Tag: Liquidation
Creditor claims for accelerating shareholder contributions
The new Company Law empowers creditors to accelerate shareholder capital calls, but judicial tests vary
IBBI proposes changes on corporate insolvency framework
The Insolvency and Bankruptcy Board of India issues a discussion paper on proposed changes to toughen the framework on CIRP, liquidation and bankruptcy
Zhong Lun hires dispute resolution partner in HK
Zhong Lun Law Firm has recruited Tony Chow as a partner at its Hong Kong office, further reinforcing its capabilities in dispute resolution in the city
Court clarifies IBC priority is revival
Supreme Court recalled liquidation order in Kalyani Transco v Bhushan Power & Steel, reaffirming IBC’s rescue objective
RBI cancels HCBL bank licence, liquidation set to begin
RBI cancels HCBL Co-Operative Bank's license citing legal breaches and depositor risk, with liquidation now underway
New exits for shareholders under revised Company Law
The revised Company Law offers new shareholder exit mechanisms, including share repurchase and compulsory deregistration
Conyers launches new practice amid demand in Singapore
Conyers has opened a litigation and restructuring practice in Singapore, led by Anna Lin
IBBI launches online portal for liquidation process
The IBBI has issued circulars on 28 June on the launch of online portals for insolvency professionals
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