Mondaq Asia Pacific: Insolvency/Bankruptcy/Re-structuring
Corrs Chambers Westgarth
Does a solicitor acting for a shareholder also owe a duty of care to the company in liquidation?
Barraket Stanton
If a company has not updated its registered office, it could be wound up without even knowing about the application.
Mayer Brown
In the recent case Re CW Advanced Technologies Limited,1 the Hong Kong court took the opportunity, albeit only obiter dicta, to raise and briefly comment ...
Akin Gump Strauss Hauer & Feld LLP
The High Court of Hong Kong has handed down an intriguing insolvency and restructuring decision which reaffirms the Hong Kong court's pragmatic approach to cross-border restructuring.
This time the Corporate Debtor replied with objections and raised a new dispute that the project was left incomplete by the Petitioner.
S.S. Rana & Co. Advocates
The insolvency professional, who is the choice of the highest number of creditors in the class, is appointed as the authorised representative of the creditors of the respective class.
S.S. Rana & Co. Advocates
The Insolvency and Bankruptcy Code, 2016,1 provides that only in cases where no disciplinary proceedings are pending against the insolvency professional that he/ she may be appointed as interim resolution professional, ...
Khaitan & Co
At this juncture, after the Appellant appealed against the decision of the NCLAT.
Fair & Just Legal Solutions LLP
The Insolvency and Bankruptcy Code, 2016 ("IBC") is one of the biggest economic reforms in the Indian history.
The Insolvency and Bankruptcy Code has replaced the ‘debtor centric' insolvency regime with the ‘creditor centric' insolvency regime.
S.S. Rana & Co. Advocates
Resulting takeovers with restructuring the basic framework to move with new wave.
L&L Partners
Quite recently, Hon'ble National Company Law Appellate Tribunal ("NCLAT/ Appellate Authority") while deciding the issue, "whether the order of moratorium will cover a criminal proceeding under Section 138 of NI Act...?"...
S.S. Rana & Co. Advocates
The Insolvency and Bankruptcy Code, 2016 undergoes yet another amendment to ensure enforcement of the provisions of the Code aiming towards the fulfilment of its objective of time-bound resolution process.
Khaitan & Co
Khaitan & Co advised Liberty House Group in relation to insolvency resolution of ARGL Limited under the Insolvency and Bankruptcy Code, 2016.
Khaitan & Co
Khaitan & Co advised Liberty House Group in relation to insolvency resolution of Castex Technologies Limited under the Insolvency and Bankruptcy Code, 2016.
Nishith Desai Associates
Recently, the Supreme Court of India ("Supreme Court") in K. Kishan v. M/s Vijay Nirman Company P. Ltd., has considered whether the Insolvency and Bankruptcy Code, 2016 ("the Code") can be invoked in respect of an operational debt where the arbitral award passed against the operational debtor creating such debt, is pending challenge under Section 34 of the Arbitration and Conciliation Act, 1996 ("Act").
S.S. Rana & Co. Advocates
In order to tackle the problem of unscrupulous debtors escaping and delaying the repayment of debts, the Government of India brought forth the Insolvency and Bankruptcy Code, 2016.
Nishith Desai Associates
The fledgling insolvency regime in India is rapidly evolving every few months to keep it on its path to revolutionize the distressed assets market, through a combination of legislative amendments ...
S.S. Rana & Co. Advocates
The Indian banking sector is being faced by the challenges posed by the non-performing assets which are the loans or advances for which the payment remains outstanding.
Dhaval Vussonji & Associates
In our earlier article titled, "Homebuyers now Financial Creditors: Too many cooks spoil the resolution process?", we analysed the impact of the Insolvency and Bankruptcy Code (Amendment) Ordinance, 2018, ...
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Worrells Solvency & Forensic Accountants
Section 588FDA of the Corporations Act provided that it was voidable as an unreasonable director-related transaction.
ClarkeKann Lawyers
PBAs are trust accounts, intended to protect down the line subcontractors from the insolvency of up the line contractors.
Khurana and Khurana
The Corporate Debtor/Respondent (Uttam Galva Metallics) defaulted in the payment to the Operational Creditor/Appellant (Macquarie Bank) amounting to USD 6,321,337 equivalent to Rs. 43,11,15,190.
Worrells Solvency & Forensic Accountants
Using credit repair and debt management firms may mean consumers pay high fees and not get the solution they're seeking.
Worrells Solvency & Forensic Accountants
This article examines challenges to the entitlement of creditors in bankrupt estates to vote at meetings of creditors.
Stacks Law Firm
Creditor sues for money received by bankrupt from his late mother's superannuation fund.
Worrells Solvency & Forensic Accountants
The judge provided guidance on some key principles around a bankrupt trustee's right of indemnity out of trust assets.
Worrells Solvency & Forensic Accountants
AFSA has recently released annual statistics, trends and also data about personal insolvency causes for the 2016-17 year.
Worrells Solvency & Forensic Accountants
A company director who receives a statutory demand for payment from a creditor must act appropriately within 21 days.
The Insolvency and Bankruptcy Code (Amendment) Ordinance, 2018 brings about significant changes to improve the insolvency resolution framework in India.
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