Mondaq Asia Pacific: Insolvency/Bankruptcy/Re-structuring
Corrs Chambers Westgarth
This case is an example of courts considering and largely accepting cross-jurisdictional cooperation in insolvency matters.
KordaMentha
The TMA Australia Survey provides insights into causes, challenges and successes of Australian corporate turnarounds.
Corrs Chambers Westgarth
Recent decision serves as a reminder of the steps to be taken before commencing a 'mothership' preference claim proceeding.
Worrells Solvency & Forensic Accountants
The general rule in bankruptcy is that a person's property, including the family home, vests in the bankruptcy trustee.
Corrs Chambers Westgarth
This TGIF considers a refusal by the Federal Court to declare void or terminate a DOCA on certain grounds.
King & Capital Law Firm
  近年房地产市场遇冷,房地产开发企业(以下称"开发商"或"债务人"或"发包人")进入破产清算、重整或和解程序也已不再是新闻了。
King & Capital Law Firm
我们代理的某金融机构诉其债务人借款合同纠纷案件的一审程序尚未完结,近日金融机构获悉债务人的控股股东经法院裁定进入破产清算程序
DeHeng Law Offices
2019年6月20日,中国证监会发布《关于修改〈上市公司重大资产重组管理办法〉的决定》("《征求意见稿》")公开征求意见的通知,《征求意见稿
Herbert Smith Freehills
In Yeung Lui Ming v Tang Mo Lin Irene [2019] HKCFI 1848, the Hong Kong Court of First Instance set aside a sale of cemetery sites and a transfer of shares by a bankrupt individual on the basis that they constituted...
VGC Law Firm
On August 9, 2019, in State Bank of India v. M/s. Manibhadra Polycot & Ors., Civil Appeal Nos. 4656-4657 of 2019, the Supreme Court has set aside an order passed by the National Company Law Appellate Tribunal ...
S.S. Rana & Co. Advocates
The professionals play a key role in disbursing dues to all forms of creditors and pay out liabilities as per the Insolvency and Bankruptcy Code.
AMLEGALS
SEBI had filed an appeal in NCLAT against the approval of resolution plan in Assam Company Limited by NCLT
DMD® ADVOCATES
The amendment would enable the market to come up with dynamic resolution plans for value maximisation.
AMLEGALS
Excel Metal Processors Limited Vs. Benteler Trading International GMBH and Anr [Company Appeal (AT) (Insolvency) No. 782 of 2019], NCLAT;
AMLEGALS
The NCLAT, while referring to Binani Industries Limited vs. Bank of Baroda and Anr.2018 SCC Online NCLAT 521, observed that CIRP is not a ‘suit' or a ‘litigation' or a ‘money claim' for any litigation.
AZB & Partners
On June 3, 2019, CCI approved the proposed joint acquisition of up to 100% of the total issued and paid up share capital of each of Uttam Galva Metallics Limited (‘UGML') and Uttam Value Steel Limited
Link Legal India Law Services
The Insolvency & Bankruptcy Code 2016 was enacted with a view to consolidate and amend the laws relating to reorganisation and insolvency resolution of corporate persons, limited liability partnerships, ...
King, Stubb & Kasiva
Though these judgments were in respect of settlement but the question was of applicability of NCLT rules in insolvency proceedings.
Vaish Associates Advocates
This would defeat the purpose of IBC and would also cause wrongful loses to all the creditors including Roxcel.
King, Stubb & Kasiva
The Hon'ble National Company Law Appellate Tribunal,New Delhi, in its recent judgment in Ahluwalia Contracts (India) Limited v. Raheja Developers Limited dated July 23, 2019, held that insolvency plea cannot be rejected ...
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VGC Law Firm
The default referred to herein above is in respect of a financial debt owed to any financial creditor.
Trilegal
The Insolvency and Bankruptcy Code (Amendment) Act, 2019 seeks to address critical gaps and inconsistencies in insolvency resolution timelines, payments received by operational creditors under
Cyril Amarchand Mangaldas
The Insolvency and Bankruptcy Code, 2016 (IBC) has been widely considered a landmark legislation that has brought about a paradigm shift in the recovery and resolution process.
Dhaval Vussonji & Associates
In contrast, the definition of operational debt is exhaustive in nature to mean inter alia a claim in respect of the provision of goods or services including employment.
IndiaLaw LLP
List of applications admitted by NCLTs under Insolvency and Bankruptcy Code, 2016 with details of public announcements inviting claims
Clarus Law Associates
On 11.10.2018, a division bench of the Hon'ble Supreme Court of India comprising of Justice R.F. Nariman and Justice Navin Sinha in the matter of B.K. Educational Services Private Limited v Parag Gupta And Associates, ...
AZB & Partners
On June 3, 2019, CCI approved the proposed joint acquisition of up to 100% of the total issued and paid up share capital of each of Uttam Galva Metallics Limited (‘UGML') and Uttam Value Steel Limited
King, Stubb & Kasiva
In case of cash flow insolvency the company is unable to pay debt as it falls due and in balance sheet insolvency the total liability exceeds its realisable assets.
Khurana and Khurana
It is better to have one codified legislation than multiple to deal with the aspects of a company which can have a singular umbrella.
VGC Law Firm
There have been a number of cases where the issue of rights of a creditor against a guarantor (corporate as well as individual) under the Insolvency and Bankruptcy Code, 2016 have been raised.
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