Fewer bankruptcies in July – Statistics Netherlands

Bankruptcy

11/08/2023 15:00 CBS / Nikki van Toorn Statistics Netherlands (CBS) reports that, adjusted for the number of court session days, there were 49 fewer bankruptcies in July 2023 than in the previous month; a decrease of 16 percent. Year on year, however, the number of bankruptcies has increased for 15 months in a row. “}),a?”map”==e.options.chart.type&&n?cbs.renderer.footNote=e.renderer.text(l,t,i,!0).css({fontSize:”7.5px”,fontFamily:v}).add():cbs.renderer.footNote=e.renderer.text(l,t,i+40,!0).css({width:e.chartWidth-t-cbs.renderer.itemMargin,fontSize:f,fontFamily:v}).add():cbs.renderer.footNote=e.renderer.text(l,t,i,!0).css({width:e.chartWidth-t-cbs.renderer.itemMargin}).add()}return…

Cafe Coffee Day insolvency: NCLAT Chennai stays the case, hearing scheduled for September | Mint – Mint

Bankruptcy

The Chennai Bench of National Company Law Appellate Tribunal (NCLAT) has stayed the admission of corporate insolvency case brought by National Company Law Tribunal (NCLT) Bengaluru against the the coffee chain firm, Cafe Coffee Day (CCD) on Friday. The NCLT order against CCD has been put on hold until the next hearing of the appeal filed by…

Corporate Distress And Compassion: Integrating Humanitarian Values Into NCLT's Decisions – Live Law – Indian Legal News

Liquidation

The Insolvency and Bankruptcy Code, 2016 (IBC) is a landmark legislation that aims to provide a speedy and efficient resolution of Insolvency and Bankruptcy cases in India. The IBC empowers the National Company Law Tribunal (NCLT) to admit and adjudicate applications for initiating Corporate Insolvency Resolution Process (CIRP) against defaulting companies. The IBC’s primary goal…