NCLT Indore held that dissolution under Section 54 of the IBC was justified after all assets of the corporate debtor were ...

AA Carpets and Furnishings, based in Workington, has entered liquidation due to a range of factors creating "creditor pressure".

Key Changes Reshaping Insolvency Framework In India. Explore the key changes introduced by India's Insolvency and Bankruptcy ...

The National Industrial Court President emphasizes that the NDIC must prioritise depositors of failed banks in Nigeria, citing the NDIC Act 2023.

The Court of Appeal has set aside an undertaking directing Imperial Bank of Kenya (IBL) to pay Mombasa tycoons Ashok Doshi and Amit A. Doshi about Sh1 billion, as they seek to recover deposits from ...

The closure comes as independent breweries across the country face rising costs, uncertainty, taxes and red tape.

Telecommunications installer Adtech Contracting Pty Ltd entered voluntary administration on December 15, 2025 after falling into a $3.4m financial hole. The next day, its 16 staff were terminated ...

A senior bank loan is a loan that holds a legal claim to the borrower's assets that comes before all other debts.

Learn why senior debt is prioritized for repayment and considered less risky. Discover its workings, repayment hierarchy, and ...

The amended bankruptcy law has brought in a creditor-initiated insolvency resolution process (CIIRP) to help restructure distressed companies. The draft CIIRP norms are also out. These regulations ...

Mumbai, April 14, 2026: The Mumbai bench of the National Company Law Tribunal (NCLT) has partly allowed an application filed by Kohinoor City Office Towers Industrial Estate & Premises Co-operative ...