In a momentous legal judgment, the National Company Law Appellate Tribunal (NCLAT), Delhi has delivered its decision regarding the contentious insolvency case concerning Hindustan National Glass. The NCLAT has upholded the entire insolvency resolution process meticulously followed by the Resolution Professional and endorsed by the Committee of Creditors (COC). This landmark ruling follows a series…
The Parliamentary Joint Committee on Corporations and Financial Services released its Report into Corporate Insolvency in Australia, the first major review of Australia’s corporate insolvency regime since the Harmer Report in 1988. The Report made 28 recommendations in total which can be divided into recommendations that support a comprehensive and independent review encompassing both corporate…
Investors increasingly look for financial stability and an all-encompassing business ecosystem that will stand firm in the face of headwinds. (Photo by RadioDave via Shutterstock) The UAEs ecosystem for restructuring and insolvency has evolved significantly in less than a decade, developing its own playbook of international best practices, adopting learnings from the most impactful approaches,…
We are all looking for ways to make our money make more money. For most people, when they buy shares in a public listed company or put capital into a private company, they are hoping for a return on their investment. That return generally takes the form of a dividend. If you have been savvy…