Company insolvencies in UK up 27% in June; individual bankruptcies up 29%
The number of registered company insolvencies in UK in June 2023 was 2,163, 27% higher than in the same month...
Month: July 2023
Rs 1,814-crore resolution plan for Lavasa Corporation gets NCLT approval
The Mumbai bench of NCLT has approved the Rs 1,814-crore resolution plan submitted by Darwin Platform Infrastructure (DPIL) for Lavasa...
DGCA accepts flight resumption plan of Go First, but with some conditions
The Directorate General of Civil Aviation (DGCA) has accepted Go First's flight resumption plan, but with some conditions. The airline...
Stakeholders discuss challenges in resolution of real estate companies
Non-acceptance or part acceptance of claims, multiple litigation or non-cooperation by suspended directors, litigation by government agencies, and delay in...
NCLT approves Rs 548-crore resolution plan for Arena Superstructures
The NCLT has approved the Rs 584.50 crore plan submitted by Purvanchal Projects Pvt.Ltd for the resolution of Arena Superstructures...
Verdict in Rainbow Papers Ltd case ignored Section 53 of IBC: SC
The Supreme Court in a recent order in Paschimanchal Vidyut Vitran Nigam Ltd. v. Raman Ispat Private Limited & Ors...
NCLT nod to Rs 180-cr resolution plan for Capricorn Food Products India Ltd
The National Company Law Tribunal (NCLT) has approved the Rs 180-crore resolution plan for Chennai-based Capricorn Food Products India Ltd....
Govt-owned CONCOR to face insolvency resolution process
Public sector container and transportation company -- Container Corporation of India Limited (CONCOR) – will have to face Corporate Insolvency...
Reliance Retail among three in race for Future Enterprises
Reliance Retail Ventures, the retail arm of Mukesh Ambani-owned Reliance Industries, is among the three companies in the race for...
28th July last date for submitting EoIs for Future Lifestyle Fashion
Future Lifestyle Fashion (FLFL), the erstwhile flagship fashion business of Future Group, has invited expressions of interest (EoIs) from prospective...