Month: February 2023

UK individual insolvencies

One in 399 adults in UK became insolvent in 2022

One in 399 adults (at a rate of 25.0 per 10,000 adults) entered insolvency the UK in 2022. This is...

More power to CoC

NCLT prescribes dress code for resolution professionals, authorised representatives

The National Company Law Tribunal (NCLT) has mandated a dress code for interim resolution professional, resolution professional and liquidators for...

RCI Industries and Technologies

15 Feb is last date for submission of EoI for RCI Industries and Technologies

The resolution professional of RCI Industries and Technologies Ltd has invited Expression of Interest (EoI) from prospective bidders for the...

Reliance Innoventures

NCLT orders against second round of auction in Reliance Capital CIRP

The National Company Law Tribunal (NCLT) has allowed Torrent Investments' plea challenging lenders' decision to hold a fresh round of...