NCLT admits insolvency resolution plea against Dream11 sports platform's owner Sporta Technologies – The Economic Times

The Mumbai bench of the National Company Law Tribunal (NCLT) has admitted Sporta Technologies, which owns Indias largest fantasy sports platform Dream11, under the corporate insolvency resolution process (CIRP) on an application filed by the resolution professional of Reward Solutions.The tribunal appointed Madan Bajrang Lal Vaishnawa as the interim resolution professional to conduct the insolvency…

Warning for Midlands businesses as tide rises on corporate insolvencies – East Midlands Business Link

A rising tide of insolvent businesses in England and Wales could swell further and lead to a significant hike in corporate insolvency levels across the region for 2024. This is according to the Midlands branch of insolvency and restructuring body R3 and follows the latest annual statistics published by the Insolvency Service which show that…