The temporary insolvency protections relating to statutory demands, which will apply to all companies, are due to end.
A recent government media release announced an increase in the minimum dollar threshold for issuing a Bankruptcy Notice.
A recent media release reported an increase to the minimum dollar threshold for issuing a Bankruptcy Notice.
Corrs Chambers Westgarth
SC gave judicial advice to liquidators of related companies within the Octaviar group regarding a proposed settlement.
Insolvency protections – those expiring on 31 Dec 2020 & those starting on 1 Jan 2021. Recommendations for creditors & debtors.
Directors must continue to be mindful of the requirement to comply with their director's duties owed to the company.
Cooper Grace Ward
Small business owners may be able to get a transfer duty and vehicle registration duty exemption when they restructure.
The DOCA must be drafted carefully; or deed creditors may find that their sacrifice merely improves the claims of others.
In this article, we provide an overview of the corporate bankruptcy and insolvency regime in Hong Kong.
In the current economic climate, and particularly in the context of the implications of COVID-19 (coronavirus), many businesses are considering restructuring and/or rescheduling indebtedness.
Akin Gump Strauss Hauer & Feld LLP
In Re Ando Credit Limited  HKCFI 2775 ("Re Ando"), the Hong Kong Companies Court recently appointed provisional liquidators over a Hong Kong company, Ando Credit Limited, in novel circumstances with potentially significant consequences.
In a soft touch provisional liquidation in Hong Kong, a provisional liquidator is appointed to pursue a corporate restructuring
In order to recalibrate the Minimum Public Shareholding (MPS) requirements for listed companies which are presently going under Corporate Insolvency Resolution Process (CIRP)...
The Law Point
The Insolvency and Bankruptcy Code, 2016, has boosted the industry in terms of either reviving the company in question or faster liquidation of the same without letting them deteriorate.
The Law Point
The conflict between the Insolvency and Bankruptcy Code (IBC) and the Sarfaesi Act has once again come to the fore as the RBI rejected a resolution plan submitted by UV Asset Reconstruction (UVARCL) to acquire Aircel's assets.
In November 2019, after reports of a large-scale financial scam, Dewan Housing Finance Corporation Ltd (DHFL) became the first non-banking financial company to be referred...
In recent times, several noteworthy judgments have been rendered by Indian courts and tribunals in matters involving the law of insolvency and bankruptcy in India. Some recent decisions rendered
VGC Law Firm
Recently, in Anup Sushil Dubey v. National Agriculture Co-operative Marketing Federation of India Ltd, the NCLAT dealt with the issue "Can lease rentals arising out of use and occupation...
The Insolvency and Bankruptcy Code, 2016 (IBC) aims to revive debtor entities facing financial stress.
For the gift deed or release deed to be legally valid, it is necessary that it is registered with the sub-registrar of assurances having appropriate jurisdiction