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Adjudication and Insolvency: Interface of Two Statutory Regimes Affecting the Construction Industry
Adjudication has become a key tool in the construction industry, helping employers and contractors resolve disputes quickly and keep cash flowing ...
Telefonica Peru Unit to Declare Insolvency After Failed Sale
Telefonica SA’s Peruvian unit said Friday that it has begun an insolvency process in a bid to restructure its finances and operations after failing to find a buyer.
California FAIR Plan gets $1 billion assessment to head off insolvency
It means California property owners will likely be billed from their private insurers to help compensate the FAIR Plan.
Mumbai: NCLT Admits Insolvency Petition Against Mumbai's Hellios Tubealloys Pvt Ltd, Initiates Resolution Process
The National Company Law Tribunal (NCLT), has admitted insolvency claim against M/s Hellios Tubealloys Pvt,  a mumbai based firm, who had availed financial assistance from Bank of Baroda (BOB), ...
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Byju's Insolvency: NCLT Directs Creditors' Committee To Take Decision On Insolvency Withdrawal
Under the IBC, an application for withdrawal of the insolvency process can be accepted by the NCLT if 90% or more of the ...
Byju's insolvency: NCLT reinstates Glas Trust as financial creditor, ejects resolution professional
Glas Trust and Aditya Birla Finance will now be included in Byju's committee of creditors, while founder Byju Raveendran will continue to be excluded from taking charge of his company..NCLT also ...