LATEST ARTICLES
Australia
Cathro & Partners
FEG is a scheme of last resort that provides financial assistance for unpaid employee entitlements in insolvency.
Worrells
Tough financial situations need a balance of care matched by an expert understanding of feasible options and solutions.
Worrells
ASIC considers a number of factors before deciding to investigate and take enforcement action against offenders.
Worrells
Company debts can become the director's personal debts in certain circumstances, thereby piercing the corporate veil.
Holman Webb
Recently, the ATO issued 50,000 letters of demand to company directors, giving them 21 days to resolve tax liabilities.
Cathro & Partners
When will I get paid if the Company that owes me money is placed into External Administration?
Corrs Chambers Westgarth
Reminder of the importance of appropriately evidencing debts, particularly for purposes of creditors meetings to determine next steps.
Cathro & Partners
Link to video explaining the process of members voluntary liquidation & why numerous companies may need to participate.
China
Hogan Lovells
A new era has been ushered in following the arrangement on the mutual recognition of, and assistance with, insolvency-related proceedings and restructurings between Hong Kong and mainland China.
Hong Kong
Herbert Smith Freehills
The Hong Kong Court of Final Appeal has taken a practical approach in interpreting the second core requirement, out of three needed, for a Hong Kong Court to exercise its discretion to ...
Ogier
On 22 February 2022, Doyle J made a winding up order and appointed joint official liquidators in respect of GTI Holdings Limited (Company), a company incorporated in the Cayman Islands.
India
Khaitan & Co
The Insolvency and Bankruptcy Board of India (the Board) vide its circular no. IBBI/2022-23/GN/REG084 dated 14 June 2022, in exercise of the powers conferred under clause...
LexCounsel Law Offices
The petition has been filed under Section 9 of the IBC by Ahluwalia Contracts (India) Ltd. ('OC') for initiating the Corporate Insolvency Resolution Process against Logix Infratech Pvt. Ltd. ('CD').
Khaitan & Co
The Supreme Court of India (SC) by way of a judgment in Vallal RCK v. Siva Industries and Holdings Limited & Ors, Civil Appeal Nos. 1811-1812 of 2022 dated 03 June 2022 reaffirmed the...
Vaish Associates Advocates
The Supreme Court ("SC") has in its judgment dated May 30, 2022, in the matter of Kotak Mahindra Bank Limited v. A. Balakrishna and Another [Civil Appeal No. 689 of 2021]...
HSA Advocates
Vide lease deed dated July 30, 2010, New Okhla Industrial Development Authority (NOIDA/Appellant) leased a plot to Shubhkamna Buildtech Pvt Ltd (Corporate Debtor) for a period of 90 years.
Tuli & Co
State Bank of India filed an application under §95 of the Insolvency and Bankruptcy Code 2016 to initiate the corporate insolvency resolution process against a personal guarantor.
AKS Partners
The legislative intent of the Parliament while enacting The Insolvency and Bankruptcy Code, 2016 ("IBC") in all its wisdom was clear, i.e. to make the business environment in the country...
ZBA
IBBI amended IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 (CIRP Regulations) on 14 June 2022 (Second Amendment) to ease the corporate insolvency...
Pisut & Partners
Restructuring & Insolvency Comparative Guide for the jurisdiction of Thailand, check out our comparative guides section to compare across multiple countries
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