Recovery from resolutions in Jan-Mar’23 at 50% of admitted claims
In the January-March 2023 quarter, 70 Corporate Insolvency Resolution Processes (CIRPs) ended in resolution leading to recovery of Rs 32,137...
personal insolvency
Australian authorities release Personal Insolvency Compliance Report 2020–21
The Australian Financial Security Authority (AFSA) on 14 December released its Personal Insolvency Compliance Report 2020–21. The report outlines the...
Personal insolvency cases in Australia drop 54.4% in December quarter
Personal insolvency cases dropped 54.4% year-on-year in the December 2020 quarter, according to the latest personal insolvency statistics released by Australian...
India’s first personal insolvency proceeding begins against first gen entrepreneur Anil Syal
Anil Syal, the chief executive officer and promoter of Flywheel Logistics Private Limited (FLPL), has become the first personal guarantor...