Acheson Construction folds into administration

Mon, 24 Feb 2025 | ADMINISTRATION Dorchester-based Acheson Construction has collapsed into administration. The company appointed Richard Lewis and Alistair Wardell of Grant Thornton as joint administrators on February 18. Acheson, which has been involved in a host of local and regional building projects, had operated for more than 50 years and had another premise…

Rise in Corporate Insolvencies in Austria Reaches New High – Vindobona.org

The service sector was particularly affected, followed by the construction industry and trade. In trade, 1,199 insolvencies were registered, while business-related services recorded 1,091 and construction 1,062. The accommodation and food service sector was also badly affected with 827 bankruptcies. In contrast, the number of private insolvencies fell slightly by 1.0% to 9,634 proceedings. Analysis…

Companies News Today Live Updates on February 24, 2025: Byju’s insolvency: NCLT approves new resolution professional

Companies News Today Live Updates: Stay ahead of the curve with the latest insights from the corporate world through our company news coverage. This section provides a detailed look at significant events affecting industries and markets globally, including mergers, acquisitions, financial reports, and strategic shifts in leadership and operations. Whether you’re an investor, a business…

Byju’s insolvency: NCLT approves new resolution professional

Embattled ed-tech firm Byju’s has a new navigator for its bankruptcy proceedings. On Monday, the Bengaluru insolvency court approved the appointment of Shailendra Ajmera as the resolution professional (RP), replacing Pankaj Shrivastava. This follows a January order by the National Company Law Tribunal (NCLT), which questioned Shrivastava’s ability to oversee the process. The tribunal also…