Geelong cleaning company with $1.5m debt liquidated – Geelong Advertiser
Geelong cleaning company with $1.5m debt liquidated Geelong Advertiser Read the original article here
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Northern Irish business insolvencies fall whilst personal insolvencies increase
Latest monthly statistics from the Insolvency Service have shown that personal insolvencies increased whilst business insolvencies declined in Northern Ireland in February 2025. The data showed that there 21 business insolvencies registered in Northern Ireland, this was 19% lower than in February 2024. The total number of company insolvencies was comprised of nine compulsory liquidations,…
Business insolvencies increase by 2.9%
Latest figures from the Insolvency Service have shown that the number of registered business insolvencies in England and Wales increased by 2.9% in February 2025 to a total of 2,035 compared to January 2025’s total of 1,978, and decreased by 7% compared to February 2024’s figure of 2,188. The business insolvencies consisted of 393 compulsory…
Scottish business insolvencies increase by 10% – Credit Connect
Scottish business insolvencies increase by 10% Credit Connect Read the original article here
JAL insolvency – JAL insolvency: Adani, JSW, Vedanta among bidders for company’s Rs 17,300-crore assets
Top business groups such as JSW, Dalmia Bharat, Jindal Power, Vedanta, GMR, Welspun and Torrent have reportedly submitted expressions of interest (EoIs) for Jaiprakash Associates Ltd (JAL). The Adani Group is also expected to submit an EoI before the final deadline of March 25. According to a report in The Economic Times, another large Delhi-based…
R3: Increase in insolvency-related activity in Dorset
The increase was reported by R3, the UK’s insolvency and restructuring trade body, which analysed data from Creditsafe. The data revealed a rise in insolvency-related activities from 172 in January to 212 in February. These figures include administrator and liquidator appointments, as well as creditors’ meetings. READ MORE: FOUNDRY: Hundreds attend networking business event in Poole…
Adani, GMR, Dalmia Bharat, Vedanta among Jaiprakash Associates insolvency bidders, says report – Companies
Updated Mar 19, 2025 12:15 IST Adani, GMR, Dalmia Bharat, Vedanta among Jaiprakash Associates insolvency bidders, says report Jaiprakash Associates Insolvency Bidders : Several major business groups are eyeing a potential acquisition in the infrastructure and cement space, signaling heightened interest in distressed assets. The development comes amid a court-monitored Jaiprakash Associates insolvency process, drawing…
NCLAT junks bankruptcy case against Essar Oil and Gas Exploration
The National Company Law Appellate Tribunal (NCLAT) has set aside the bankruptcy case against Essar Oil and Gas Exploration and Production Ltd (EOGEPL), a subsidiary of Essar Group. An NCLAT bench led by chairperson Justice Ashok Bhushan overturned the National Company Law Tribunal (NCLT) order, based on a petition from Greka Green Solutions (India) Ltd,…
Zomato Vs. Nona Lifestyle: Experts Weigh In On Insolvency Plea And Stock’s Future
Zomato is facing potential insolvency proceedings as Nona Lifestyle Pvt Ltd has filed a petition with the National Company Law Tribunal (NCLT) seeking to restore an earlier insolvency plea under Section 9 of the Insolvency & Bankruptcy Code. Nona Lifestyle claims Zomato owes ₹1.64 crore, including interest, due to delayed payments and incomplete delivery, a…