When businesses face financial turmoil, they often find themselves at a crossroads. The weight of mounting debts, ...

Liquidation is the process through which a company's operations are brought to an end and its assets are redistributed. This action can occur for various reasons, including bankruptcy, failure to ...

The Ministry of Corporate Affairs on June 29, 2017 came out with an important clarification bringing an end to the uncertainty over proceedings for voluntary winding up initiated under the Companies ...

The Liquidator continues to believe that it will be able to complete a distribution in the fourth quarter of 2020, subject to the resolution of claims and other ongoing administrative matters ...

New Delhi, Jan 7 () A secured creditor cannot sell assets of a company undergoing liquidation process to any person barred from submitting an insolvency resolution plan, as per a new amendment made to ...

IBBI updates electronic forms LIQ-1 to LIQ-4 for the liquidation process, reducing compliance burden and improving regulatory ...