Insolvency Resolution | Endless delays the Achilles heel of bankruptcy law – Moneycontrol.com

Harini Subramani Its three years since the Parliament passed the Insolvency and Bankruptcy Code, but its implementation is fraught with teething troubles. Endless delays in the resolution process under the code appear to be its Achilles heel. A recent report released by Crisil and Assocham has quoted Insolvency & Bankruptcy Board of India data which…

NCLT directs de-attachment of properties attached by SEBI – Bar & Bench

Varun Marwah May 16 2019 The Principal Bench of National Company Law Tribunal (NCLT) recently ordered de-attachment of properties belonging to a corporate debtor, which were attached as part of execution proceedings by the Securities and Exchange Board of India (SEBI). The attachment order was also upheld by the Securities Appellate Tribunal (SAT). This particular…

LGBTIQ+ publication Star Observer enters voluntary administration – OUTInPerth – LGBTIQ News and Culture – OUTinPerth

Australias largest LGBTIQ+ publication has announced today they have entered voluntary administration and are up for sale. Star Observerhas been running in its various forms since it was founded in 1979. Star Observers Chairman Sebastian Rice says that cash flow is the life blood of any small organisation. TheStar Observer is an LGBTI community owned…