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Headlines
NCLT Allows Withdrawal of Insolvency Proceedings Against ATS Group Project
The National Company Law Tribunal (NCLT), New Delhi Bench, has permitted the withdrawal of corporate insolvency resolution proceedings (CIRP) initiated against ATS Heights Private Limited, the developer of the ATS Knightsbridge…
Analysis: China Weighs Personal Bankruptcy Reform
While there is currently no countrywide legal route to a financial fresh start in China, some provinces and cities have begun piloting local equivalents of a bankruptcy law, The Straits Times reported. That gap has drawn growing…
Danish VW Supplier Støtek Goes into Administration
Danish Volkswagen supplier Støtek A/S, based in Vojens, has filed for administration, according to boosted.dk. The relevant insolvency court in Sønderborg has placed the company into administration. As a result of the insolvency…