When a Sydney-based liquidator diverged insolvent Co. funds to personal accounts
A former registered liquidator from Lewisham, New South Wales, Amanda Young, has pleaded guilty to one count of fraud relating...
Month: January 2021
The turnaround story of Monnet Ispat and Energy
Monnet Ispat and Energy Ltd, renamed as JSW Ispat Special Products Ltd after its takeover by JSW Steel and AION...
Chennai bench of NCLAT to start working in virtual mode from 25 Jan 2021
The Chennai Bench of NCLAT (National Company Law Appellate Tribunal) will start functioning from 25 January 2021 through virtual mode....
‘Incomplete’ financial statements no reason for rejection of insolvency application: NCLAT
The insolvency law does not empower the National Company Law Tribunal (NCLT) to reject an insolvency petition on the ground...
Virar MLA-owned real estate firm under ED net in HDIL bank fraud case
In the Housing Development Infrastructures Ltd (HDIL) bank fraud case, the Enforcement Directorate (ED) today conducted searches in five premises...
Kwality Ltd goes for liquidation after CoC rejected Haldiram Snacks bid
Kwality Ltd, the Delhi-based dairy company, has been ordered to be liquidated after the insolvency proceeding failed to yield any...
New bankruptcy law of Brazil is a risk to corporate recoveries: Fitch Ratings
The new bankruptcy law of Brazil could lower recovery prospects for the debt of speculative-grade Latin American corporates and incentivise...
How you should prepare for Graduate Insolvency Programme entrance test
So how do aspiring candidates prepare for the Graduate Insolvency Programme Common Entrance Test (GIPCET), which is scheduled to be...
Registrar cannot determine NCLT jurisdiction: Delhi High Court
The question as to whether the National Company Law Tribunal (NCLT) has jurisdiction to entertain a particular case or not...
Resolution professional seeks ‘immunity’ after FIRs by Bhatia Coke and Energy promoters
The Chennai bench of NCLT has ordered the Madhya Pradesh and Tamil Nadu police to not take action on FIRs...