January 21, 2022 India – Government Proposes Changes To The Insolvency And Bankruptcy Code For Time Bound Resolution Of Stressed Assets.
January 21, 2022 India – NCLT Can Grant Time To Objectors To File Objection During Initiation Of Pre-Pack Insolvency. Resolution Process.
January 21, 2022 India – Share Application Money Is Treated As Financial Debt On Non-Allotment Of Shares.
January 21, 2022 India – For Sale Of The Corporate Debtor, All Prospective Bidders Should Get Sufficient Notice And Time To Enable Them To Participate In The Bidding In An Effective Manner.
January 21, 2022 India – If The Corporate Debtor Is A MSME, It Is Not Necessary For Promoters To Compete With Other Resolution Applicants To Regain Control Of The Corporate Debtor.
January 21, 2022 India – Share Purchase With Annual Put Option Cannot Be Considered As A Debt Which Is Disbursed Against Consideration Of Time Value For Money.
January 21, 2022 India – NCLT Cannot Stay Termination Of Contract Based On Grounds Unrelated To Corporate Debtor’s Insolvency.
January 20, 2022 Hong Kong Court To Adjudicate Creditor Rights Under Keepwell Deeds Despite Mainland China Insolvency Proceedings.
January 20, 2022 Hong Kong Court Refused To Wind Up A Foreign Company As Liquidators Would Not Have Any Power Over Offshore Subsidiaries.
January 19, 2022 Malaysia – Director’s Liabilities For Insolvent Trading Under The Companies Act 2016.