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...
Year: 2023
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...
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...
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...
NCLAT upholds Adani Power bid for Korba West Power
The National Company Law Appellate Tribunal (NCLAT) dismissed a plea by Shapoorji Pallonji & Co challenging the 2019 resolution plan...
Reliance Capital lenders stare at Rs 5,000 cr loss due to stay on auction
The lenders of Reliance Capital have upped the ante against Torrent Investments, which has been thwarting the attempts of the...
Merit list for Company Secretary exams held in Dec’22
Results of Company Secretary Professional Programme and Executive Programme Examinations held in December 2022 were declared on 25th February 2023....
Another Anil Ambani firm Reliance Broadcast Network faces insolvency proceedings
Reliance Broadcast Network Limited, the owner of Big FM radio station, will now face Corporate Insolvency Resolution Process (CIRP) after...
NCLAT stays insolvency proceedings against Zee
In a major relief to Zee Entertainment Enterprises Ltd (ZEEL), the National Company Law Appellate Tribunal (NCLAT) on Friday stayed...
Zee moves NCLAT against initiation of insolvency proceedings
Zee Entertainment Enterprises Ltd (ZEEL), which is now facing corporate insolvency resolution process (CIRP), will move to the National Company...