Abbey Marketing Communications in liquidation

Abbey Marketing Communications and connected company Spirit DM have gone into liquidation. Notices published today (7 February) on The Gazette said liquidators were appointed at Abbey Marketing Communications Limited and Spirit D M Limited on 30 January. Nedim Ailyan and Ben Stanyon, both of FRP Advisory Trading in Orpington are listed as the joint liquidators…

New Mechanism for Corporate Insolvency Resolution Process – GKToday

February 7, 2025 The Insolvency and Bankruptcy Board of India (IBBI) has proposed a new framework aimed at enhancing the efficiency of the Corporate Insolvency Resolution Process (CIRP). This initiative addresses the challenges faced by interconnected corporate entities undergoing insolvency. The discussion paper released by IBBI marks various inefficiencies and conflicts that arise when multiple…