law Tribunal (NCLT), seeking a further extension till September 15 to complete the corporate insolvency resolution…
Aggressive ATO debt chase driving insolvency bump: CBA
[ad_1] The comments come after CBA reported a record $10.2 billion cash profit for the 2023 financial year, to which the business bank contributed nearly $4 billion. Business bank profits…
Indian chartered accountants mull India-Singapore platform for insolvency resolution
[ad_1] Indian Chartered Accountants have initiated a strategy to build best practices based on global standards for managing insolvencies, bankruptcies and dispute resolution following their interactions with Singapore-based professionals with…
Huobi Crypto Exchange Grapples with Rumors of Insolvency Amidst Hefty Outflows – Decrypt
[ad_1] The Huobi cryptocurrency exchange has been hit with outflows totaling a staggering $64 million this past weekend, continuing a long decline in the total value locked (TVL) on the…
Hong Kong man apprehended after insolvency offences
[ad_1] Patrick Lau, 46, has been sentenced to 16 months imprisonment, suspended for two years after pleading guilty to four counts of fraud under the Insolvency Act 1986. Lau had…
Precision engineer Nasmyth rescued after pre-pack insolvency deal
[ad_1] The turnaround investor Rcapital is to retain control of Nasmyth Group through a pre-pack administration deal orchestrated after a separate restructuring was blocked by HMRC, Sky News learns. By…
IBBI looks to crowd source ideas; seeks public comments on regulations under insolvency law
[ad_1] The Insolvency and Bankruptcy Board of India (IBBI) has sought public comments on the regulations notified till date under the insolvency law as it looks to crowd source ideas…