The National Company Law Appellate Tribunal (“NCLAT”) New Delhi bench of Justice Rakesh Kumar Jain (Judicial Member) and Mr. Naresh Salecha (Technical Member) has held that the sale of a corporate debtor as a going concern in liquidation can be conducted even beyond 90 days under amended Regulation 32A(4) of the Liquidation Regulations, 2016 (Regulations).…
Family Metal Foundry Saves a Business The KTM Insolvency Nearly Killed MSN Read the original article here
Family Metal Foundry Saves a Business The KTM Insolvency Nearly Killed MSN Read the original article here
Company collapses in Western Australia have surged 24 per cent, with more than 1200 businesses plunging into insolvency in 2024. 9News Perth and WAtoday can reveal new figures from the Australian Securities and Investments Commission, analysed and provided by WA Senator Dean Smith, which showed construction and hospitality companies were among the hardest hit. Construction…
Think back, if you will, to the beginning of January 2025. In the midst of all the rough KTM insolvency news, that’s also when we learned about another business that was about to bite the dust thanks to the situation. It was a metal foundry called Vöcklabrucker Metallgießerei GmbH, and this firm had apparently been around…
Downing Strategic Micro-Cap IT enters voluntary liquidation Investing.com Read the original article here
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Corporate insolvencies in England and Wales increased by 6.4% in January 2025 to a total of 1,971 compared to December 2024’s total of 1,852, and increased by 10.7% compared to January 2024’s figure of 1,780. Corporate insolvencies increased by 13.1% from January 2023’s total of 1,743. Personal insolvencies in England and Wales decreased by 3.4%…
Forever 21 may close remaining stores as second bankruptcy looms MSN Read the original article here
Business insolvency: reflections and predictions Cumbria Crack Read the original article here