Day: March 5, 2023

Australia personal insolvencies

Personal insolvencies in Australia up 25% in January

Personal insolvencies in Australia increased 24.5% in January 2023, according to new monthly statistics released recently by the Australian Financial Security...

Chapter 11 bankruptcy

Commercial chapter 11 US bankruptcy filings up 83% in February

New bankruptcy filings in February 2023 registered double-digit increases year-over-year across all U.S. major filing categories, according to data provided...

IBBI income tax exempted

Govt exempts certain IBBI earnings from income tax for five years

The government of India has notified the income tax exemptions to certain income of the insolvency regulator – Insolvency and...

Workshop for insolvency professionals on IBC

Understanding challenges in CIRP while managing business as going concern

Amitesh Deshmukh Keeping a corporate debtor undergoing corporate insolvency resolution process as a going concern is one of the biggest...