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Bankruptcy – Involuntary petition – Qualifying creditors

Where a creditor has filed an involuntary petition against a debtor, that petition must be dismissed because the debtor had more than 11 eligible creditors as of the petition date, triggering a statutory requirement of three qualifying creditors. “This matter came before the Court on the involuntary petition (‘Involuntary Petition’) filed on February 11, 2022 ....

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Supreme Court: NCLT Cannot direct parties to settle a dispute

The Supreme Court in its recent judgment in ES Krishnamurthy vs. M/s. Bharath Hi-Tech Builders Private Limited has held that the NCLT cannot compel any party to settle a dispute. ....

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Koffee Kup employees to receive PTO balances

Koffee Kup employees to receive PTO balances
benningtonbanner.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benningtonbanner.com Daily Mail and Mail on Sunday newspapers.

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Koffee Kup bankruptcy could cut employee benefits from $830K to $12K

Koffee Kup bankruptcy could cut employee benefits from $830K to $12K
benningtonbanner.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benningtonbanner.com Daily Mail and Mail on Sunday newspapers.

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Student Loan Borrowers Try To Force Navient Into Bankruptcy

Student Loan Borrowers Try To Force Navient Into Bankruptcy
forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.

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